Get rid of FIFA and start over, says brand strategist David Melancon, CEO of BTR.» Read More
The U.S. Department of Justice charged former controller Kevyn Rakowski and former chief credit officer William North with three criminal counts of making false statements to the Federal Reserve, and one criminal count of making false statements to the Securities and Exchange Commission. The SEC brought related civil charges against both men, and also...
Former SEC Chairman Harvey Pitt says the chances are "high" for a repeat of the 2010 "flash crash."
NEW YORK, May 5- JPMorgan Chase& Co said on Tuesday it is in "advanced stages" of settlement talks with the U.S. Department of Justice and Federal Reserve over previously disclosed investigations into its foreign exchange trading. The company gave the description of the talks in a quarterly filing with the U.S. Securities and Exchange Commission on Tuesday.
The Justice Department wants us to admit fraud and we're not going to do that, says Quicken Loans Chairman Dan Gilbert, weighing in on the DOJ's probe of the company and other large lenders.
Quicken Loans Chairman Dan Gilbert, talks about the process of rebuilding the Motor City.
Lowe's is halting sales of some of its Chinese-made laminate flooring "out of an abundance of caution" as it may have issues with formaldehyde.
April 30- U.S. drug wholesaler McKesson Corp said it settled with several federal agencies, including the Department of Justice, claims alleging suspicious order reporting practices for controlled substances. The suspensions will not result in supply disruptions to any customer, McKesson said in a regulatory filing on Thursday. McKesson said it had already...
The idea that cable firms can stop the natural trend in customer behavior toward online video is ridiculous, Rob Marcus tells CNBC.
The man who blew the whistle on Americans hiding money in UBS Swiss bank accounts got more than $100 million for his efforts, reports CNBC's Eamon Javers.
Former banker and whistleblower Bradley Birkenfeld tells how he came to be the man who ended the tradition of bank secrecy.
Bradley Birkenfeld talks publicly for the first time about getting the $104 million whistleblower award and says it proves the DOJ was wrong to throw him in jail.
Bradley Birkenfeld, who is already the highest paid whistleblower in history, says he and his lawyers are pushing for more money.
Bradley Birkenfeld says not one of the names he gave the Department of Justice years ago has been indicted and served prison time for tax evasion. Although his client, Igor Olenicoff, pled guilty to a felony charge, he was not indicted. Birkenfeld says the Department of Justice is "aiding and abetting a crime."
Embattled Lumber Liquidators says the Justice Department has informed the company it is seeking criminal charges over its foreign sourcing.
CNBC's Scott Cohn provides an update on the investigation into Lumber Liquidators by the Department of Justice.
*Lynch takes over after protests in Baltimore. *Justice Department is probing use of excessive force. Lynch, 55, takes over as the country's top law enforcement official after a weekend that saw thousands of people in Baltimore take to the streets in mostly peaceful protests over the latest such case.
CNBC's John Harwood reports highlights from the White House correspondents' dinner.
*Lynch takes over after protests in Baltimore. *Justice Department is probing use of excessive force. Besides the death of Freddie Gray in Baltimore, other questionable encounters between police and black males in recent months have led to unrest in South Carolina, Missouri, Ohio and New York.
A series of meetings at the Justice Department earlier in the week led to the decision by Comcast to drop the deal with Time Warner Cable.
CNBC's David Faber reports Charter Communications is interested in continuing its "halted pursuit" of Time Warner Cable.