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Federal Judge Approves $25B Mortgage Pact

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A federal judge approved a $25 billion mortgage settlement with five top U.S. banks over allegations of foreclosure abuses and misconduct in servicing home loans, according to court documents.
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Merchant of Death

Viktor Bout, Alleged 'Merchant Of Death,' Faces Possible Life In Prison Today

Viktor Bout, a Russian national known as the Merchant of Death for his far reaching arms deals across the world will learn how long he will be in prison on Thursday. His defense attorneys have asked the judge to set him free while United States prosecutor said he should be locked up for the rest of his life.
An aerial view shows oil that seeped from a well operated by Chevron in the Frade Field, which is located off the coast of Rio de Janeiro.

Chevron Risks $22B As Brazil Files New Oil-Spill Suit

Chevron, the second-biggest U.S. oil company, and Transocean are facing a second civil lawsuit which doubles the amount they may have to pay for two oil leaks off the coast of Brazil.
A Ecuadorean Cleans Up The Amazon

Chevron Wins Small Victory In Fight Against Ecuador Ruling

The U.S. oil giant is engaged in a battle with Ecuadoran courts over $18 billion in environmental damages. While that saga continues, a judge in New York said Chevron doesn't have to pay a $21.8 million fine.
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$100 Million Sought as New Discrimination, Immigration Violations Complaint Filed against L&T

In a new twist to the class claims lawsuit against India-based conglomerate Larsen & Toubro and its U.S. subsidiary L&T Infotech, an amended complaint has been filed to include yet another former female employee of the company who has alleged gender and pregnancy discrimination, and has also outlined in detail massive immigration violations that the company was indulging in.
The latest deal with Paramount means Google has rental deals with five of the six major Hollywood studios, including Paramount, Warner Bros., Disney, Universal Pictures, and Sony Pictures. The lone exception is 20th Century Fox, which is owned by Rupert M

Google Strikes Deal With Paramount: YouTube To Add 500 Movie Titles For Rental

Google announced a new deal with Paramount Pictures on Tuesday, which will make more than 500 movie titles available for rental on YouTube and the new Google Play platform. The deal was made even though Google is still embroiled in a four-year-old legal battle over copyrights with Paramount's parent company, Viacom.

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