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Texas A&M to SEC: Baylor's Move is Desperate, but Right

The SEC announced on Wednesday that its schools had voted to accept Texas A&M, but couldn't officially accept the school until an unnamed Big 12 school dropped a pending lawsuit against the conference.
Groupon founder and CEO Mason

Groupon's Daily Deal: Not as Great Today as It Was Yesterday

News that daily social network coupon company Groupon has reportedly canceled a roadshow scheduled for next week in advance of a planned IPO and is reevaluating plans to take the company's stock public is not that big of a surprise. After all, CEO Andrew Mason has been hailed for being a young genius but sooner or later one had to figure inexperience might catch up with him and the company.
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Silvercorp Denies Fraud Allegations

The largest silver producer in China says it is being accused of accounting fraud by an anonymous party who admits to placing financial bets that the Vancouver-based company's shares will fall.
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U.S. Probes Oracle on African Deals: Report

U.S. authorities are investigating whether business software maker Oracle Corp.'s deals in Africa violated federal anti-bribery laws, the Wall Street Journal reported, citing sources familiar with the matter.

Zynga Delays IPO

Social gaming company Zynga is delaying its IPO, according to a report.
Tim Cook - CEO

Apple Locks in New CEO Tim Cook Through 2021

Apple's board of directors has moved to lock in new CEO Tim Cook through mid-2021 by awarding him one million share of company stock. Cook is replacing long-time co-founder and CEO Steve Jobs, who announced his retirement last week. In connection with Mr. Cook's appointment as Chief Executive Officer, the Board awarded Mr. Cook 1,000,000 restricted stock units, Apple said in a filing with the Securities and Exchange Commission (SEC).
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Goldman Faces Myriad Legal Challenges

Conventional wisdom in legal circles has long held that Goldman Sachs (GS.N) might escape further large fines or criminal charges for its role in the 2007-2009 financial crisis after reaching a $550 million settlement with securities regulators in July 2010.

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