Kevin O'Brien News
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Republican presidential candidate Mitt Romney, as a board member of Staples Inc., voted to set a low price on the stock and create a new class of shares as a “favor” to its co-founder who was involved in a divorce.
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Judges hearing the appeal of Galleon Group LLC co-founder Raj Rajaratnam, who is serving 11 years in prison for insider trading, voiced concern over whether prosecutors improperly won authority to wiretap his phone calls.
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As a lawyer, Jed Rakoff once persuaded a judge to give probation to a client convicted at an insider-trading trial alongside former Wall Street Journal reporter R. Foster Winans. Now a federal judge himself, Rakoff must weigh Rajat Gupta’s similar request to stay out of prison.
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Kevin O’Brien scored the fastest Cricket World Cup century to lead Ireland to a three-wicket win over England in one of the biggest upsets in the tournament’s 35-year history.
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Hong Kong Exchanges & Clearing Ltd., host to the world’s fifth-largest equity market, agreed to pay 1.39 billion pounds ($2.15 billion) for the London Metal Exchange, which handles more than 80 percent of global trade in industrial-metal futures.
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Freshfields Bruckhaus Deringer LLP revenue fell by about 0.9 percent to 1.13 billion pounds ($1.75 billion) for the 2011-12 financial year, dropping it to the rank of fourth-largest London-based law firm by revenue.
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The third-most active Atlantic hurricane season officially ends today after causing at least $1.6 billion in damage and killing hundreds while leaving the U.S. virtually unscathed.
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Devon Smith’s century helped the West Indies defeat Ireland by 44 runs in their Group B match in the Cricket World Cup.
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New York , the only U.S. state that doesn’t allow no-fault divorces, is poised to change.
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The following are the top stories on metals, agriculture and shipping.
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