FedEx was indicted for shipping packages from illegal online pharmacies despite repeated warnings from U.S. drug enforcement officials.» Read More
LOS ANGELES— The new Captain America will be an African-American. Marvel Executive Editor Tom Brevoort said in a statement that former Captain America Steve Rogers will be a mentor to Wilson as he takes on the new role.
SAN FRANCISCO, July 17- FedEx Corp was indicted on Thursday for shipping packages from illegal online pharmacies despite repeated warnings from U.S. drug enforcement officials, according to a court filing. FedEx allegedly gained at least $820 million from the conspiracy, the filing said, and could be fined up to twice that amount.
SAN FRANCISCO— Federal authorities on Thursday charged FedEx with assisting illegal pharmacies by knowingly delivering painkillers and dangerous drugs to customers without prescriptions. The indictment filed in federal court in San Francisco alleges that FedEx Corp. conspired with two related online pharmacies for 10 years ending in 2010..
SAN FRANCISCO— One of the most trusted advisers to late Apple CEO Steve Jobs is retiring from the iPhone maker's board of directors. Bill Campbell's departure after 17 years on Apple Inc.' s board cleared the way for the company to appoint Susan Wagner, a founding partner of money manager BlackRock, as a director.
SAN FRANCISCO— Google's earnings rose modestly in the second quarter as the Internet company's expensive ambitions devoured most of a surprisingly strong gain in revenue. The report released Thursday also showed that Google's advertising prices are still dropping to extend a nearly three-year slump.
SAN FRANCISCO, July 17- Hewlett-Packard Co appointed Chief Executive Officer Meg Whitman its chairman on Thursday and enlisted Alcoa CEO Klaus Kleinfeld as an independent director, adding a 12th member to its board.
SAN DIEGO— The number of default notices— the first step in the foreclosure process— sent to California homeowners slid to its lowest level in more than eight years in the spring as higher home values left fewer homeowners underwater, a research firm said Thursday.
The company and its retailing partners, including Neiman Marcus, Pizza Hut, Staples and others, hope a quicker payout will lead to fewer abandoned shopping carts online. The service is currently being offered in the U.S., Canada and Australia,.
July 16- Charles Schwab Corp' s second-quarter revenue and profit grew at double-digit rates, slightly exceeding Wall Street expectations. The shift helped Schwab amass $2.4 trillion of client assets as of June 30, the highest in its history and up 17 percent from a year ago.
DENVER— Your swimsuit and your sunscreen are in the luggage, and your boarding passes are all printed out. But did you remember your gadgets and chargers? Did you download enough entertainment?
SAN FRANCISCO, July 16- Amazon.com Inc is considering a new e-book subscription service called " Kindle Unlimited," that aims to replicate popular video-streaming models for the digital books market, according to several online reports and a test page that briefly appeared on the Internet retailer's website.
All 12 of the Fed's regions reported growth with five— New York, Chicago, Minneapolis, Dallas and San Francisco— characterizing growth as "moderate" while the others reported "modest" growth. Boston and Richmond reported that growth came in at a slightly slower pace than the previous reporting period.
SAN FRANCISCO— Apple will refund up to $400 million to consumers ensnared in a plot to raise the prices of digital books unless the company gets a court to overturn a decision affirming its pivotal role in the collusion. The settlement bill emerged in a Wednesday court filing made a month after attorneys suing Apple notified U.S.
July 16- Charles Schwab Corp' s second-quarter revenue and profit grew at double-digit rates, slightly exceeding Wall Street expectations. The shift helped it amass $2.4 trillion of client assets as of June 30, the highest in its history and up 17 percent from a year ago.
SAN FRANCISCO, July 16- Jawbone, maker of wireless headsets and wristbands, is pushing a new food-tracking service it hopes will catch on with health-conscious weight-watchers. In a move to grow its share of the nascent wearables market, the San Francisco- based company on Wednesday introduced new features to its main wearable gadget, called Up.
HONG KONG/ BEIJING, July 16- When a fast-growing private equity firm co-founded by Jack Ma sought funding from institutional investors for the first time in early 2013, almost all had one major concern, its chairman said: was the firm independent from Ma, the influential executive chairman of Alibaba Group Holding, China's e-commerce giant.
The same day, state regulators moved to jolt residents into saving water by authorizing fines up to $500 for wasting water on lawns or letting hoses run while they're washing vehicles.
WASHINGTON— New federal guidelines on job discrimination against pregnant workers could have a big impact on the workplace and in the courtroom.
NEW YORK, July 15- A New York trader claims he lost his job over the dramatic run-up in Cynk Technology Corp stock, which at one point last week had a market value of about $6 billion dollars before trading was halted on suspicion of manipulation.
SAN FRANCISCO, July 15- Google Inc has appointed former Ford Motor Co CEO Alan Mulally to its board of directors, drafting a seasoned Detroit executive into its ranks as it develops a self-driving car and tries to get its software into more automobiles.