Amateur race-car driver and Ferrari SpA aficionado Sammy Wasem and his father's civil complaint against Ferrari SpA revealed that the Italian automaker has conspicuously taken over the father and son's fan page without just compensation.
Bank of America Corp and chairman Kenneth Lewis will pay an aggregate $25 million to resolve the claims filed against them by the state of New York over claims that the bank had knowingly misled investors about the acquisition of Merrill Lynch & Co.
With the latest legislation proposal to ban online gambling, An industry observer is concerned that the feud between casino bigwigs with political influence like Sheldon Adelson and online gambling supporters could hurt the gambling industry, The New York Times said.
Aereo on Wednesday filed a brief arguing that should the US Supreme Court chooses to side with television broadcasters over its digital services, the court will effectively deem all cloud service providers infringers as well.
