It’s Monday, which means Attorneys Corporation Service, Inc. is bringing you the weekend’s most relevant business and legal news. Our goal is to allow you to spend less time gathering news about topics that concern you and your business and more time focusing on your business.
Federer won Wimbeldon yesterday, overcoming local favorite Andy Murray 4-6, 7-5, 6-3, 6-4 to claim his 7th Wimbledon title.
Rep. Barney Frank married Jim Ready in Newton, Mass., on Saturday, becoming the first sitting member of Congress to be married to a partner of the same sex.
The fashion house Valentino is in exclusive talks with an unidentified bidder, with speculation on the price reaching as high as $930 million.
Workers at the 5 largest Wall Street banks saw the value of company stock in their 401(k) accounts decline more than $2 billion last year, according to annual filings. Those losses don’t include shares received as bonuses.
Markov Processes International “has developed software that allows investors to check whether managers are sticking to their investment strategies and to detect potential fraud.”
Yahoo and Facebook have agreed to settle an increasingly bitter legal fight over their patent holdings.
WellPoint Inc., the 2nd-biggest U.S. health insurer, agreed to buy Amerigroup Corp. for $4.9 billion in cash to expand the number of Medicaid patients it serves as the U.S. health plan for the poor undergoes broad changes in how it is managed.
Many law enforcement agencies nationwide warned Internet users about malware that threatened to knock about 64,000 Americans offline Monday.
Wall Street banks are increasingly choosing to hoard their U.S. bonds rather than sell them to the Federal Reserve as speculation grows that a slowing economy and global financial turmoil will only make them more dear.
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