Articles by Oliver Tree

31-60 (out of 472)

Groupon Backers Desert Daily Deal Site

Internet finance mogul Marc Andreessen, who invested $40 in the company months before it went public last November, has cashed out, while investors Fidelity and Maverick Capital have sold a large portion of their shares.

Gu Kailai Escapes Death Sentence for Heywood Murder

The death penalty, with a two-year reprieve, usually equates to a life sentence in China. Under the terms of the sentence, Gu will be spared execution if she does not commit any further crimes in the next two years.

Hold Onto Your Digital Wallets! Google Mobile Payments Faces New Challenger

Wal-Mart Stores Inc [WMT], Target Corp. [TGT], 7-Eleven Inc., and Sunoco Inc. [SUN] are poised to announce their rival to the Google Wallet payment system, which launched on Android powered phones last year, the Wall Street Journal revealed. When it does launch, MCX will join the multi-billion dollar race to develop mobile phone payment systems, which propose to do away with cash and card transactions.

Is The Sun Setting on China's Solar Industry?

Some of the China's largest solar manufacturers are facing huge debt liabilities, and one of them, Suntech Power Holdings [STP.N], is potentially on the hook for hundreds of millions of dollars after it disclosed potential fraud by a partner.

Goldman Sachs Wins! Feds 'Quietly' Drop Key Financial Crisis Case

The Justice Dept. said there was "not a viable basis to bring a criminal prosecution" against Goldman Sachs, quietly ending a yearlong investigation into allegations the firm bet against the same subprime mortgage-backed securities that it also sold to its clients.