Beauty and cosmetics company Avon will be in a criminal court hearing this week in Manhattan.» Read More
The former IMF chief admitted to a “moral failing” but denied he had sexually assaulted a New York hotel maid in a widely-anticipated interview on French television.
The tables may be turned on one former SEC official. He may soon be investigated by the Justice Department for a potential conflict in the Madoff case: He was responsible for the agency's proposal for victim compensation even though he had a financial interest in the outcome.
Regulators are nearing a settlement with Fannie Mae and Freddie Mac over whether the mortgage finance giants adequately disclosed their exposure to risky subprime loans, bringing to a close a three-year investigation. The New York Times reports.
Dominique Strauss-Kahn returned home to France on Sunday, for the first time since attempted rape accusations by a New York hotel maid unleashed an international scandal that dashed the former International Monetary Fund chief's chances for the French presidency.
The week's top business news and investment advice, including telecom and retail picks, with CNBC's Oriel Morrison.
How much do you know about the business side of the aerospace and defense industries? Take our quiz and find out.
With the government seeking to block AT&T's deal to buy T-Mobile, investors were scrambling Wednesday. Find out where the Fast traders see opportunity.
The Fast Money traders weigh in on the winners and losers in the Justice Department's decision to block AT&T's acquisition of T-Mobile, and CNBC's Jon Fortt with a look at the impact the scuttled merger will have on the rest of the wireless universe.
Eric T. Schneiderman, the attorney general of New York, has come under increasing pressure from the Obama administration to drop his opposition to a wide-ranging state settlement with banks over dubious foreclosure practices, the New York Times reports.
As part of a preliminary investigation into the growing News Corp. phone-hacking scandal, the U.S. Department of Justice is preparing subpoenas of the media company relating to its alleged hacking of voicemail of Sept. 11 victims and foreign bribery, according to the Wall Street Journal.
The hotel maid who accused former International Monetary Fund chief Dominique Strauss-Kahn of sexual assault remains on the payroll of New York's Sofitel Hotel, CNBC has learned from a source close to the investigation.
France is in shock again in the Dominique Strauss-Kahn saga, as in the latest twist of the story the Socialist politician and former head of the International Monetary Fund (IMF) could be cleared of accusations of sex crimes against a maid in a New York hotel.
The Justice Department, which has raised antitrust concerns about college football's Bowl Championship Series, will meet with the organization this summer.
Lenny Dykstra, an outfielder for the New York Mets and Philadelphia Phillies known by the nickname "Nails," has been indicted for bankruptcy fraud and embezzlement from the bankruptcy estate.
A top Justice Department official says a sweeping guilty verdict in a Florida mortgage fraud case adds another face to the financial crisis.
An estimated half million Americans have a painful decision to make between today and August 31 — admit to the IRS that they’ve been hiding secret offshore bank accounts, or take their chances the government won’t find out about their secret horde and possibly send them to jail.
Conflicts of interest, excessive risk-taking and failures of government oversight triggered the financial crisis and helped push the country into the deepest recession since the Great Depression, concludes a new report by the U.S. Senate.
Competition and AT&T's market share will be one of the major factors in approving the telecom firm's proposed $39 billion merger with Deutsche Telekom's T-Mobile, Federal Communications Commission Chairman Julius Genachowski told CNBC Tuesday.
The Department of Justice said Thursday that it is seeking an order from a federal court in San Francisco to authorize the IRS to ask for information from the global bank HSBC about Americans who may be hiding money in offshore accounts in India to dodge taxes.
Fund manager Raj Rajaratnam made $1 million in two minutes of frantic calls after receiving an inside tip about a big investment in Goldman Sachs at the height of the financial crisis, prosecutors said this week at the Galleon founder's insider trading trial.