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Business News

Latest business news from around the World.

Goldman Sachs: Too big to rein in?

On June 11, Goldman Sachs agreed to pay $67m to settle a suit charging the firm and others with colluding to drive down the price of takeovers. For another firm, paying out tens of millions of dollars to resolve allegations of collusion ...

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A World Cup for corporations

Marta Molina The World Cup 2014 is set to begin today in São Paulo and end on July 13 in Rio de Janeiro. For this much-anticipated month of soccer, Brazilian citizens have paid a very high price, including the 10 billion reals ($4.47 billion) that ...

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Internal report details GM ignition cover-up

Shannon Jones The internal report commissioned by General Motors into the recall of vehicles with a deadly ignition defect presents a devastating picture of corporate indifference to public health and safety. Despite its transparent attempt to shield top officials from ...

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Minimum Wage Support Grows

During a recent talk at Northwestern’s Kellogg School of Management, McDonald’s CEO Don Thompson indicated his support for legislation in Congress to raise the federal minimum wage. “I will tell you we will support legislation that moves forward,” he said. ...

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