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Joe Paterno Sold House to Wife for $1

Less than four months before the Penn State sex abuse scandal erupted, Joe Paterno transferred full ownership of his Pennsylvania home to his wife, Suzanne, for $1 plus love and affection, according to county records.

Lawsuit dropped, but Bieber baby claim lingers

Canadian singer Justin Bieber
The woman who claimed teen singer Justin Bieber fathered a baby with her has dropped her paternity lawsuit, but Mariah Yeater's lawyer said on Wednesday she is pursuing her claim out of court.
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UFC

UFC Sues NY State for Right to Fight

The Ultimate Fighting Championship (UFC) has upped its game against New York State as it enters the final stages of a four-year contest with a new lawsuit aiming to overturn the 1997 state ban on live professional mixed martial arts.
Deepwater Horizon Burning

Alabama, Louisiana Can Sue BP for Gulf Spill, Says Judge

U.S. District Judge Carl Barbier announced Monday Alabama and Louisiana may sue the oil company under general maritime law for punitive damage, negligence and product liability, but not for civil penalties under the Outer Continental Shelf Act as that is governed by federal law.
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NBA Players Reject Latest Deal, Season in Doubt

The National Basketball Association's season is major jeopardy and appears to be less likely than before. The players' union rejected the league's latest collective bargaining agreement compromise and completely disbanded.
Jerry Sandusky Will Not Plea Guilty

Penn State Faces Civil Suit Over Sandusky Scandal, Paterno Cover-up

Alleged victims of former PSU defensive coordinator Jerry Sandusky are working on civil suits against the university over the administration's failure to take action, and may feature individual suits against head coach Joe Paterno and officials Tim Curley and Gary Schultz. As more victims come forward, criticism of Paterno and Penn State following the grand jury report findings are growing.
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AT&T, U.S. argue over witnesses in antitrust trial

AT&T Inc complained on Wednesday that the Justice Department was too slow in telling who its witnesses would be as the government seeks to block the telecommunications giant's acquisition of rival T-Mobile USA.
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New Jersey Voters Pass Sports Betting Referendum

New Jersey voters have passed a referendum to allow sports betting. A majority of those who voted were in favor of allowing casinos and race tracks the chance to place sporting bets, provided that the federal government repealed laws currently restricting it to just four states.
Olympus's logo is seen through its waterproof housing at an electronics shop in Tokyo

Analysis: Olympus Scandal Puts Auditors Under Scrutiny

Olympus Corp's use of accounting tricks to hide big losses has raised questions about whether its auditors, the Japanese arms of global giants KPMG and Ernst & Young, should have done more to follow up on red flags.

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