The financial restructuring plan of the city of Detroit filed with the federal court today involves paying off long-term obligations in full. The Wall Street Journal said pension funds and unsecured creditors could get reduced amounts of what the city owes.
A new lawsuit against media tycoon Calvin Darden Sr and company Darden Media Group in relation to the investor fraud allegations lodged against his son claimed that the parent company of Maxim magazine had met both Dardens and a letter of intention with regard to the sale of the magazine.
Nintendo spokesman Yasuhiro Minagawa confirmed to Bloomberg yesterday that the "Mario" apps the news agency was able to find available for download on the 91 Wireless and Samsung's China-focused online application stores were not approved by the gaming company.
Former Two Sigma Investments LLC Kang Gao allegedly used a special software to misappropriate company information and stole it for his personal gain, according to a criminal complaint.
