PokerStars, the largest online poker card room in the world, has agreed to a $731 million settlement in their money-laundering case with the U.S. Department of Justice. The settlement reportedly includes reimbursement for some customers whose funds were frozen when the company was seized and shut down by the U.S. Attorney's Office in 2011.
Carey Vanderborg
Jul 31, 2012
Accretive Health, Arkansas Best Corp, Nokia Corp, Liquidity Services, General Mills, Dendreon Corp, OCZ Technology Group, Nova Measuring Instruments and Seagate Technology are among the companies whose shares are moving in premarket trading Tuesday.
Satya Nagendra Padala
Jul 31, 2012
The hefty $7.25 billion settlement that Visa and MasterCard have agreed to, in response to a 2005 class action lawsuit over credit card swipe fees, will disadvantage retailers further and restrict consumer spending in an economy that relies heavily on credit card use and personal expenditure.
Nish Amarnath
Jul 29, 2012
Tanks and helicopters pounded a rebel stronghold in the Syrian city of Aleppo Saturday, signaling the start of a government offensive, as the opposition and international envoy Kofi Annan warned the international community of dire consequences.
Amrutha Gayathri
Jul 29, 2012
Wal-Mart, in a bid to protect consumers, said it was not happy with the proposed $7.25 billion retailers' settlement with Visa Inc., and MasterCard Inc., over interchange and processing fees to cover credit and debit card payments.
Nish Amarnath
Jul 24, 2012
U.S. companies have been finding it much easier to deliver earnings beats, or profits that are higher than expected, as analysts on Wall Street continue to trim their forecasts for earnings growth. However, they might have also come to realize that beating earnings expectations alone is not enough to help their stock prices.
Moran Zhang
Jul 24, 2012
Traders piled into a frothy rally in the natural gas markets Tuesday, sending the price of the energy commodity to 2012 highs and seemingly hoping to turn a quick profit with a highly volatile trade before the market's momentum shifts.
Eleazar David Meléndez
Jul 24, 2012
The Arab League has offered a safe exit for Syrian President Bashar al-Assad and his family if he quickly resigns and leaves the country, in the latest attempt from the international community to end 17 months of bloodshed in Syria.
Amrutha Gayathri
Jul 23, 2012
Tom Cruise is lashing out via his attorney, Bert Fields, yet again. TMZ reports that Fields is outraged over Life & Style's latest cover story, which alleges that Cruise has neglected his 6-year-old daughter, Suri.
Justine Ashley Costanza
Jul 19, 2012
Unfortunately it's not a rare occurrence with celebrities, but professional WWE wrestler John Cena announced that he was getting a divorce from his wife Elizabeth Huberdeau back in May . Their divorce has been played out in the media as an all-out war, as MSN reported, but the two have now amicably settled.
Maria Vultaggio
Jul 18, 2012
On Wednesday, opposition leader Shaul Mofaz called to end the polticial circus over whether, or when, ultra-Orthodox and Arab Israelis must serve in the military.
Angelo Young
Jul 18, 2012
During her last visit in Israel as Secretary of State, Hillary Clinton talked about Egypt but really thought about Iran. And made scant mention of the Palestinians, nowhere near as pressing an issue for America as the Arab Spring
Meredith Mandell
Jul 17, 2012
The South China Sea has become Asia's most dangerous flashpoint of conflict. The settlement of the South China Sea dispute will involve compromise and an appreciation of the relative power of the countries involved, says Jeffery Atik, law faculty member at the Loyola law School, Los Angeles.
Bhaskar Prasad
Jul 17, 2012
JPMorgan receives another blow even as it flounders in the midst of a FERC power market manipulation probe and talks with U.S. regulators for its alleged involvement in rigging key benchmark interest rates.
Nish Amarnath
Jul 16, 2012
Johnson & Johnson (NYSE: JNJ), the world's second-biggest health care company, is expected to report higher second-quarter profit as strong performance of new drugs help mitigate drags from generic competition and strings of recalls.
Moran Zhang
Jul 16, 2012
U.S. Secretary of State Hillary Clinton arrived in Israel late Sunday for high-level talks with Israeli officials focusing on the course of political action in Egypt, Iran's alleged clandestine nuclear program and the stalled Israeli-Palestinian peace process.
Amrutha Gayathri
Jul 16, 2012
The settlement, which lawyers are calling the largest antitrust settlement in U.S. history, would resolve dozens of lawsuits filed by retailers in 2005 that accused the card companies of fixing fees for processing credit and debit card payments and prohibiting stores from steering their customers to cheaper forms of payment.
Oliver Tree
Jul 14, 2012
The top after-market NYSE gainers Friday were Saks Inc, MasterCard, EXCO Resources, Visa and Yanzhou Coal Mining. The top after-market NYSE losers were New York & Co, Omega Healthcare Investors, Bonanza Creek Energy, VimpelCom and Accuride Corp.
Satya Nagendra Padala
Jul 14, 2012
Emails and phone communications released by the Federal Reserve on Friday show that an economist with the central bank who was told as August 2007 that one of the world's most important interest rates was being manipulated did not understand that rate.
Eleazar David Meléndez
Jul 13, 2012
Within days of reaching an amicable divorce settlement with Katie Holmes, Tom Cruise again seems to be hitting the headlines for all the wrong reasons.
Valli Meenakshi Ramanathan
Jul 13, 2012
Usher wants to settle with his ex-wife, Tameka Foster, in wake of her son's jet ski tragedy but the former Ms. Raymond might not be interested in a quick settlement, TMZ learned. According to the gossip site Usher doesn't want to fight anymore and is ready to end is lengthy child custody/support war as a result of his stepson Kyle Glover being pronounced brain dead.
Maria Vultaggio
Jul 12, 2012
After their arrival on the North American continent, the people continued to migrate southward along the coast, with smaller groups periodically moving off on their own.
Palash Ghosh
Jul 12, 2012