Bazaarvoice Inc., the maker of online product-review software, agreed to sell assets obtained in its $168 million purchase of PowerReviews Inc. after the U.S. successfully sued for antitrust violations.
U.S. prosecutors are seeking more than $13 billion from Bank of America Corp. to resolve federal and state probes into the lender’s sale of bonds backed by home loans in the run-up to the 2008 financial crisis, according to people familiar with the matter.
United Continental Holdings Inc. fell the most since October 2011 after posting the only first- quarter loss among major U.S. carriers, hampered by severe winter weather that trimmed results by $200 million.
Apple Inc., Google Inc., Intel Corp., and Adobe Systems Inc. agreed to settle a lawsuit on behalf of more than 64,000 technical employees who claimed their incomes were held down by the companies’ agreements not to recruit one another’s workers.
Using the alias SuperTrips, a 22- year-old Dutch man dealt drugs including cocaine, ecstasy and LSD for millions of dollars worth of the virtual currency bitcoin through a black-market website, a U.S. prosecutor said.
General Motors Co. shares pared gains after reaching a four-month high after the automaker indicated its first-quarter performance, which beat analysts’ estimates, pulled ahead earnings from later in the year.