Government
CFTC Likely To Charge MF Global Execs Beyond Corzine: Legal Experts
The lawsuit that the U.S. Commodity Futures Trading Commission is considering filing against MF Global chief executive Jon Corzine would require the CFTC also to charge other former MF Global ...
Google Vindicated By EU Court Opinion On Search Results
Google must respect EU privacy law but is not obliged to delete sensitive information from its search index, an adviser to the highest European Union court said, in a case that tests whether people ...
Obama Takes On Power Plants As Part Of New Climate Plan
President Barack Obama tried to revive his stalled climate change agenda on Tuesday, promising new rules to cut carbon emissions from U.S. power plants and other domestic actions including support ...
U.S. Senators Push Bill To Scrap Fannie, Freddie In Favor Of Govt. Reinsurer
A bipartisan group of U.S. senators on Tuesday introduced a bill to abolish Fannie Mae and Freddie Mac and replace them with a government reinsurer of mortgage securities that would backstop private ...
Supreme Court Extends Ban on Suits Against Generic Drugs
The U.S. Supreme Court reinforced its bar on lawsuits by patients against generic-drug makers, overturning a $21 million award to a woman who suffered debilitating injuries after taking a generic ...
Big Business Chalks Up More Wins Over Class Actions at Supreme Court
In a series of rulings this year, the U.S. Supreme Court has steered a consistent course against consumers or small businesses that want to bring class action lawsuits against corporate defendants. ...
Former AIG CEO Greenberg Must Face N.Y. Suit Over Reinsurance
Former American International Group Chief Executive Maurice "Hank" Greenberg failed to persuade New York state's highest court to dismiss a lawsuit seeking to hold him accountable for sham ...S&P Mortgage Ratings Trial Sought by U.S. in February 2015
The U.S. Justice Department is seeking a trial in February 2015 in its lawsuit against McGraw Hill Financial Inc.'s Standard & Poor's unit over ratings on residential mortgage-backed securities. ...