James Murdoch’s resignation as chairman of British satellite giant BSkyB is just the latest development in a slow-moving saga that continues to roil one of the most powerful media companies in the world. Now, ahead of a …
As Facebook prepares for the most widely-anticipated IPO in nearly a decade, the social networking phenom certainly seems to have nailed its timing. The first quarter of 2012 saw the strongest IPO market since 2007, according to …
It’s been a rough couple of weeks for Wall Street giant Goldman Sachs. Still, it’s hard to imagine a more embarrassing public relations fiasco than being connected with child sex trafficking — even indirectly. But that’s exactly …
What is it with daily-deals website Groupon and accounting? The latest snafu came Friday when the company restated earnings to reflect a larger fourth-quarter loss after failing to set aside enough money to account for customer …
After months of growing scrutiny over its labor practices, Apple has agreed to implement reforms following an independent audit that discovered major violations in the sprawling Chinese factories that produce iPhones and iPads. …
Lawmakers investigating the spectacular collapse of MF Global hit a brick wall Wednesday when none of the company executives called to testify appeared to know anything about what went wrong at the firm, or the whereabouts of …
Tim Tebow has only been a New York Jet for one week, but he’s already the subject of a legal battle between two of the most powerful names in the sports business world. Nike filed a lawsuit against Reebok on Tuesday accusing its …
Federal Reserve Chairman Ben Bernanke said Tuesday that U.S. government intervention during the financial crisis prevented a “total meltdown” in the U.S. economy that could have rivaled the Great Depression. In the third of four …
Apple’s new iPad, which is currently for sale in over 30 countries worldwide, has been an immediate hit — the company sold over 3 million units in the first weekend. But there is one very large and conspicuous market where the …
Social networking giant Facebook hopes to finally put an end to a bizarre lawsuit filed by an upstate New York former wood-pellet salesman who claims he owns half of the tech phenom. In a motion to dismiss the case Monday, …
The U.S. economy needs to grow faster to maintain job market momentum, Federal Reserve Chairman Ben Bernanke said in a speech Monday; as a result, the Fed will continue its low-interest rate policy, hoping to spur consumer demand …
Last December, Jon Corzine appeared before a congressional committee investigating the spectacular collapse of MF Global, the financial broker that had gone bankrupt five weeks earlier, leaving $1.6 billion in client funds …
