The Federal Deposit Insurance Corp. (FDIC) has sued a law firm in Henry County, Georgia, and one of its partners, accusing them of professional negligence, legal malpractice and other misconduct related to multi-million dollar real estate loans that contributed to the 2009 collapse of Neighborhood Community Bank (NCB) in Newman.
BMO Capital Markets increased its fiscal 2012 profit forecast for Dell, Inc., a day after the PC maker reported strong quarterly results.
Amid growing competition from non-banks, BB&T bank, which has locations primarily in the southeastern and mid-Atlantic U.S., is now offering a new prepaid checking account which comes with a Visa-branded debit card.
HTC released its 7-inch Android tablet Flyer at the Mobile World Congress (MWC) in Barcelona while BlackBerry maker RIM announced that it will offer its tablet PlayBook in HSPA+ and LTE versions.
African Barrick Gold Plc reported higher-than-expected earnings in its first full-year results since listing, as strong gold prices outweighed a decline in production and lifted its shares.
Eurocopter India, the Indian subsidiary of the world’s leading helicopter manufacturer, Eurocopter, has introduced the AS350 B3 Ecureuil and EC130 B4 helicopters in India to promote Heli tourism in the southern state of Kerala.
Reliance Broadcast Network Ltd expects to turn net profitable as it seeks other businesses to add power to its radio muscle by June, its top executive told Reuters late on Tuesday.
The head of Fannie Mae and his firm's government overseer on Tuesday defended the use of millions of taxpayer dollars to pay legal bills for former executives accused of fraud.
Tanzania has extended nationwide power rationing after a prolonged drought led to a 230 megawatt (MW) deficit on the national grid, a senior official said on Tuesday.
Bank of America (BofA) has selected a battery of top-end law firms to represent their legal interests but being on the legal panel comes at a price.
Cadwalader Wickersham & Taft's gross annual revenue has slipped 6 percent in 2010 despite profit per partner (PPP) being slightly up compared to prior year.
A federal appeals court has upheld the conviction of a Florida doctor who was sentenced to 25 years in prison for providing material support and offering treatment to wounded Al Qaeda militants.
A Maine judge has upheld a jury verdict that awarded $7.3 million in damages to a businessman who has accused a law firm of causing him emotional distress.
Robert Bob DuPuy, former Major League Baseball (MLB) president, has rejoined law firm Foley & Lardner's sports industry practice group in New York as a partner.
Digital media giant AOL and popular political blog site The Huffington Post had hired Simpson, Thacher & Barlett and Latham & Watkins respectively to advise them on the recently announced $315 million acquisition deal.
Fannie Mae has booted Florida-based foreclosure law firm Ben-Ezra & Katz from its retained attorney network after noticing that the firm was not handling its matters in strict compliance with proper procedures, ethical codes of conduct and legal requirements.
Brooklyn Decker, American fashion model and actress, and her husband, the American tennis ace, Andy Roddick, have listed their waterfront home in Austin, Tex., at $3.6 million, according to Aol Real Estate.
Companies are spending much less on sandwiches in the business meetings due to recession, according to a recent survey conducted by UK's office design company Maris Interiors LLP.
Speculation is that Apple is due to launch a smaller and cheaper version of its iPhone to sit alongside the current and upcoming breed of iPhones.
Tata Motors Ltd said on Tuesday its global vehicle sales rose 16 percent in January to 98,998 units.
Chairman of British Fashion Council, Harold Tillman, may put up fashion brand Jaeger for sale after receiving several offers for the company.
Starbucks Corp. the world's largest coffee chain may soon announce a partnership with single-serve coffee segment leader Green Mountain Coffee Roasters, according to unconfirmed reports.
Jeff Garlin, an American actor, comedian and voice artist, and his wife have purchased a vintage six-room condominium unit on the Gold Coast for $591,700.
Jason Richardson, an American professional basketball player for the Orlando Magic of the National Basketball Association, has re-listed his Oakland, CA home for $1.95 million, which is less than his initial asking price from 2008.
NEW YORK, Feb 14 - Technology communications company VoIP Inc sued Google Inc. in New York Supreme Court on Monday, accusing the Internet giant of stealing its trade secrets related to online voice technology.
American musician and pianist, singer-songwriter, and classical composer Billy Joel’s third ex-wife, Katie Lee, has sold her luxurious New York townhouse for $11.65 million she received as part of her generous divorce settlement.
The trial of Mark A. Ciavarella Jr., a former Pennsylvania judge who has been charged with honest services fraud, wire fraud and tax evasion in connection with receiving $2.6 million in kickbacks from a private juvenile jail facility, resumes today and is grabbing national attention as the case highlights the dangerous gap in the juvenile justice systems of many states - children appearing in court without lawyers.
Sales revenue of Beijing's auto market in 2011 is estimated to drop by 60 billion yuan ($9.1 billion), as the city puts cap on the number of cars bought each month, said a commerce official.
RBC Capital Markets said in its highlights before the Mobile World Congress show that smartphone units may accelerate this year from last year’s 60 percent growth as devices do more and simultaneously move down market for the masses.
Apple is ready to plug any loopholes in its supply chain to avert shortages, as it has placed a $7.8 billion order for key components used in handheld devices from Samsung Electronics Co. for this year.
