The creditors of Linn Energy is in dire trouble as the company failed to secure its bonds swaps with the agreed collaterals. If oil ang gas companies declare bankruptcy then they will have a hard time getting their moneys back.
The Israel-based drug maker, Teva Pharmaceuticals, is expecting to complete the process of Allergan's acquistion by June. This deal will further increase Teva's dominance in the drug industry.
Dish Network said it is suing Comcast Corp's NBC Universal for breach of contract and expects to file for arbitration to block NBC from blacking out its channels.
A Pennsylvania man was charged after he pleaded guilty to illegally accessing the Apple and Gmail accounts of female celebrities. He has been charged on Tuesday.
