SEC

Apple’s $350M AuthenTec Deal Could Trigger Samsung Counteroffer

Nearly two weeks after AuthenTec Inc. (Nasdaq: AUTH) advised the U.S. Securities and Exchange Commission it had agreed to be acquired by Apple (Nasdaq: AAPL), the world's most valuable technology company, for $350 million, Apple still hasn’t made an announcement nor filed its own SEC report.

Pfizer Settles Government Bribery Complaints

Pfizer, BYU Go To Court In May, Celebrex and Millions Of Dollars At Stake
Among the charges: Pfizer's China subsidiary was accused of offering a program where doctors could claim cell phones and other goodies based on how many prescriptions they doled out of the company's products.
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Zynga

Zynga Strips COO And Veteran Game Developer John Schappert Of Creative Duties

Zynga is planning a dramatic internal restructuring following last week's poor financial performance that includes stripping the current COO of his product oversight responsibilities, according to sources within the company. But will this actually help the company recoup some of its losses?
Federal Reserve Bank of New York President William C. Dudley pauses as he talks with a small business owner at the Brooklyn Chamber of Commerce in New York

NY Fed Urges 'Capital Control' Of Money Market Funds

The Federal Reserve Bank of New York is proposing that money market managers be empowered to hold back depositors' money for 30 days in the event of a run on funds. The controversial proposal is being called by critics a kind of capital control.
Bankers Outside Citigroup

US Regultors Probing Into The Escalating Libor Scandal

Taking inspiration from global regulatory investigations into the interest rate manipulation, the U.S. is now building strong evidence of criminal wrongdoings against big banks and individuals ensnared in the heart of the scam.
Karl Rove

Bain Controversy Dominates Sunday Talk Shows

Rahm Emanuel and Karl Rove somehow agree on what the Romney campaign needs to do. Meanwhile, chief Romney campaign strategist Ed Gillespie ignores both of them.
Jobs bill could harm small businesses

US Small-Business Owners Go Without Pay; UK Helps Its Entrepreneurs

While American politicians such as U.S. Sen. Kirsten Gillibrand, D-N.Y., are pushing to expand federal tax breaks for small businesses, the U.K. government has already announced a move to help early-stage businesses find new means of financing: tax relief for private investors.
International Business Times Logo

NYSE Gets OK To Compete Directly With 'Dark Pools'

The owner of the New York Stock Exchange, whose share of trading in companies it lists has fallen in the last nine years to below 25 percent from 82 percent, received approval from U.S. regulators to offer similar services to rivals who are taking its customers.
JP Morgan Chairman Jamie Dimon

After Barclays' Diamond Falls, Could Chase's Dimon Be Next?

CEO Robert Diamond's ouster from Barclays (NYSE: BCS) raises questions about whether Wall Street's doyen, Jame Dimon, CEO of JPMorgan Chase (NYSE: JPM), might be next to go, especially as his bank's problems mount.
 Ford to invest $400 mln in Kansas plant, create 3,750 jobs

Losses in Europe, Growth in US - Time For Ford To Leave Europe?

Ford Motor Company (NYSE: F) must be asking itself when the European automotive market becomes too toxic as sales in the region slump, the euro zone teeters on the brink of disaster and carmaker predicts European losses of close to $600 million in the second quarter.
International Business Times Logo

Top Post-Market Nasdaq Movers (Flow International, Halozyme, Heartland, Array, CalAmp, Synta, Splunk, Grand Canyon Education, Synageva BioPharma, Seagate)

The top after-market Nasdaq gainers Wednesday were Flow International Corporation, Halozyme Therapeutics Inc, Heartland Express Inc, Array BioPharma Inc and CalAmp Corp Inc. The top after-market Nasdaq losers were: Synta Pharmaceuticals Corp, Splunk Inc, Grand Canyon Education Inc, Synageva BioPharma Corp and Seagate Technology.

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