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Texas AG accuses Google of withholding evidence

June 22, 2012 • BusinessComments Off

FILE – In this July 25, 2011 file photo, Texas Attorney General Greg Abbott talks with the media as he leaves the Tom Green County Courthouse, in San Angelo, Texas. Abbott is accusing Google of improperly withholding evidence sought in an investigation into whether the company has been abusing its dominance of Internet search. (AP [&hellip...

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IMF head warns of 'acute stress' in Europe

June 22, 2012 • BusinessComments Off

Spain’s Economy Minister Luis de Guindos gestures during a news conference at the Ministry of Economy and Competitiveness in Madrid, Spain, Saturday, June 9, 2012. Spain asked for a European rescue of its troubled banks holding an emergency conference...

Lawmaker: Ellison plans no major upset on Lanai

June 22, 2012 • BusinessComments Off

FILE – In this Feb. 23, 2006 file photo David Murdock speaks during a groundbreaking ceremony for the North Carolina Research Campus in Kannapolis, N.C. Murdock who is selling 98 percent of the Hawaiian island of Lanai to Oracle CEO Larry Ellison says...

Moody's cuts credit ratings of 15 major banks

June 22, 2012 • BusinessComments Off

FILE – In this May 11, 2012 file photo, people stand in the lobby of JPMorgan Chase headquarters in New York. Moody’s Investors Service on Thursday, June 21, 2012 lowered the credit ratings of 15 the world’s largest banks late Thursday,...

Bad reports give Dow its second-worst day of year

June 22, 2012 • BusinessComments Off

Traders work on the floor of the New York Stock Exchange, Thursday, June 21, 2012 in New York. A quiet start on Wall Street quickly turned into a rout Thursday as the bad news piled up including the Philadelphia branch of the Federal Reserve reporting a sharp...

Ex-Stanford executive pleads guilty to obstruction

June 22, 2012 • BusinessComments Off

FILE – In this June 25, 2009, file photo, Laura Pendergest-Holt, former chief investment officer for Stanford Financial Services, arrives at the federal courthouse in Houston. Pendergest-Holt pleaded guilty Thursday, June 21, 2012, for her role in...

Samsung, LG bet on new display to revive TV sales

June 21, 2012 • BusinessComments Off

In this Tuesday, June 19, 2012 photo, visitors watch Samsung Electronics Co.’s 3D television in a showroom at Samsung Electronics Co. headquarters in Seoul, South Korea. South Korean TV manufacturers are making billion dollar bets on a new display...

Regulators delay decision on nuclear plant probe

June 21, 2012 • BusinessComments Off

FILE – A March 1, 2010 file photo, shows the San Onofre nuclear power plant in north San Diego County, Calif. Federal regulators say design flaws appear to be the cause of excessive wear in tubing that carries radioactive water through the San Onofre...

Boston Market's summer deals aim to draw customers

June 21, 2012 • BusinessComments Off

A Boston Market is pictured in Denver, Colo., on Wednesday, June 20, 2012. Boston Market Corp. plans a string of summer deals and giveaways to lure customers, especially younger ones. (AP Photo/Ed Andrieski) DENVER (AP) — Boston Market Corp. plans a string...

Jury convicts Ind. financier in $200M fraud scheme

June 21, 2012 • BusinessComments Off

Tim Dunham is seen in a Sept. 15, 2004 photo in Indianapolis. Durham’s trial on charges that he bilked investors out of more than $200 million opened Monday, June 11, 2012 in Indianapolis, with his attorney telling jurors that prosecutors were...