Business

Gun Maker Fined US$2m for Bribing Pakistan Police

Gunnar Blaschke   | Jul 29, 2014 10:56 AM EDT

When a Pakistani police department received a package containing guns worth US$11.000 from American company Smith & Wesson it was considered as a gift. But according to U.S. laws it was a bribe. read more

FTC Sets Guidelines For Mobile Industry to Prevent Overbilling

Marc Maligalig   | Jul 29, 2014 10:39 AM EDT

The Federal Trade Commission published on Monday a list of procedures to prevent mobile service providers from overbilling their clients. read more

Chinese Antitrust Probe Reportedly Targets Microsoft

Kizha T. Trovillas   | Aug 08, 2014 05:49 AM EDT

Representatives from China's business law enforcing body visited four offices of the software giant Microsoft, according to local reports confirmed by the company. read more

77 Million Americans Not Paying Debts On Time

Marcel Woo   | Jul 29, 2014 02:43 AM EDT

The Urban Institute has released the result of a study that showed around 77 million Americans are having a hard time paying debts on schedule. read more

Amazon Risks Losing Investors Amid Company Loss

Ren Benavidez   | Jul 29, 2014 02:08 AM EDT

After the second-quarter earnings of Amazon came out on Thursday, the online marketing company faces the risk of losing its investors. read more

Berkshire Hathaway to Impress with Friday’s Earnings Report

Ren Benavidez   | Jul 28, 2014 10:59 PM EDT

Multinational conglomerate holding company Berkshire Hathaway Inc. is expected to release its earnings report after the stock market closes on Friday. read more

Herbalife Profit Falls, Results Miss Estimates

Ren Benavidez   | Jul 28, 2014 11:06 PM EDT

Global nutrition company Herbalife Ltd. reported its second-quarter earnings and is 16 percent below than what analysts estimated. read more

'Antitrust Officials' Target Microsoft In China

Marc Maligalig   | Aug 08, 2014 06:02 AM EDT

The Microsoft Corporation's offices in various provinces were visited Monday by Chinese government officials. read more

Russia To Pay US$50 Billion To Shareholders After Bankcruptcy Scandal -- International Court

Gunnar Blaschke   | Jul 28, 2014 11:07 AM EDT

The Hague's Court of Arbitration in The Hague sentenced Russia to pay US$50 billion to shareholders of the once biggest, but now defunct, oil producer Yukos Oil Co. read more

Reddit Tries to Capitalize on Success

Marc Maligalig   | Jul 28, 2014 06:06 PM EDT

Reddit is trying to go into the advertising business while retaining its essence. read more

China’s Solar Energy Industry hit by U.S. Anti-Dumping Tariffs

Kizha Trovillas   | Jul 28, 2014 04:50 AM EDT

China's solar energy sector was given new import duties by the United States after its Commerce Department found out that imported solar panels and cells that were sold cheaper in the U.S. market were hurting American producers. read more

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