At least a half-dozen major U.S. companies whose computers have been infiltrated by cyber criminals or international spies have not admitted to the incidents despite new guidance from securities regulators urging such disclosures.
A proposed settlement to resolve mortgage abuses by top U.S. banks will give states broad authority to punish firms that mistreat borrowers in the future, according to documents seen by Reuters on Wednesday.
Sandusky's attorney said he would vehemently oppose the motion to use an outside jury.
A former unit of General Electric Co. (GE) agreed to pay $70.35 million to U.S. regulators to resolve complaints about the company's role in anticompetitive activity in the municipal bond investments market.
Most members will likely face charges of conspiracy, drug trafficking and weapons manufacturing.
The Obama administration scores another preliminary injunction against a state that has enacted a law attempting to drive out undocumented immigrations.
The Justice Department on Thursday gave the green light for the merger of NYSE Euronext and Deutsche Börse AG, which will create the world's largest stock exchange operator. The deal is still subject to the review of European antitrust authorities who have resisted approval.
Bank of America stressed that only Countrywide's practices are at issue in Wednesday's announcement of a settlement for discriminatory mortgage lending practices.
Investigation had revealed that Countrywide had charged higher fees and rates for more than 200,0000 minority borrowers from 2004-2008, in the midst of the housing boom. Some 10,000 borrowers were also pushed in to sub-prime mortgages when others with similar qualifications got standard mortgages.
A late-day buying spree is causing shares in Bank of America (NYSE:BAC) to soar higher than its big bank peers. The rally began just after 3 p.m., shortly after news broke that the financial institution had settled a federal lawsuit regarding a subsidiary's subprime lending practices for $335 million.
Institutional investors such as unions won the right to file private common-law suits against Wall Street firms for alleged securities-related fraud and negligence.
U.S. Supreme Court Justices Elena Kagan and Clarence Thomas gave no indication Monday that they will heed their critics' calls and recuse themselves from the Affordable Care Act case.
California Attorney General Kamala Harris remains open to a deal with large U.S. banks in multi-state mortgage negotiations provided it involves a stronger proposal from lenders, the Wall Street Journal reported.
California Attorney General Kamala Harris remains open to a deal with large U.S. banks in multi-state mortgage negotiations provided it involves a stronger proposal from lenders, the Wall Street Journal reported.
The Supreme Court opened its new term on Monday and considered whether Medicaid recipients and medical providers may sue California for cutting reimbursement rates in the healthcare program for low-income Americans.
The Obama administration on Wednesday asked the U.S. Supreme Court to back the centerpiece of Barack Obama's sweeping healthcare overhaul -- the requirement that all Americans have health insurance.
California's attorney general has declined a request by pharmaceutical mogul Jonah Shacknai for a review of the police investigation that ruled the bizarre hanging death of his girlfriend a suicide.
Jonah Shacknai, pharmaceutical tycoon of Arizona and the founder and the chief executive of Medicis Pharmaceuticals Corp., has mailed a letter to Attorney General of California asking the latter to review the finding of the death of his long-time girlfriend Rebecca Zahau, which was ruled as suicide.
Tapes of Jackie Kennedy show her real thoughts.
In Texas, Duane Edward Buck was sentenced to death row after a psychologist said his race made him more likely to be violent.
The head of the Bureau of Alcohol, Tobacco, Firearms and Explosives said he did not know about Operation Fast and Furious, a weapons tracking program that intentionally allowed drug cartels in Mexico to obtain firearms.
Sen. John McCain, R-AZ on Wednesday called water boarding torture and said the information that lead to Osama bin Laden did not come from detainees subjected to the interrogation technique.
