Libor-ated: The U.S. Department of Justice is building criminal cases against financial institutions and individuals involved in the manipulation of interbank lending rates, according to The New York Times. Deutsche Bank agreed to cooperate with the European Commission’s Libor investigation, reports Der Spiegel. Prosecutors in New York, Connecticut, Florida and Massachusetts are Read More
Republican presidential candidate Newt Gingrich is having a tough enough time with front-runner Mitt Romney surging in the polls prior to the upcoming Florida primary. Now he may also have to contend with pesky questions about a government probe into the overseas business affairs of Las Vegas billionaire Sheldon Adelson, who may be the financial savior of Mr. Gingrich’s campaign.
Looking to dodge the news cycle, perhaps, the DOJ dropped a late Friday announcement about a settlement with six of the country’s biggest tech companies.
Google, Apple, Intel, Adobe, Intuit and Pixar have all agreed to quit putting in place crazy restrictions on hiring from each other, less than a week after HP Read More