A federal judge has rejected the United States' bid to dismiss a more than $25 billion lawsuit filed by ex-AIG CEO.» Read More
A Chinese antitrust probe into Microsoft's Windows web browser and media player is the latest of several government complaints against the firm.
A U.S. court on Monday threw out an order to seize some 1 million barrels of disputed Iraqi Kurdish crude oil from a tanker near Texas.
The Department of Veterans Affairs promised sweeping changes and ample contrition in prepared remarks to an inspector general's. USA Today reports.
Goldman said it would repurchase the securities sold to Fannie Mae and Freddie Mac over the 2005-2007 period.
The bank is one of only four institutions still being pursued by the FHFA, which sued 18 institutions in 2011, the FT reports.
Oregon's Attorney General says she's filed a lawsuit against Oracle over the state's troubled health insurance exchange.
The government issued a new rule and suggested another one Friday to address objections to the Obamacare contraception mandate.
Bank of America agreed to pay $16.65 billion to end investigations into mortgage securities that it sold in the run-up to the financial crisis.
The long-anticipated settlement is expected to consist of a penalty of $9.6 billion and a package of consumer-relief measures valued at $7 billion.
"It's definitely politics. It has nothing to do with justice or restitution to the innocent victims," former Wells Fargo chief Dick Kovacevich says.
Leaders are expected to agree that top banks must issue special bonds to increase the amount of capital which can be tapped in a crisis.
How much will Bank of America's expected $17 billion mortgage settlement cost the company? The answer is, almost certainly not that much.
Fund managers may face tougher scrutiny by regulators than planned after their lobbying against a first proposal backfired, sources said.
Christopher Finazzo was also ordered to forfeit more than $25 million and pay the company $13.7 million in restitution.
BofA reached a record $17 billion settlement over its role in the sale of mortgage-backed securities in the run-up to the 2008 financial crisis.
Consumers bring only 75 percent of recalled cars to be fixed, and the agency said it hopes the new tool will boost that rate.
The decision comes after a federal judge's ruling that there was no meaningful way to challenge the designation, a situation deemed unconstitutional.
Retailer Macy's has agreed to pay $650,000 to settle allegations of racial profiling at its flagship store in New York City.
Texas Gov. Rick Perry still looks strong for 2016 despite a phony Democratic indictment, says Larry Kudlow.
The US Treasury will need time to weigh potential actions to discourage companies from reducing their taxes by moving to other countries.
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