Romney surrogates love to say Obama has less private sector experience than a kid running a lemonade stand. That is not true.
The receiver who was handed control of Paul Burks' company Rex Venture Group and ZeekRewards following its forced closure by the SEC told reporters that trying to following the money collected through hundreds of thousands of Zeek affliates has been like "drinking from a firehose."
ZeekRewards, Rex Venture Group and its founder, accused in an alleged Ponzi scheme, now face a federal lawsuit brought by former "affiliates."
The U.S. Department of Labor (DOL) is set to adapt a tougher visa regime that makes getting H-1B nonimmigrant visas harder for the U.S. companies. Once implemented, the DOL decision will hurt several companies that hire cheap and skilled workers from countries like India and China.
A lawsuit filed in San Francisco federal court Monday alleges that Marriott International, Hilton Hotels, Sheraton Hotels & Resorts and others conspired to use their market dominance to fix hotel prices with travel websites like Expedia, Travelocity and Booking.com, a subsidiary of Priceline.com.
In Cook County, there are now four pending lawsuits filed by employees of a suburban Chicago Heights bakery who claims that they were deprived of chance to buy into a pool of lottery tickets that won the grand prize of $118 million.
New York City mayor Michael Bloomberg's proposal to ban sales of large soda drinks drew swift criticism from beverage makers and retailers, who say consumers should be able to make their own decisions.
Shares of Facebook (Nasdaq: FB), the No. 1 social network, fell again Wednesday, giving back their early gains from Tuesday?s record-low close of $28.84.
The global headquarters of Dewey & LaBoeuf LLP, a glass-sheathed office tower in midtown Manhattan, has a commanding view of a stretch of Sixth Avenue looking downtown. A pair of statues, designed by artist Jim Dine, rise from the plaza of the stately office, overlooking Rockefeller Center. But now, it will be the law firm's ornate tomb, a reminder of its glory days.
Among the companies whose shares are moving in pre-market trading Wednesday are: Ares Capital Corp, Alcatel Lucent, FreightCar America, Jive Software, Dell Inc, Renren Inc, BlackRock, Alcoa and Facebook Inc.
Publisher Houghton Mifflin Harcourt filed for Chapter 11 bankruptcy protection Monday to restructure $3.1 billion in debt and reduce annual interest costs by around $250 million.
Robert Downey Jr. may have said working on The Avengers couldn't have gone any better, but little did he know that his payday would be the sweetest part, with rumors circulating that his check could exceed $50 million.
Along with an announcement from major TV networks that a large amount of primetime shows will be cancelled for the fall season, CBS announced its lineup schedule for 2012-2013, which includes Two And A Half Men, The Big Bang Theory and The Mentalist. The network will also add six new series despite mass cancellations of primetime programs.
U.S. Securities and Exchange Commission investigators are probably in the process of drafting subpoenas against JPMorgan Chase & Co. (NYSE: JPM), if they have not already filed them, regarding the bank's loss of $2 billion through proprietary trading, said ex-SEC New York Regional assistant director Joseph Dever.
An image of missing British girl Madeleine McCann was used to sell online vouchers for discounted vacations in Portugal, the country where she went missing more than five years ago.
On May Day, the New York Police Department arrested twelve demonstrators from Occupy Wall Street -- part of a larger group of 86 people taken in that day -- for refusing to disperse from a gathering that was underway inside a city park. The problem: the demonstrators were not in a park at all when they were detained.
Wynn Resorts, Limited (Nasdaq: WYNN) received approval to begin breaking ground at its 51-acre casino sight on Macau's Cotai strip, an approval that has been in limbo since March, the company said Wednesday.
Sprint Nextel Corp., which is the third-biggest mobile service provider in the U.S., has been sued by the state of New York for allegedly not collecting or paying millions of dollars in taxes. Though Sprint denies these accusations, the company stands to pay more than $300 million if the claims are proven true.
George Zimmerman's bond hearing is set for Friday. What can you expect to happen during the court appearance?
Gu Kailai and Bo Xilai, an elite power couple in China, are at the center of a shocking political scandal involving the death of a British national.
Marc Dreier accepts his punishment, but will he ever really understand what he did wrong?
Rupert Murdoch's Times of London is facing a claim for exemplary damages after admitting hacking into the email of an anonymous police blogger to expose his identity, lawyer Mark Lewis told Reuters on Friday.