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Business 24 Nov 2011 | 12:00 AM

FCC wants hearing on T-Mobile takeover

WASHINGTON: The US Federal Communications Commission (FCC) added its influential voice on Tuesday to those opposing ATT's proposed US$39bil takeover of T-Mobile, the US unit of Deutsche Telekom.

Business 17 Nov 2011 | 12:00 AM

MF Global may return funds, cuts more jobs

NEW YORK (Reuters) - Thousands of former MF Global Holdings Ltd customers may soon recover $520 million of cash held in their accounts even as the bankrupt brokerage lays off more workers.

Business 09 Nov 2011 | 12:00 AM

Microsoft, AOL, Yahoo, strike ad alliance

NEW YORK (Reuters) - Yahoo Inc, Microsoft Corp and AOL Inc have set up an advertising partnership as Google and Facebook's online ad dominance grows.

Business 01 Sep 2011 | 12:00 AM

US Govt sues to block AT&T, T-Mobile merger

WASHINGTON (AP) - The Department of Justice filed suit Wednesday to block ATT's $39 billion deal to buy T-Mobile USA on grounds that it would raise prices for consumers.

Business 16 Jul 2011 | 12:00 AM

Credit Suisse says it is a target of US probe

ZURICH: Swiss bank Credit Suisse is being investigated by the US Department of Justice (DoJ) as part of a broader inquiry into banks suspected of helping Americans evade taxes.

Business 27 Jun 2011 | 12:00 AM

Home Depot accused of violating Buy American Act

SAN FRANCISCO: The photograph on Home Depot's website shows a line of smiling soldiers unloading a truck stacked with power tools and other company wares.

Business 17 May 2011 | 12:00 AM

Nasdaq drops bid for NYSE on DOJ's antitrust move

NEW YORK: Nasdaq and IntercontinentalExchange on Monday withdrew their joint $11 billion bid for the parent of the New York Stock Exchange after the U.S. Department of Justice informed the companies that it would pursue a lawsuit to block the deal.

Business 11 May 2011 | 12:00 AM

Casino execs to make pitch for online poker

WASHINGTON: With millions of people already playing online poker for money, the casino industry is urging Congress to step in and regulate the wagering.

Business 05 May 2011 | 12:00 AM

Las Vegas Sands takes hit in S’pore, shares drop

LOS ANGELES: Billionaire Sheldon Adelson's Las Vegas Sands Corp disappointed investors with a lower-than-expected quarterly profit at its Singapore casino-resort, sending shares of the company down 10%.

Business 03 May 2011 | 12:00 AM

Casinos sense opening in online poker indictments

LAS VEGAS: The indictments that led to three major online poker companies shuttering U.S. operations have provided an opening for American casinos to cash in on an industry worth an untold billions of dollars.