Nearly eight years after Adelphia’s founder was among those convicted for essentially looting the cable company, fraud victims can now get their share of a record $728 million fund, the top federal prosecutor in New York announced Monday.
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Murdoch ‘not fit’ to run major company
Global media tycoon Rupert Murdoch is „not a fit person” to run a major international company, British lawmakers investigating phone hacking at his British tabloid the News of the World report.
NY subway bomb plotter found guilty
A Bosnian immigrant accused of plotting to bomb New York's subway system as an "al Qaeda terrorist" has been found guilty on all counts, including conspiracy to use weapons of mass destruction, conspiracy to commit murder and supporting a foreign terrorist organization.
UBS shareholders to rebel over pay
A significant number of investors are preparing to confront the management of UBS on Thursday by voting against the Swiss bank’s 2011 pay award and denying executives formal approval of their actions.
