Is Apple fighting the U.S. Department of Justice’s antitrust lawsuit because the charges are bogus or is the Cupertino-based tech company just trying to clear Steve Jobs’ name

By P.J. Huffstutter May 18 (Reuters) - Texas has joined the crowd of Gulf of Mexico states to file suit against BP Plc, Halliburton Co and others for their role in one of the worst oil spills in U.S. history. ...

SAC Capital to Limit Cooperation on Probe

(Reuters) - A federal judge has revived a closely watched lawsuit accusing JPMorgan Chase & Co of misleading Belgian-French bank Dexia SA into buying more than $1.6 billion (1 billion pounds) of troubled ...

SAC Capital Advisors LP, Steven Cohen’s $15 billion hedge-fund firm, told investors it’s no longer cooperating unconditionally with the U.S. government’s insider-trading investigation.

(Updates with NTSB comment) By Lisa Barron May 17 (Reuters) - Passengers aboard a high-speed commuter ferry that crashed while docking near Wall Street in January have filed 37 lawsuits against boat owner ...

The company is suggesting the $14 billion in total would damage BP permanently and may even leave it vulnerable to a takeover.

SAC Capital Advisors reportedly told investors Friday its cooperation with an insider-trading probe is no longer unconditional.

SAC Capital Advisors, the hedge fund owned by the billionaire investor Steven A. Cohen, told its investors on Friday that it would no longer cooperate unconditionally with the government’s insider trading ...

Ming Chao Zhao, a former Bank of Montreal analyst, admitted to engaging in insider trading over an 18-month period and agreed to pay about C$1.19 million ($1.16 million) to settle the case, according to ...

The federal government says a New York City company has been processing fish under unsanitary conditions. The accusation was made in a lawsuit filed on Friday against N.Y. Fish Inc. The suit alleges that ...

Ericsson AB, the world’s largest maker of wireless networks, agreed to settle an intellectual- property dispute with software maker Airvana Networks Solutions Inc., according to a court filing.

The deadline for claims against BP Plc in connection with the 2010 Gulf of Mexico oil spill is 11 months away, but the man responsible for paying the claims said on Thursday he is already bracing for a ...

Elena Ambrosiadou, co-founder of Ikos Asset Management Ltd., won a U.K. court case brought by her estranged husband, Martin Coward, over who owns the computer software that runs the hedge fund’s trading ...

Chanel Preston knows not everyone approves of her chosen profession. That's one of the risks that go with being one of the biggest stars in porn. But she never thought it would affect her ability to open ...

MUMBAI (Reuters) - The Competition Commission of India (CCI) on Friday ordered some of India's biggest cement manufacturers to pay 6 billion rupees in fees while it hears their appeal against a penalty ...

The SEC could fund itself from the administrative and transaction fees it collects each year. Not to mention the fines. Why doesn't it?  Report: SEC, Nasdaq Near Record $10M Settlement Over Flubbed Facebook ...

By Foo Yun Chee BRUSSELS (Reuters) - EU antitrust regulators have given some of Google's (GOOG.O) rivals more time to study its proposals to settle anti-competitive complaints, which could provide more ...

CMS Energy announced that on May 15, the Michigan Public Service Commission approved a partial settlement agreement in Consumers Energy Company’s electric rate case, increasing Consumers Energy Company's ...

Schwab Eliminates Class-Action Waiver Requirement for Clients

The former CEO of Tuesday Morning has filed a discrimination lawsuit under provisions of the Texas Commission on Human Rights Act after she was fired last year within months of revealing her battle with ...

Acacia Research announced that its Brandywine Communications Technologies subsidiary has entered into a license and settlement agreement with Mitel Network Corporation. This agreement resolves patent litigation ...

(Recasts on details from court, adds background) MUMBAI, May 17 (Reuters) - An Indian tribunal on Friday ordered some of the country's biggest cement manufacturers to pay 6 billion rupees ($109 million) ...

Financial regulators are taking a harder line on exchanges amid concerns over their ability to police the markets they operate, as the SEC prepares to hit one with a record penalty. The deeper scrutiny ...

Dow Chemical Told to Pay $1.2 Billion

Pilot Truck-Stop CEO Pleads: Don't Sue Us

Dow Chemical to Appeal $1.2 Billion Judgment in Price-Fixing Case

NEW ORLEANS (Reuters) - The deadline for claims against BP Plc in connection with the 2010 Gulf of Mexico oil spill is 11 months away, but the man responsible for paying the claims said on Thursday he ...

By Jed Horowitz (Reuters) - Charles Schwab Corp has temporarily reversed its requirement that clients waive their right to bring class-action lawsuits, adding a new twist in a battle closely watched by ...

Computer Sciences Corp. agreed to pay $97.5 million to settle a class-action lawsuit over alleged false statements about accounting and the company’s performance on a multibillion-dollar contract.

NEW ORLEANS (Reuters) - The deadline for claims against BP Plc in connection with the 2010 Gulf of Mexico oil spill is 11 months away, but the man responsible for paying the claims said on Thursday he ...

James Cox, a professor of securities law at Duke University, discusses the sharply worded opinion of Judge Richard A. Posner of the U.S. Court of Appeals for the Seventh Circuit, throwing out a proposed ...

All Business Briefs

Shareholders Approve Pay at Schwab

Shares of Amyris Inc. fell Thursday after a law firm said it has filed a federal securities class action lawsuit against the company, saying Amyris misled investors about its production capabilities. THE ...

Yahoo Inc. said Thursday that a court in Mexico granted the company's appeal and reversed a ruling that could have cost it $2.75 billion. The court had decided against Yahoo and Yahoo Mexico last year ...

Ticketmaster has agreed to settle claims for up to $23 million over a lawsuit affecting more than a million people who, after buying a ticket online, were enrolled in a rewards program that cost $9 a month ...

Patriot Coal Corp. can pay $6.9 million in bonuses to key employees, a judge said, rejecting a union’s claims that the payments wrongly benefit corporate insiders.

Wal-Mart Stores Inc. can’t block investors from using publicly disclosed internal files in lawsuits that claim directors failed to properly oversee executives accused of bribing Mexican officials, a judge ...

Three Ohio Ford owners have filed a lawsuit against Ford, alleging defects in 3.5-liter V6 EcoBoost engines. It was the second lawsuit in as many months, The Associated Press says. In April, car owners ...

Former Education Official Faces Federal Investigation

Morgan Stanley was sued by a Birmingham, Alabama, medical center over claims the bank received improper payments from ING Life Insurance and Annuity Co. in exchange for referral of retirement-investment ...

Investment firm Chelsea Financial Services has agreed to repay more than $262,000 lost by Montana investors' accounts because a salesman was making unauthorized trades and collecting commissions. Montana ...

Canada’s Supreme Court dismissed Eli Lilly & Co.’s request to appeal a federal court decision that invalidated its Canadian patent for schizophrenia drug Zyprexa.

Dow Chemical to Appeal Judgment

Google, Activision Blizzard And Groupon Await Justice

* China says to take action if EU opens telecoms trade case * Would be first Commission case without company complaints By Ethan Bilby BRUSSELS, May 16 (Reuters) - China threatened on Thursday to retaliate ...

By Tom Bergin LONDON (Reuters) - Google Inc faced angry questions on Thursday from British lawmakers investigating its tax affairs and whether it had misled Parliament in testimony last year, adding fuel ...