Business

The probe on the global car parts price-fixing and bid-rigging scheme by the US Justice Department is touted to be the biggest antitrust investigation by the department, and the Australian reported that it has yet to be resolved as another Japanese executive has been charged for his involvement in the scheme.

Sabra's latest petition to seek "standards of identity" for hummus could be the company's answer to the proliferation of companies in the US who market hummus product without at least one of the basic main ingredients in making the food dip, Yahoo News said.

Lawyers for Chesapeake Energy Corp accused the state of Michigan for resorting to selective picking of portions of its email exchanges to supposedly prove that the company and Canadian rival Encana Corp conspired to secure energy leases ahead of a scheduled auction, Bloomberg reported.