Bain Capital Partners is suing EY in U.S. Court, claiming the accounting firm cost it $60 million by advising it to invest in Lilliput Kidswear, a children’s clothing company in India. Bain claims it made the investment based on false financial statements that were certified by EY.
Twitter chief operating officer Ali Rowghani abruptly resigned Thursday.
Lululemon is hoping men in sweatpants will help turn business around.
The deteriorating situation in Iraq, where militants are fighting the national army for control of key cities, may lead to higher prices at the pump in the U.S.
The Supreme Court wants companies to be honest about labeling their food products. The high court ruled against Coca-Cola on claims it was misleading consumers by labeling a product Pomegranate Blueberry Flavored Blend of 5 Juices that only contains only 0.3 percent pomegranate juice.
Will the primary election defeat of House Majority Leader Eric Cantor lead to even more moderate Republican leadership?
The Russian Culture Ministry has banned a film about Stalin-era deportations and massacres of Chechens.
The Feds are planning to auction a fortune in bitcoins seized from black market Silk Road.
The chief investment officer of the North Carolina Retirement System said a forensic audit that claims Treasurer Janet Cowell had not properly disclosed fees and expenses contained “inaccuracies and unsupported allegations.”
You probably couldn’t see it, but around midnight the sky contained what’s called the ‘honey moon,’ a full moon with a slightly warmer tint than normal because of humidity. That this occurred on Friday the 13th is a rare event indeed.
Seems like this should get more attention: As mass shootings have sadly become almost routine in the U.S., UC San Francisco has received a grant to study ‘re-wiring’ the brains of the mentally ill.
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