General Electric Says SEC Has Issued 'Wells Notice' Recommending Civil Action Over Shaky Accounting Practices

General Electric Says SEC Has Issued 'Wells Notice' Recommending Civil Action Over Shaky Accounting Practices

General Electric said in a filing Tuesday it’s been notified by the Securities and Exchange Commission that the agency may take civil action against the struggling industrial conglomerate for possible violations of securities laws following a two-year …
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The Supreme Court is taking on Google and Oracle one last time

Ten years after Oracle first sued Google over the code in the Android platform, the two tech giants are finally facing off in the Supreme Court. Since then, there have been three trials and two appeals. Billions of dollars are at stake; many millions have been …
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Ford Motor Co. is expected to argue for tight limits on where companies can be sued outside their “home” states when the U.S. Supreme Court,
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Unemployment Claims Expected to Remain High: Live Business Updates

A report from the Labor Department on Thursday is expected to show that layoffs remained high last week — although data problems in California will make it hard to know exactly how high. Economists surveyed by FactSet estimate that first-time filings for …
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British Airways retires its final Boeing 747 airplane

(CNN) — British Airway retired the last of its huge Boeing 747 airplanes on Thursday when the final two planes still in service departed from London Heathrow — a poignant event brought upon by the coronavirus pandemic. BA said that the jumbo jets, one …
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