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TOKYO: Former Nissan Motor Co chairman Carlos Ghosn, who was indicted Friday on charges including aggravated breach of trust in violation of the Companies Law, has made clear his confrontational stance against prosecutors on charges that also include violation of the Financial Instruments and Exchange Law by understating his executive remuneration in the company’s securities reports
WASHINGTON: Aetna Inc’s attempt to assuage US antitrust concerns over its US$37bil takeover of Humana Inc by selling assets to a smaller company landed with a resounding thud.
SEATTLE: Microsoft Corp said on Wednesday a jury decided in its favor in the second of two trials in federal court in Seattle concerning Motorola's licensing of so-called standard, essential patents used in Microsoft products.
NEW YORK: Bank of America Corp's Countrywide unit placed profits over quality in a "massive fraud" selling shoddy mortgages to Fannie Mae and Freddie Mac, a U.S. government lawyer said on Tuesday.
WASHINGTON: The late multimillionaire owner of Ringling Bros. and Barnum Bailey circus, Irvin Feld, left a renowned business stunningly at odds with a bitter family legacy.
SAN JOSE, California: The chief executives of Apple Inc and Samsung Electronics Co Ltd have talked but did not settle the high stakes patent dispute between the two electronics companies, a Samsung attorney said in court on Monday.
Two former executives of Sasebo Heavy Industries Co. were given suspended prison sentences for defrauding a government work subsidies program of 377 million yen (US$3.2 million), a court official said Wednesday.