Douglas C. Beatty
RSS
3 Ex-Nortel Executives Are Accused Of Fraud
Jun 20 2008, Pooja

The Royal Canadian Mounted Police brought criminal charges on Thursday against three former executives of Nortel Networks, the telecommunications company, more than four years after accounting irregularities were discovered at the firm.

Charged were...

Related Stories
Most Recent Most Popular Most Commented
(0)
Sector Snap: Internet stocks slide with market
AP, Seattle
Shares of major Web companies dropped sharply Monday amid a massive market sell-off that sent the Dow skidding below 10,000 for the first time in four years.
Internet, Sector, Snap, Technology
made popular 9 min ago
(0)
Credit markets still tight as stocks plunge
AP, New York
The jammed credit markets barely budged Monday as governments around the world scrambled to prop up their failing banks and investors waited for details on how,...
Credit, Markets, Business, Treasury
made popular 32 min ago
(0)
EBay cutting 1,600 jobs, 10 percent of work force
AP,
NEW YORK _ After a series of changes designed to draw more people to its online marketplace, eBay Inc.’s latest alteration is aimed at its own employees. The...
EBay, Job, Cuts, Technology
made popular 46 min ago
(0)
Starbucks faces another NLRB complaint
AP, New York
Starbucks Corp. is facing another complaint from the National Labor Relations Board alleging that the gourmet coffee chain engaged in unfair labor practices by firing a...
Starbucks, NLRB, Complaint, Business
made popular 47 min ago
(0)
Mars, Wrigley close $23 billion deal, create giant
AP, Harrisburg
Mars Inc. has closed a deal to purchase chewing-gum company Wm. Wrigley Jr. Co. to become the world’s largest candy maker.
Mars, Wrigley, Business, Harrisburg
made popular 49 min ago
(0)
Summary: eBay to cut work force by 10 percent
AP,
THE LAYOFFS: EBay Inc. is eliminating 1,600 jobs, about 10 percent of its work force. The online auction site operator will cut 1,000 full-time employees and let...
EBay, Job, Cuts, Summary
made popular 58 min ago
(0)
Man sentenced in LA in lawsuit kickback scheme
AP, Los Angeles
A man accused of accepting $2.5 million to act as a paid plaintiff in a major lawsuit kickback scheme has been sentenced in Los Angeles to three months in prison.
Lawsuit, Kickbacks, Business, Angeles
made popular 1 hr. ago
(0)
Dow plunges 700 points amid global sell-off
AP, New York
Despair about a weakening global economy is sweeping across Wall Street, propelling the Dow Jones industrials down more than 700 points. Investors around the world have...
Wall, Street, Business, Despair
made popular 1 hr. ago
(0)
SAP says business turmoil hurting its revenue
AP, Frankfurt
Shares of SAP AG plunged Monday after the business software maker said it saw a sudden drop in business at the end of September as global financial turmoil escalated.
EU, SAP, Outlook, Technology
made popular 1 hr. ago
(0)
Honeywell, EBay, ImClone among big movers
AP, New York
Stocks that moved substantially or traded heavily Monday on the New York Stock Exchange and Nasdaq Stock Market:
Wall, Street, Stocks, Business
made popular 1 hr. ago
(0)
Credit markets still tight amid gov't intervention
AP, New York
The jammed credit markets barely budged Monday as European governments scrambled to prop up their failing banks and investors waited for details on how, exactly, the...
Credit, Markets, Business, European
made popular 1 hr. ago
(0)
Fed to provide as much as $900B in loans to banks
AP, Washington
The Federal Reserve will provide as much as $900 billion in cash loans to squeezed banks in an urgent effort Monday to break through a dangerous credit clog that...
Fed, Credit, Crisis, Business
made popular 1 hr. ago
(0)
Citigroup sues Wachovia, Wells Fargo for $60B
AP, New York
Citigroup Inc. said Monday it has filed a complaint in New York Supreme Court against Wachovia, Wells Fargo and the directors of both companies seeking more than $60...
Citigroup, Wachovia, Lawsuit, Business
made popular 1 hr. ago
(0)
Europe governments go their own way on crisis
AP, London
Individual European governments issued a cascade of deposit guarantees to shore up their banks but fell short of any coordinated action Monday to deal with the crisis...
EU, Europe, Meltdown, Business
made popular 1 hr. ago
(0)
Paulson picks interim head for rescue effort
AP, Washington
The administration has selected a former Goldman Sachs executive to be the interim head of its $700 billion rescue effort for financial institutions.
Meltdown, Kashkari, Business, Goldman Sachs
made popular 1 hr. ago
(0)
Stockholm celebrates the paradox
Alpheus, Rayagada, Orissa
Paradoxes are fun, especially when ’sex’ is the central theme. Although this ad carries a social message (read ‘use condoms’), the visual...
Stockholm Condom, Stockholm Celebrates Sex, Condom Ads, Social Message Ads
made popular 2 hr. ago
(0)
Commodities prices drop as credit crisis spreads
AP, New York
Commodities prices tumbled broadly Monday on growing expectations that the financial crisis pummeling world markets will dramatically reduce global demand for energy...
Commodities, Review, Business, Gold
made popular 2 hr. ago
(0)
Oil prices fall as financial turmoil goes global
AP, New York
Oil prices sunk below $90 a barrel Monday for the first time in eight months, a key price support level, on expectations that a widening financial maelstrom will...
Oil, Prices, Business, New York
made popular 2 hr. ago
(0)
SAP says business turmoil hitting its bottom line
AP, Frankfurt
Business software company SAP AG said Monday that it saw a sudden drop in business at the end of September as global market turmoil escalated. Its shares plunged.
EU, SAP, Outlook, Technology
made popular 3 hr. ago
(0)
US opens trade office in Libya
AP, Tripoli
The United States has opened a trade office in Libya, the latest in a concerted push to normalize relations after three decades of confrontation and sanctions.
ML, Libya, US, Trade
made popular 3 hr. ago
All Stories
Most Recent Most Popular Most Commented
Related Tags
Business Canada Frank A. Dunn Michael J. Gollogly Nortel telecommunications
12345678910Next
FAQ / Help
Move to top