Friday, May 6, 2016

Liberty Reserve Head Sentenced to 20 Years in Prison and other top stories.

  • Liberty Reserve Head Sentenced to 20 Years in Prison

    The leader of Liberty Reserve, a digital currency company, was sentenced Friday by a federal judge to 20 years in prison for running a global money-laundering scheme that prosecutors said was unprecedented in size and scope. The punishment for Arthur Budovsky, 42 years old, comes four months after he pleaded guilty to one count of conspiracy to launder money related to his role in Liberty Reserve, which allowed cybercriminals to...
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  • US stocks gain but log second straight week of losses

    US stocks gain but log second straight week of losses
      Getty Images Markets Stream gives you a single place to follow live updates of markets moves and commentary, plus relevant insight from the web and social media. Here’s how it works.
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  • Top Tribune Publishing shareholders at odds over sale to Gannett

    Top Tribune Publishing shareholders at odds over sale to Gannett
    The second-largest shareholder of Los Angeles Times owner Tribune Publishing has ratcheted up the pressure on the company's board to reconsider a sale to USA Today publisher Gannett Co.Los Angeles investment firm Oaktree Capital Management, which owns 14.8% of Tribune Publishing's stock, said in a securities filing Friday that the board should "pursue discussions with Gannett" or with other parties interested in buying Tribune. What's more, Oaktree said in the filing that it planned to get in t..
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  • Jamba Juice will move headquarters from Bay Area to Texas

    Jamba Juice will move headquarters from Bay Area to Texas
    More than 25 years after the first Jamba Juice shop opened in San Luis Obispo, the owner of the smoothie company announced plans to move its headquarters from California to Texas within eight months.Jamba Inc. will close its Emeryville, Calif., office and establish a new corporate home in Frisco, Texas, about 30 miles north of Dallas. In a statement, Chief Executive David Pace said Jamba was looking for places that had “competitive operating costs,” access to “skilled restaurant talent” and an ..
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