Despite objections by the government, Solyndra, the California-based solar panel manufacturer that went bust in August 2011 after receiving $528 million in federal loan guarantees, received approval Monday to go ahead with its bankruptcy plan, Reuters reported.
Articles by Eileen Elliott
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A study examining the causes of the 2011 earthquake in Spain's agricultural city of Lorca, shows that years of drilling and pumping water from an underground reservoir may have triggered the 5.1 magnitude event. The May 11, 2011 quake was Spain's worst in 50 years, claiming nine lives and costing the country billions of euros in damage.
The world's largest genealogy website, Ancestry.com, has entered a merger agreement valued at $1.6 billion in a deal led by the European private equity firm Permira funds, and co-investors, the company announced Monday in a press release posted on its website.
Those-in-the-know are now saying that the eagerly anticipated iPad "Mini" will be released on Nov. 2.
An admission that he had an affair with a patient back in 2000 and encouraged her to have an abortion may have dealt a deathblow to the campaign of Tennessee Tea Party Republican Congressman Scott DesJarlais.
The nationwide meningitis outbreak linked to a contaminated injectible steroid made by the New England Compounding Center has stalled the sale of an Illinois drug compounding company, the private equity backed Pharmedium Healthcare Corp., Dow Jones’ LBO Wire reported last week.
Rapid penetration of the mobile market is playing an increasingly critical role in an e-commerce company’s success, as more consumers shift to online shopping and to shopping using their mobile devices.
In an effort to make the retail giant feel their pain, Walmart workers have threatened to strike on Black Friday, the busiest shopping day of the year, if their demands for better working conditions, wages and benefits are not met.
An Indian lawmaker has filed a complaint with the government claiming that Walmart illegally invested in a local supermarket chain in violation of rules restricting direct foreign investment in the retail industry. Regulators have begun an informal inquiry into the matter, according to an article in Friday's New York Times.
A 52-foot talking cowboy statute that for 60 years has welcomed visitors to the fair, with a hearty "Howdy Folks" went up in flames today, as reported by The Dallas Morning News.
Two days after the evangelical magazine World accused conservative commentator Dinesh D'Souza of having an affair, he resigned from his position as president of The King's College, though he denies the affair.
Consumers' growing love of mobile devices has created growing difficulties for technology companies as they seek to reach their audiences through advertising on smartphones and tablets.
Traffic Low for Online Video Chat Service 'Airtime' Despite Top Firms' Backing, According to AppData
Despite a splashy, star-studded coming out party in June and funding from celebrities and big name venture capital firms, the video chat start-up Airtime appears to be struggling, based on information published in The New York Times today. "So far its traffic appears to be little more than a trickle," reporter Jenna Wortham wrote.
The Boy Scouts of America released over 15,000 pages of records yesterday detailing 20 years of sexual abuse complaints directed at 1,247 scout leaders. The organization fought the courts in an attempt to keep the records, which span 20 years from 1965 to 1985, confidential. Names and addresses of the victims, who number in the thousands, were redacted from the documents.
he Dutch star of the 1974 erotic hit sensation "Emmanuelle" passed away in her sleep Wednesday night at age 60, according to a statement made by her agent, Features Creative Management, the Associated Press reported Thursday.
Waltham, Massachusetts-based electric car battery manufacturer A123 Systems Inc. filed for Chapter 11 bankruptcy protection Tuesday, The Wall Street Journal reported. The company's collapse has been called a setback for the Obama administration's efforts to foster a domestic market for electric vehicles running on U.S.-built batteries.
Today's Gallup numbers show Mitt Romney pushing ahead of President Obama by seven points, based on "likely voters."
Watch out Amazon and Tmall! Starting today, China's largest online retailer, 360buy.com, is launching its international shopping site to sell directly to overseas buyers, Reuters reported.
The Boy Scouts of America will release 20 years of files today naming 1,200 scout leaders and volunteers accused of sexual abuse between the years 1965 and 1985, and providing details of the allegations, The Daily News reported. Names of the victims will not be released, in the so-called "perversion files."
President Barack Obama has made a comeback, according to a CNN/ORC international poll of 457 voters who watched the nationally televised presidential debate on Tuesday, as reported by Bloomberg News.
Goldman Sachs reported a strong third quarter this year, more than doubling its revenue to $8.35 billion, from $3.59 billion last year, exceeding the expectations of Wall Street analysts, The New York Times reported Wednesday.
A 96 year-old farmer in India claims to be the world's oldest dad, twice over. Ramjit Raghav, a 96 year-old farmer in India, credits his healthy lifestyle as a vegetarian teetotaler and a healthy sex drive, for his status as the world's oldest father, according to The Times of India.
New home construction in the U.S. jumped in September to its highest level in four years, reported Bloomberg Businessweek, based on Commerce Department data released Wednesday.
In a 35-page complaint filed by the Securities and Exchange Commission on Wednesday, the agency accuses Jersey City, N.J.-based hedge fund Yorkville Advisors of misrepresenting the value of its assets and lying about performance, The New York Times reported.
Citigroup Inc. announced on Tuesday that CEO Vikram Pandit, 55, who has held the post since the eve of the financial crisis in 2008, is stepping down.
Kennebunk police have now disclosed the names and addresses of the first 21 defendants in the Maine Zumba prostitution scandal, the Portland Press Herald reported.
After months of negotiations, Australia's Nine Entertainment television network, one of the country's biggest and best known, has agreed to swap more than $3 billion in debt for equity, Reuters reported Wednesday.
The rumored Apple media event scheduled for Oct. 23 is real, according to a Reuters report today. Although an Apple spokeswoman is still being tight-lipped about the agenda, the expectation is that the event will launch, or at least confirm, the existence of a smaller, less expensive version of the iPad.
Trey Parker and Matt Stone, creators of the popular, successful and irreverent South Park animated television series are being sued by a man who says they stole the King Lollipop character from him, The Wrap reported on Monday.
Carlyle is planning the acquisition of a regional franchise as a tuck-in, or bolt-on acquisition for its Alamar food business in Saudi Arabia, which it bought a 43 percent stake in in December, and it is currently in the due diligence phase.