Greg Oden, the top draft pick in 2007, bids a comeback with the NBA champions Miami Heat. Greg Oden, the former first round pick of the Portland Trailblazers in 2007, last played in an NBA game in the 2009-2010 season.
Corporations
Don Perignon, other luxury wines invest in rural China
Luxury wine brands said they will be investing in China. Big names in the wine industry such as Chateau Lafite-Rothschild and Dom Perignon announced today that they will pursue investments in China's rural areas.
Japanese businessmen look for opportunity in Myanmar
Japanese executives will attend a meeting in Myanmar to discuss future investment ventures. Representatives from over 20 Japanese companies planned on visiting Myanmar to look for possible business ventures and investment opportunities, according the Union of Myanmar Federation of Chambers of Commerce and Industry or UMFCCI.
Major US companies urge legislators to fight 'patent trolls'
US major firms including Wal-Mart, Google, Morgan Stanley and Dell raised concerns regarding patent trolls and urged legislators to broaden US Patent and Trademark Office's scope of power in reviewing patents.
Obama’s proposal aims to satisfy Republicans and Democrats
US President Barack Obama proposed a plan that would satisfy both Democrats and Republicans alike. On Tuesday, US President Barack Obama proposed a plan called the "grand bargain for middle-class jobs".
Latest News
Two Democratic senators asked FERC chairman Jon Wellinghoff on how the settlement with JPMorgan Ventures Energy Corp was reached.
Analysts in the car industry said they are expecting high car sales for July. As the car industry awaits the sales reports of automakers, analysts said they are expecting a 14% to 16% rise in automobile sales for July.
Ellis Medicine barely passed the positive net income mark in its midyear performance report due to investment income.
Reuters reported that China's private businesses could experience succession problem in the next few years.
Chinese regulators urged local importers of Fonterra's products to recall their contaminated items after the dairy maker warned some infant milk and food products contained botulism-causing bacteria.
The New York Times Co announced that it has agreed to sell the Boston Globe newspaper to John Henry.
The City of Richmond filed a lawsuit against Chevron Corp over a refinery fire that occurred last year.
San Francisco District judge denies class action certification by women filing case against Wal-Mart
San Francisco U.S. District Judge Charles Breyer rejected a motion filed by women workers of Wal-Mart's California offices as a class action lawsuit.
Cisco would purchase Sourcefire for US$2.7 billion and pay US$76 in cash for each share. Cisco Systems recently announced its plan to purchase Sourcefire for US$2.
