The Florida Office of Financial Regulation closed down the First Community Bank of Southwest Florida in Fort Myers.
Legal & Regulatory
Veto of Apple verdict to upend patent war
Obama administration's ruling that overturned the global trade decision against Apple promised to upend the battles on patent.
Chinese watchdog announced recall of BMW vehicles
The General Administration of Quality Supervision, Inspection and Quarantine announced that BMW Brilliance Automotive Ltd will recall 143,215 vehicles for electric power steering system problems.
Obama's reprieve can aid Apple's sales, hurt Samsung
Analysts said that US President Barack Obama's ruling could aid the sales of Apple and could be Samsung's setback.
Employee discrimination suit against Wal-Mart dismissed
An class action suit on employee discrimination filed against Wal-Mart was dismissed by a federal court judge.
Latest News
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.
A document seen by Reuters showed that Italian prosecutors are investigating JPMorgan in relation to their probe of Monte dei Paschi.
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".
The Securities and Exchange Commission launched an investigation against Gulf Coast Funds Management's investment program.
IBM Corp disclosed that the SEC is probing how the revenues of their cloud computing business is generated.
Former NCAA athletes scored a win against Electronic Arts as a federal appeals court rule rejected the company's attempt to quash their case for unauthorized use of images in the latter's video games.
Raven Symone, one of the richest black celebrities in the United States under 40, recently shared her thoughts on gay marriage, leading many to confirm her sexual orientation.
The SEC's new rule on sales of securities will allow starting companies and venture capitalists to gain more funds.
Chinese organizations accused Apple Inc's supplier Foxconn and Taiwanese supplier UniMicron Technology Corp of environmental violations.
