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NEW YORK (AP) - Bernard Madoff's brother, sons and a niece used the family finance business like a piggy bank, a court-appointed trustee charged Friday as he demanded in a lawsuit that they return almost $200 million that fueled their lavish lifestyle at the expense of investors.
SAN FRANCISCO: European antitrust regulators have formally objected to Sun Microsystems Inc.'s planned $7.4 billion sale to Oracle Corp., escalating a battle over a deal that has already been cleared in the U.S.
SAN FRANCISCO: Oracle Corp. said Thursday that its profit jumped 12.5 percent in the latest quarter and that it expects the European Union will finally approve its US$7.4 billion purchase of Sun Microsystems Inc. next month.
IN a downturn, the likelihood of fraud increases and financial integrity concerns are more frequently uncovered.
ST. LOUIS (AP): A legal ruling says contracts give Monsanto the right to stop rival DuPont from selling genetically modified soybeans created with Monsanto's technology, but leaves open DuPont's challenge of the restrictions on antitrust grounds.
SYDNEY: Rio Tinto said Tuesday has completed the sale for almost $2 billion of some divisions of its Alcan business to Amcor - taking another step toward cutting its debt load.