In an age when currency crises in far flung parts of the world can cause layoffs at factories and offices in mid-America, it's important to keep up on news from the business world. The Two-Way monitors what's happening. We make sense of the trends.
The SEC announced Monday that auditing giant Ernst & Young will pay $4 million to settle charges a subsidiary lobbied Congress inappropriately. The firm neither admitted nor denied the charges.
The casino sent out a warning on Monday to more than 1,000 employees that their jobs will likely end in September. It could be one of four Atlantic City casinos to shut down.
This is the fifth consecutive month that American employers have added more than 200,000 jobs. Last month, the U.S. job market hit a milestone, finally surpassing pre-recession levels.
Just one week after the Google Glass eyewear went on sale in the U.K., fears of movie piracy have led an industry group to call for a ban on the device in theaters.
The economic deal, which comes as a tense cease-fire is set to expire Friday in Ukraine, also includes two other former Soviet states, Moldova and Georgia.
The new rulings are being reported amid a backdrop of rising gas prices in the U.S., a situation blamed on new violence and uncertainty in Iraq.
At issue in the case, Alice Corp. v. CLS Bank International: Do software inventions get the same kinds of patent protections as other inventions? The court's decision was unanimous.
The company said it made the decision in the wake of allegations of misconduct against Charney. It did not elaborate. He has been subject to past lawsuits alleging sexual misconduct.