BB&T Corp lost a USD 772 million tax refund case against the IRS. Financial holding firm BB&T Corp lost a USD 772 million tax shelter case with the US Internal Revenue Service (IRS).
North America
Shortage of iPhone 5S concerns mobile networks
Mobile networks expressed concerns over the shortage of Apple's iPhone 5S. Mobile networks were concerned about the shortage of Apple's newest iPhone 5S.
Senator questions privacy of Apple's iPhone 5S fingerprint technology
Senator Al Franken wrote a letter to Apple's Head Tim Cook to raise concerns about the fingerprint scanning technology of the iPhone 5S.
Oracle Team USA needs to win next six races to retain America's Cup trophy
Oracle Team USA would need to triumph over Team New Zealand in the next six races to defend their America's Cup title.
Oracle Team USA keeps America's Cup victory in sight
The Oracle Team USA funded by billionaire Larry Ellison remained in the running for America's Cup after Team New Zealand failed to win the Cup on Friday.
Latest News
A Reuters/Ipsos polled showed Americans still harbored grudges against Wall Street five years after the fall of Lehman Brothers.
Crescent Real Estate Holdings sold the properties it had bought in 2009 to ride the real estate market recovery.
Long lines at Apple stores around the world signal record-breaking opening weekend sales for new iPhone handsets.
The US government inked a USD 4 billion missile defense contract with Lockheed Martin. Pentagon announced that it had finalized a deal with weapons contractor Lockheed Martin to provide more missile defense equipment to the US and the UAE.
Blackstone paid Crescent Real Estate USD347 million for Hughes Center complex. One of the largest office owners in the United States, the Blackstone Group, recently purchased another property, specifically the Hughes Center complex located in Las Vegas, NV.
The Federal Trade Commission stamps seal of approval for the acquisition of Arbitron, the radio audience measuring firm, by Nielsen, the television measuring giant.
The Commodities Futures Trading Commission had announced the approval of the applications to operate swap execution facilities for TruEX Group LLC and IntercontinentalExchange Inc.
JP Liquids LLC announced the acquisition of Highway Pipeline Inc's assets through an agreement recently formalized.
Due to the lack of competitive offers, Starboard Value throws its support behind Shanghui's bid for the takeover of Smithfield.
