Michael Jackson’s will is bound to be as bizarre as the rest of the singer’s turbulent life. But one thing is for sure, the arguments over his deeply flawed financial legacy will keep lawyers busy for years.
Top of the list will be sorting out Jackson’s sell-out comeback tour, which was due to kick off next [...]
BEIJING (AP) — Global business groups have made an unusual direct appeal to Chinese Premier Wen Jiabao to scrap an order for PC makers to supply controversial Internet filtering software, citing security and privacy concerns.
Just days before the deadline to comply with China’s order, the letter from 22 chambers of commerce and trade groups representing [...]
NEW YORK (AP) — Bernard Madoff would be stripped of all his possessions under a $171 billion forfeiture order handed down only days before prosecutors seek to put the disgraced financier away in prison for the rest of his life.
U.S. District Judge Denny Chin entered the preliminary order Friday, ruling that Madoff must give up [...]
New York : Warren Buffett said on Wednesday that the US economy has “no bounce” and will take time to recover, but there is no risk of deflation to push it further into despair.
Speaking on ‘CNBC’ television, the world’s second-richest person also praised efforts by the Obama administration and Federal Reserve to jump-start economic activity.
He [...]
Mumbai: The Bombay Stock Exchange benchmark Sensex surged over 419 points on Friday on frantic buying as investors took cues from higher Asian and European peers and built positions after the market had fallen 7.2 per cent over the past two weeks.
The Sensex, which commenced the day higher, spurted by 419.02 or 2.92 per cent [...]