After another money-losing year, Bank of America Corp. got the upper hand with Uncle Sam in 2010. The Charlotte-based bank had no federal income tax expense for a second straight year and actually reported a tax “benefit” of nearly $1 billion. Also, the bank’s billions in accumulated ... Read more...
Companies across the United States have started including some prescription drugs in random employee drug tests, and firing workers who test positive. For example, Sue Bates lost her job of 22 years as an assembly line worker at Dura Automotive Systems after she tested positive for hyrdrocodone, ... Read more...
The US military is developing software that will let it secretly manipulate social media sites such as Facebook and Twitter by using fake online personas to influence internet conversations and spread pro-American propaganda. A Californian corporation has been awarded a contract with United... Read more...
Thirteen record companies are suing LimeWire LLC, makers of the file-sharing program LimeWire, for as many as $75 trillion, a hilarious sum of money that quite possibly doesn’t even exist. When the companies won a ruling against Lime Wire last May, they requested damages that could now end up ... Read more...
On the eve of the mobile phone industry's annual CTIA Wireless conference, AT&T dropped the bombshell news that it is acquiring rival T-Mobile for $39 billion. The move has all manner of repercussions for the wireless market, should it pass regulatory review. Assuming it does, here's what ... Read more...