Nokia Siemens Networks (NSN) today announced the acquisition of Motorola’s network infrastructure assets for $1.2 billion. This network infrastructure business provides products and services for GSM, CDMA, WiMAX and other wireless networks. The goal of this acquisition is to become the third biggest wireless infrastructure vendor in the United States, and strengthen NSN’s current #2 [...]
The 10th largest securities class-action settlement is the result of a case between American International Group (A.I.G.) and three Ohio pension funds. The case involving one of the biggest insurance companies in the United States started six years ago, when a lawsuit was filed against A.I.G on behalf of Ohio pension funds. The pension funds [...]
BP placed a cap on the oil well, which has caused tremendous amount of damage for the Gulf of Mexico in the last few months. The cap seems to be working now and Gulf residents are anxiously watching whether the cap will stay there and collect the oil, or not. The oil spill started after [...]
Currently about 10.5 million Americans collect unemployment benefits each month, but over 3 million people could lose this help in July, if the Congress doesn’t extend the jobless benefits. Although people can receive these benefits for up to 99 weeks, it looks like it’s still a short period of time in these economic conditions. Approximately [...]
10 Russian agents were arrested in the United States 12 days ago. These Russian agents and 4 Russians who were accused of conducting espionage activities for the West were exchanged yesterday between the United States and Russia. As Attorney General Eric Holder said, there was no reason for charging the 10 Russian agents, because they [...]
