Nintendo Co.’s prospects for meeting its profit and sales forecasts for this year are diminishing after Sony Corp. and Microsoft Corp. each sold more game consoles in 24 hours than the Wii U maker did in nine months.
For-profit Caribbean medical schools that don’t have access to U.S. federal loans are finding a way around the rules: Encouraging some students to enroll simultaneously in online master’s programs at U.S. universities.
U.S. stocks rose for an eighth straight week, driving the Standard & Poor’s 500 Index to the longest rally in almost a decade, as data on employment and consumer sentiment boosted confidence in economic growth.
Walt Disney Co. and other movie and TV studios have asked a federal court to dismiss their copyright-infringement case against the file-sharing website Lime Wire LLC and its founder, Mark Gorton, according to a Nov. 7 court filing.
Inez Tenenbaum, the chairman of the U.S. Consumer Product Safety Commission since 2009, is joining Nelson Mullins Riley & Scarborough LLP on Dec. 1. She will work with the law firm’s product safety, risk prevention and regulatory practice group.
Kirkland & Ellis LLP and DLA Piper LLP worked on the deal to take private Active Network Inc., a company that manages online registration for marathons, business conferences and other events. Vista Equity Partners is buying Active for about $1.05 billion in cash.
Brian Tennis, a former organic cherry farmer in Omena, Michigan, wasn’t decimated by the late spring frosts that wiped out almost 90 percent of the state’s apple and cherry crops last year. The hops on his farm weathered the cold snap well.