An announcement published on Treasure Island stated that companies responsible for 2007 San Francisco oil spill incident have agreed to pay $44.4 million as a settlement.
After over 24 hours's negotiations, officials from the United Food and Commercial Workers finally reached a deal Monday with three big grocery chains, Ralphs, Vons and Albertsons. This tentative agreement avoided a grocery strike involving more than 60,000 workers in Southern California.
Charlie Sheen and Warner Bros are close to a settlement on the actor's $100 million lawsuit against the studio over his firing from Two and a Half Men, a source with knowledge of the situation said on Monday.
British oil major BP remains committed to reaching its oil production targets at Iraq's huge Rumaila field and is not renegotiating contract terms, the company's chief executive Bob Dudley said on Sunday.
The recent executive shakeup at Bank of America followed by reports of massive layoffs at the bank may leave you wondering what the turmoil means for you - either as a client of the banking colossus and Merrill Lynch, the brokerage firm it owns, or as a shareholder.
A U.S. court has approved a proposed $263.4 million settlement by Hecla Mining Co. to resolve a 20-year-old dispute involving the silver mining company's liabilities for an environmental contamination in Idaho's Coeur d'Alene Basin.
Regulators are close to an agreement with Fannie Mae and Freddie Mac to settle a case over disclosing their exposure to risky subprime loans, The New York Times reported on Thursday.
A Manhattan federal judge rejected HSBC Holdings Plc's proposed $62.5 million settlement with investors in an Irish fund that lost money in Bernard Madoff's Ponzi scheme.
In an order signed on Monday, Judge Ellen S. Huvelle of the United States District Court in Washington, has asked the Justice Department, AT&T and Deutsche Telekom, the parent company of T-Mobile USA, to file the joint plan by the due date and has ordered that the parties shall be prepared to discuss the prospects for settlement at a Sept. 21 status conference, according to reports.
The judge assigned to the federal antitrust case that seeks to undo the $39 billion takeover of T-Mobile USA by AT&T wants all parties to appear on Sept. 21.
The trial of Michael Jackson's former physician, Dr. Conrad Murray who is accused of involuntary manslaughter in the pop star's death, begins on Thursday with jury selection. Here are some key facts about Jackson:
State prosecutors accusing major U.S. banks of improper mortgage practices have offered them a deal that may limit their legal liabilities in return for a multibillion-dollar payment, the Financial Times reported Tuesday.
Big U.S. banks in talks with state prosecutors to settle claims of improper mortgage practices have been offered a deal that may limit their legal liabilities in return for a multibillion-dollar payment, the Financial Times reported on Tuesday.
One of the largest porn Web site Pornhub.com has written a letter to the owner of Kim Kardashian's sex tape, expressing its interest in buying the high definition video clip.
A new trend in employment law, California companies have recently been experiencing a barrage of meal break lawsuits, challenging state labor rules and the extent to which an employer must provide time to rest.
The U.S. government on Wednesday filed an anti-trust complaint seeking to enjoin the proposed merger between AT&T (NYSE:T) and T-Mobile USA.
Actor Mel Gibson will pay the mother of his 22 month-old daughter $750,000 and get joint custody of the child, ending a bitter custody and financial dispute that badly damaged his Hollywood career.
A mystery buyer has put in a bid to take a sex tape featuring Kim Kardashian offline from Websites where viewers now have to pay to watch it.
Conventional wisdom in legal circles has long held that Goldman Sachs (GS.N) might escape further large fines or criminal charges for its role in the 2007-2009 financial crisis after reaching a $550 million settlement with securities regulators in July 2010.
Mel Gibson and Oksana Grigorieva have reached a final custody and financial settlement in their long-running bitter legal battle, the Los Angeles County Superior Court announced on Friday.
Pitbull's handling it in his style. After actress Lindsay Lohan recently sued him over his song Give me everything, Pitbull has invited her over to Sunday's MTV Video Music Awards, where he will be performing the song. Now that is 'Some Big' expectation that the rapper is holding on to.
Mel Gibson and his ex-girlfriend on Friday settled a deeply bitter custody dispute over their young daughter which led to the Oscar winner's plea of no contest to domestic violence earlier this year.
