Verizon, US's biggest wireless provider, argued in a US Court of Appeals for the District of Colombia that the 2011 rule on net neutrality violated its First Amendment rights.
Industry
China's growth commitment to fuel global economy
Aside from the much talked about Bo Xilai trial, China aimed to turn the country into an innovative consumer driven, high income nation.
Asia’s QE money heads out on a slow-moving train
After the US Federal Reserve announced thw cutting back its bond buying program, investors who had entered Asia last four years ago were set in fears and had started exiting financial markets.
Polls show many people still struggling after recession officially ends
According to two surveys conducted by Gallup Inc, Americans had been struggling to recover financially even after the US recession was finally announced to have officially ended.
Low-wage social contract creates protest from fast-food workers
Thousands of fast food workers organized protests to demand higher wages after US federal minimum wages were said to be almost always without benefits.
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A Reuters analysis report revealed that Brazil could fail its primary surplus target for 2014 which could downgrade its credit rating.
California would soon have one of the highest minimum wages in the US at USD 10 an hour. The minimum wage of California was slated to rise to USD 10 per hour in the next three years.
Two Republican lawmakers questioned the time and resources spent by Securities and Exchange Commission in monitoring private equity funds.
A Reuters report said the growing number of equity issuance this year was a sign of positive growth.
Renowned Middle Eastern scientist Hayat Sindi called for more investments in the field of science and technology to foster inventive spirit and innovation.
Citing sources who were familiar with the matter, the Financial Times reported that Shanghai has approved six foreign hedge funds to raise money from investors within China.
Tax avoidance systems in EU member countries are to be investigated by EU. An investigation is to be conducted by the European Union on Ireland, Luxembourg and the Netherlands for allegations these countries gave multinationals favorable tax deals over and above the EU's anti-competition rules.
Japan was said to be studying the possibility of giving a USD 50 billion economic stimulus package to cushion the possible drag of its planned tax hike, sources told Reuters.
Pandora chief executive Brian McAndrews's first and the most difficult task would be to renegotiate royalty fee payments to the music industry in order to lift the struggling company's finances.
