One cybersecurity expert says the more technologically "plugged in" you are, the more vulnerable you are to identity theft. CNBC's Scott Cohn has the story.» Read More
The intervention by intelligence chiefs came as Attorney General Eric Holder confirmed that the Justice Department was investigating the massive hacking of consumer data from No. 3 U.S. retailer Target Corp during the holiday shopping season late last year.
Attorney General Eric Holder confirmed on Wednesday that the Justice Department was investigating the massive hacking of consumer data from retailer Target Corp during the holiday shopping season.
WASHINGTON, Jan 27 (Reuters)- U.S. technology companies may give the public and their customers more detail about the court orders they receive related to surveillance under an agreement they reached on Monday with the Obama administration.
WASHINGTON, Jan 27- The Obama administration and major U.S. technology companies have struck a deal that would allow the companies to tell the public in greater detail about the spying-related court orders they receive, the Justice Department said on Monday.
The U.S. government will soon issue regulations opening banking services to state-sanctioned marijuana businesses despite being illegal federally.
In an interview with MSNBC scheduled to be broadcast on Friday, Holder cited the case against JPMorgan Chase& Co, which in November agreed to a civil settlement under which it would pay $13 billion to end a series of government investigations into its marketing and sale of mortgage-backed securities.
WASHINGTON, Jan 17- President Barack Obama announced a series of measures on Friday aimed at curbing the monitoring activities of the National Security Agency in the wake of revelations by former U.S. spy contractor Edward Snowden that prompted an international and nationwide outcry.
WASHINGTON, Jan 17- President Barack Obama banned U.S. eavesdropping on the leaders of close friends and allies on Friday and began reining in the vast collection of Americans' phone data in a series of reforms triggered by Edward Snowden's revelations.
Dec 20- Ally Financial Inc agreed to pay $98 million to settle allegations by federal regulators that it discriminated in auto lending by charging minority borrowers higher interest rates than white borrowers.
Dec 17- The U.S. Justice Department is preparing to file civil fraud charges against Citigroup Inc and Bank of America's Merrill Lynch unit over their sale of flawed mortgage securities ahead of the financial crisis, according to people familiar with the probes.
Our anchors, reporters and editors make their boldest predictions yet to keep you apprised of what may be in store in the year ahead.
With the markets and the economy rebounding and the tide rising, will white collar watchdogs get a rest in 2014?
WASHINGTON, Dec 4- The record fines handed down by EU authorities on Wednesday for rigging financial benchmarks are unlikely to be the last action on a subject that has become a major liability for banks, U.S. Attorney General Eric Holder said on Wednesday.
WASHINGTON, Dec 4- The U.S. Justice Department plans to bring civil mortgage fraud cases against several financial institutions early in 2014, using as a template the case that ended last month in JPMorgan Chase& Co's $13 billion settlement, U.S.
NEW YORK, Nov 25- The parent company of American Airlines on Monday asked a bankruptcy court to approve a settlement with U.S. regulators that would allow it to merge with rival US Airways Group and create the world's largest airline.
*JPMorgan says did not admit to violating any laws. NEW YORK/ WASHINGTON, Nov 19- In late September, JPMorgan Chief Executive Jamie Dimon walked into the office of U.S.
WASHINGTON/ NEW YORK, Nov 19- JPMorgan Chase& Co admitted it regularly overstated the quality of mortgages it sold to investors and agreed to pay a record $13 billion to resolve related charges, federal officials said on Tuesday.
The bank and the U.S. Department of Justice have been trying for weeks to complete the deal, which was tentatively reached after JPMorgan CEO Jamie Dimon went to Washington to meet U.S.
Some of the world's biggest banks, including Barclays Plc, UBS AG and Royal Bank of Scotland Group Plc, have already paid billions of dollars in penalties and entered into such agreements to resolve charges that their traders worked to manipulate the Libor benchmark and other interest rates to favor their own positions.
Nov 13- A top executive at JPMorgan Chase& Co said on Wednesday that the bank continues to seek a final agreement with the government on a tentative settlement over liabilities for mortgage securities sold before the financial crisis.