Industry
India's INS Sindhurakshak sub explodes
India's INS Sindhurakshak exploded in Mumbai, killing up to 18 sailors trapped inside. India's Russian-made naval submarine exploded while moored in Mumbai.
Tata Steel 2013 stock is at 130%, now is the time for exit: broker
India's biggest producer Tata Steel is looking for a comeback with a 30% rise in share price this year, prompting an industry observer to suggest that investors sell their Tata stake now.
CBS - Time Warner dispute had gov't, regulators intervene
As the dispute over terms of the retransmission contract between CBS and Time Warner Cable rages on, government representatives and federal regulators are considering to take action to end the dispute at the soonest possible time.
Ally's ResCap can still be sued even though bankrupt
Judge Denise Cote ruled that Ally's Residential Capital LLC (ResCap) can still be sued by the Federal Housing Finance Agency despite declaring bankruptcy.