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Microsoft removes a security update four days after its release, upon receiving complaints that the update has been responsible for system freezes, boot problems, and installation issues for Windows.
2020-02-15

A US federal judge orders PricewaterhouseCoopers to pay US$625.3 million compensation to Federal Deposit Insurance Corp. The judge rules PwC negligently caused losses to F.D.I.C. by failing to uncover fraud during audits of Colonial BancGroup. Colonial, one the nation's 25 largest banks, and Taylor, Bean & Whitaker, the 12th-largest mortgage broker in the US, both collapsed in August 2009 as a result of fraud between the two. F.D.I.C. was the receiver for Colonial.
2018-07-2

US retailer Walmart acquires a 77% controlling stake in Flipkart, India's largest online shop, for US$16 billion.
2018-05-9

U.S. firearms and ammunition manufacturer Remington Arms files for chapter 11 bankruptcy protection after amassing US$950 million worth of debt.
2018-03-26

The largest U.S. broadcaster, iHeartMedia, owner of 850 radio stations, files for chapter 11 bankruptcy after accumulating US$20 billion in debt.
2018-03-15

Ford issues a recall of 1.4 million vehicles, including some models of the Ford Fusion and the Lincoln MKZ, citing an issue where the steering wheel could come loose.
2018-03-14

The United States will pay Boeing nearly US$24 million to replace two of the five 27-year-old chiller units on Air Force One, customized to carry 70 cubic feet of refrigerated storage for about 3,000 meals.
2018-01-27

Uber founder and CEO Travis Kalanick resigns amid pressure from investors due to allegations of sexual harassment, gender discrimination, and corporate misconduct in the company.
2017-06-20

Robert Kaplan, head of the Federal Reserve Bank of Dallas, says that low bond yields suggest sluggish growth ahead for the economy of the United States.
2017-06-20

American fantasy adventure film "Oz the Great and Powerful" brings in an estimated $80.3 million in the United States during its opening weekend.
2013-03-10