April 17- Pfizer Inc was cleared of liability on Friday in the first lawsuit to go to trial of more than 1,000 filed across the United States alleging that its antidepressant Zoloft can cause birth defects, a company spokeswoman said. Plaintiff Kristyn Pesante claimed that Pfizer failed to warn that using Zoloft during pregnancy could cause birth defects, and...» Read More
Internal company documents show that at least twice, the Remington Arms Company considered a nationwide recall of its popular 700 series rifles, but decided against it despite thousands of complaints and dozens of lawsuits over inadvertent discharges.
At the heart of the decades-long controversy over the Remington 700 series is a piece of metal that is roughly the length of a paper clip.
Was the great securitization machine that made hundreds of billions of dollars in mortgage loans based on a legal foundation of sand? The NYT asks.
The two men worked out how the computerized system would react to certain trading patterns – allowing them to influence the price of low-volume stocks. The FT reports.
Citigroup was accused in a lawsuit Wednesday of using companywide layoffs during the recent financial turmoil to purge its work force of scores of female employees to save the jobs of less-qualified men.
Just days after being awarded a coveted fourth star by The New York Times, the Mario Batali-helmed restaurant Del Posto is contending with a lawsuit filed by 27 workers who say they weren't paid a legal wage.
Back East, at the corner of Broad and Wall Streets, the view is swell. The Dow is soaring, and bankers look pleased. But here on East Broad Street, in Ohio, the mood is gloomier. The NYT reports.
In recent years, some 20,000 people have turned to American Tax Relief after seeing the company’s advertisements on television where actors portraying clients say the company reduced their back taxes , reports the New York Times.
In what may be the most hilarious spoof of America's obsession with victimization and litigation, Foo Fighters front man Dave Grohl is "suing" glam rock band Scissor Sisters for $75 million.
Microsoft is suing Motorola for infringing on its smart-phone patents.
Men have finally wised up to the need for a prenuptial agreement, but after the recession, women are increasingly learning the joys of being protected — you know, just in case.
A new breed of apple has been a hit with consumers lucky enough to find it. Cindy and Frank Femling, however, are among the growers who fear it could put them out of business.
Richard X. Bove is a bank analyst who likes to take what he calls “extreme positions.” He occasionally moves the stock market, which has earned him a certain amount of prestige and notoriety — but has also gotten him fired several times. The New York Times reports
U.S. investigators are widening their probe of alleged kickbacks paid to Russian authorities by employees of a Hewlett-Packard subsidiary in Germany.
A top federal prosecutor in New York will on Thursday declare another front in the war on Wall Street fraud, focusing new resources on civil litigation to complement existing criminal actions.
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Flaws in flight simulator training helped trigger some of the worst airline accidents in the past decade, according to a USA TODAY analysis of federal accident records.
Seven-time Cy Young award winner Roger Clemens arrived at the courthouse nearly four hours early for a hearing to face charges of lying to Congress about whether he used steroids or human growth hormone.
Federal investigators are hearing testimony from BP executives in a joint probe into the cause of the explosion that led to the massive oil spill in the Gulf of Mexico.
Federal authorities have decided to indict Roger Clemens on charges of making false statements to Congress about his use of performance-enhancing drugs, reports the New York Times