Finance & Economics

Houston-Area Physician and Local Businessman Charged in Diagnostic Testing Fraud Scheme

Dr. Donald Gibson, II, 56, of Sugarland, Texas, and Sunday Joseph Edem, 53, of Richmond, Texas, have been arrested for health care fraud and conspiracy to commit health care fraud relating medically unnecessary diagnostic testing and physical therapy...

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Class action suit filed against Facebook, JPMorgan

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SAN FRANCISCO Investor ire over "false and misleading representations and omissions" during the run-up to the $16...

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Google completes deal to buy Motorola Mobility

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Google has announced finalization of its deal to buy Motorola Mobility, a key manufacturer of smartphones and other...

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63 per cent ADB bonds bought by central banks

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MANILA, PHILIPPINES Central banks and official institutions have bought 63 per cent of a $1.25 billion 3-year bond...

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Patent war: Apple renews bid to block Samsung's Galaxy Tab

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Even as Apple extended its lead as the world's most valuable corporate name, the company has renewed its bid for a...

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BAE Systems bags 1.9bn pounds Saudi contracts

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UK defense contractor BAE Systems has signed two contracts with Saudi Arabia including a 1.6 billion pounds contract...

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Boeing Conducts Inaugural Flight of First 787 Built in South Carolina

Boeing today marked another 787 milestone as the first Dreamliner built in South Carolina completed its first flight. Piloted by Tim Berg and Randy Neville, the airplane successfully conducted a five-hour test flight. More than 5,000 Boeing South...

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Data revenues drive Vodafone profits

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Hit by economic downturn in Europe, UK mobile phone major Vodafone has reported near flat profits after a 4 billion...

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OECD moots compact growth approach for global recovery

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The Organization for Economic Cooperation and Development(OECD) Tuesday called on governments and Europe's central...

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CEO of JPMorgan to testify before US senate panel

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US Senate Committee on banking will soon be examining whether JPMorgan Chase Co. violated rules requiring the bank to...

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