A Watergate-era law banning U.S.-based companies from bribing public officials has seen new life in the Obama administration, and the U.S. Chamber of Commerce says corporations need guidance.
Dan Rivoli
Feb 21, 2012
After two deadlocked juries and three acquittals, the Department of Justice wants to drop a foreign bribery case launched after a Las Vegas sting operation netted 22 businessmen.
Dan Rivoli
Feb 21, 2012
Glenn Mangham, a 26-year-old software development student from Cornlands Road, York in Great Britain, was sentenced to eight months in jail after he admitted hacking into Facebook from his bedroom in his parents' house between April and May 2011.
Dave Smith
Feb 20, 2012
Japanese conglomerate Mitsui MOEX Offshore will pay $90 million for the BP Gulf Oil Spill of 2010 in what is the first settlement ahead of the liabilities trial expected to start in 10 days.
Pierre Bertrand
Feb 17, 2012
President Barack Obama was characteristically reticent on the issue of gay marriage.
Jeremy White
Feb 14, 2012
Wynn Resorts Chief Executive Officer Steve Wynn played down a U.S. regulatory inquiry into a company donation at the heart of a bitter legal battle embroiling his $15 billion casino empire, hitting back at his largest shareholder and accuser in a memo to employees.
IBT Staff Reporter
Feb 14, 2012
The Dallas-based company will now charge $36 to upgrade a phone compared to $18 previously.
IBT Staff Reporter
Feb 13, 2012
The U.S. Department of Justice is expected to approve of the transaction as early as this week.
IBT Staff Reporter
Feb 13, 2012
Sprint CEO Dan Hesse said his company might benefit from the collapse of the AT&T bid for T-Mobile USA.
IBT Staff Reporter
Feb 10, 2012
The Justice Department will approve Google's $12.5 billion bid to acquire Motorola Mobility Holdings Inc, according to sources close to the antitrust review.
keep for now
Feb 10, 2012
When commodities brokerage MF Global imploded, the FBI and federal prosecutors were quick to launch an investigation to pursue what seemed obvious to outspoken regulators and lawmakers: laws were broken and crimes were committed.
IBT Staff Reporter
Feb 09, 2012
Officials Thursday detailed a nationwide settlement with five large banks over foreclosure practices. Negotiators defended the deal as a way to give immediate relief to homeowners and victims of foreclosure abuses.
Dan Rivoli
Feb 09, 2012
Furthermore, the department likely will approve a consortium led by Apple and Microsoft to purchase Nortel Networks patents for $4.5 billion.
IBT Staff Reporter
Feb 09, 2012
Bradley Manning has been nominated for the Nobel Peace Prize by Icelandic MP Birgitta Jónsdóttir for his contribution to WikiLeaks.
Stephen Smith
Feb 07, 2012
The Food Marketing Institute, which represents large grocery chains such as Kroger, Safeway and Walmart, recently sent a letter to Federal Trade Commission Chairman Jon Leibowitz expressing concern about the deal.
IBT Staff Reporter
Feb 06, 2012
Google has hired a senior director at Apple to work on company’s top secret project, according to the latest report.
Bhaskar Prasad
Feb 05, 2012
Nasdaq OMX Group Inc.'s core profit topped analysts' expectations for the fourth quarter, boosted by a rise in revenue from market data and technology, which helped offset a soft trading environment.
IBT Staff Reporter
Feb 03, 2012
The lawsuit accuses banks of creating a registry service that fails to accurately track mortgage ownership and lacks any legal authority to initiate foreclosures.
Dan Rivoli
Feb 03, 2012
The Osama Bin Laden death photos may be released to the public after all, after a Department of Justice ruling raised the possibility that portions of images or video of the al-Qaeda leader could be disclosed without core harm to national security.
Amir Khan
Feb 02, 2012
European Union regulators have blocked the merger of exchange operators Deutsche Boerse and NYSE Euronext to avoid giving them a stranglehold on the European futures market.
IBT Staff Reporter
Feb 01, 2012
What effects will SOPA and ACTA have on social media censorship, when even Twitter is named as a violator of copyright law?
Dale W. Eisinger
Jan 31, 2012
The user data of Megaupload, one of the world's leading file-sharing Web sites before it was shut down, won't be deleted at least for two weeks from now.
Wendy Li
Jan 31, 2012
