The White House dismissed the legal defeat as "interesting to legal theorists," but House Speaker John Boehner said it's further proof that Obamacare "is completely unworkable."» Read More
CNBC's Phil LeBeau reports on the criminal probe by the Justice Department on General Motor's faulty ignition switch which lead to at least 13 deaths and 31 accidents.
WASHINGTON, May 14- Six U.S. senators have asked the Federal Trade Commission and the Department of Justice to look at what they termed the anti-trust and anti-consumer implications of Pfizer's Inc potential takeover of UK's AstraZeneca PLC.
Sallie Mae has reached a $60 million settlement with the government to resolve allegations that it overcharged military service members.
WASHINGTON, May 9- Swiss asset management firm, Swisspartners Group, agreed to pay $4.4 million to the United States to settle a probe over whether it helped U.S. taxpayers evade their federal income taxes, the U.S. Department of Justice announced on Friday.
CNBC's Eamon Javes reports Attorney General Eric Holder has posted a video message on the DOJ's website stating there is no such thing as too big to jail.
Attorney General Eric Holder said the agency is progressing toward criminal charges against banks.
WASHINGTON, May 1- The online auction company eBay Inc has settled a lawsuit with the U.S. Justice Department by agreeing to refrain from making deals with other technology companies to not poach employees, according to court papers filed on Thursday.
In August, the U.S. Justice Department sued to block the merger of AMR Corp and US Airways, saying it would hurt consumers by leading to higher airfares. Several states including Arizona and Texas joined the lawsuit, filed in U.S. District Court for the District of Columbia.
WASHINGTON, April 16- Bank of America Corp has held talks with the U.S. Justice Department to resolve a civil fraud probe into Merrill Lynch's sale of flawed mortgage securities ahead of the financial crisis, people familiar with the negotiations told Reuters.
With rising food rates and an increase in food imports, food fraud is a growing problem that costs the industry up to $15 billion a year.
WASHINGTON, April 11- Nine people have been charged in an alleged international conspiracy that used malicious software to gather bank account details and use the information to steal millions of dollars, including from accounts held at a Nebraska bank, the Department of Justice said on Friday.
WASHINGTON, April 10- Three men have been indicted on charges that they defrauded a federal telephone subsidy for low-income Americans of $32 million, the first such criminal prosecution in the Lifeline program, the Justice Department said on Thursday.
WASHINGTON, April 10- Three men have been indicted on charges that they bilked $32 million from a federal program that subsidizes cell phones for poor Americans, the first such criminal fraud prosecution in the Lifeline program, the Justice Department said on Thursday.
WASHINGTON, April 9- The U.S. Senate on Wednesday overwhelmingly approved the nomination of Justice Department official Terrell McSweeny to be the third Democratic commissioner on the five-member Federal Trade Commission. "We are delighted that the Senate has confirmed Terrell McSweeny to serve as an FTC Commissioner.
PROVIDENCE, April 8- The U.S. Justice Department and Rhode Island on Tuesday agreed that federal officials will ensure that developmentally disabled residents of the New England state have the opportunity to work at real jobs where they earn at least minimum wage.
CNBC's Eamon Javers reports on Attorney General Eric Holder's investigation into high-frequency trading.
WASHINGTON, April 4- The United States has extradited a former executive of an Italian marine hose manufacturer to face price-fixing charges in what the Justice Department said was its first extradition on antitrust charges.
James Stewart, New York Times columnist, shares his thoughts on the Justice Department's investigation into high-frequency trading to determine if it violates insider trading laws. I think it's going to be difficult to make criminal charges out of this but I welcome the investigation, says Stewart.
Attorney General Eric Holder is investigating high-frequency trading to determine if it violates insider trading laws, reports CNBC's Eamon Javers.
WASHINGTON, March 22- Federal authorities are investigating whether General Motors hid an ignition switch defect when it filed for bankruptcy in 2009, The New York Times reported on Saturday. The automaker cannot comment specifically on the Justice Department investigation, spokesman Greg Martin said in an email on Saturday.