Feb 26 The following are the top stories in the
Wall Street Journal. Reuters has not verified these stories and
does not vouch for their accuracy.
* Former Goldman Sachs Group Inc director Rajat Gupta
will have to reimburse the investment bank for more than $6.2
million in legal fees and expenses it paid in connection with
his insider-trading case, a federal judge ruled on Monday.
* Next week, lawyers for Barclays Plc, Royal Bank
of Scotland Group, UBS AG and more than a
dozen other banks still under investigation are expected to ask
a federal-court judge to throw more than 30 lawsuits filed by
borrowers, lenders and other plaintiffs, which seek class-action
* The Deepwater Horizon trial began on Monday with a flurry
of finger pointing, as lawyers for BP Plc, Transocean Ltd
, Halliburton Co, the U.S. federal government,
Gulf Coast states and local businesses traded barbs over who is
to blame for the deadly 2010 explosion and oil spill.
* Hewlett-Packard Co's board is investigating the
company's flawed $11 billion acquisition of software firm
Autonomy Corp Ltd, and has set up an informal
committee to provide strategic advice to Chief Executive Meg
* India's tax authorities are seeking billions of dollars
from some of the world's biggest multinational companies, such
as Royal Dutch Shell Plc and Vodafone Group Plc
saying that they haven't properly valued transactions with their
* Faced with public anger over immigration and high living
costs, the Singapore government announced tighter curbs on the
growth of its foreign workforce, pressuring businesses to cut
their reliance on overseas labor and boost citizens' wages.
* Swedish furniture giant IKEA was drawn into
Europe's growing horse-meat scandal after food inspectors in the
Czech Republic found traces of horse meat in a batch of IKEA's
* Samsung Electronics Co Ltd and Google Inc
together have stemmed Apple Inc's dominance in
smartphones, but there is new tension in their partnership.
Google executives worry that Samsung has become so big that it
could flex its muscle to renegotiate their arrangement and eat
into Google's lucrative mobile-ad business, people familiar with
the matter said.