Google Site Shows China Searches Blocked Thu, 29 Jul 2010 19:43:03 EDT
A Google website indicated its search engine is largely unavailable to users in mainland China, though some users reported the web search was accessible from Beijing.
Wyly Brothers Face SEC Fraud Charges Thu, 29 Jul 2010 19:44:16 EDT
The SEC filed charges against two brothers, accusing them of reaping more than $550 million in undisclosed gains while sitting on corporate boards by trading stock in those companies through hidden entities in foreign jurisdictions.
Citi Pays for Subprime Feint Thu, 29 Jul 2010 19:50:26 EDT
Citigroup will pay $75 million to settle regulatory charges that it failed to disclose $40 billion in subprime exposure to investors in the second and third quarters of 2007.
Intel Wins Ruling in Antitrust Class-Action Case Thu, 29 Jul 2010 19:10:40 EDT
Intel won a key ruling in a suit against the company on behalf of computer buyers, which found no evidence that consumers have been hurt by the company's discounting practices in the market for computer chips.
Ballmer: Microsoft Working on Better Tablets Thu, 29 Jul 2010 19:00:29 EDT
CEO Ballmer said Microsoft needs to do better in the market for tablet computers that Apple has found success in with the iPad.
Exxon Profit Soars 91% Thu, 29 Jul 2010 16:13:05 EDT
Exxon earnings jumped as the oil giant rebounded from the prior year's weak performance on higher commodities prices and improved refining margins.
Reliance, Universal Studios in Talks on Theme Park in India Thu, 29 Jul 2010 19:44:39 EDT
India's Reliance ADA Group is in talks with Universal Studios, a unit of General Electric, to build a $1.5 billion integrated theme park and resort in India.