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  • Exclusive: New Twist In Bizarre Sex Case Tuesday, 3 Jun 2008 | 6:36 PM ET

    In an exclusive report CNBC’s Charlie Gasparino reveals new details in the sexual harassment case involving a former junior trader at SAC Capital...

  • Ex-Credit Suisse Banker Gets 10 Years Jail Sentence Saturday, 31 May 2008 | 7:32 AM ET

    A former Credit Suisse investment banker convicted of leaking inside information about pending mergers was sentenced to 10 years in prison by a federal judge Friday.

  • John F. Marshall spent decades teaching at business schools and watching his students parlay his lessons into fortunes on Wall Street. But when he and another professor reached for some of those riches themselves, events took a startling turn, the authorities say.

  • Merck Wins Appeals in Three Vioxx Cases Thursday, 29 May 2008 | 10:57 AM ET

    Appeals courts in New Jersey and Texas on Thursday scrapped verdicts against drug maker Merck stemming from some of the earliest trials involving its once popular painkiller Vioxx.

  • Sun Hung Kai Chairman Sues as Internal Rift Deepens Thursday, 15 May 2008 | 10:11 PM ET

    A power struggle at the top of Hong Kong's largest property firm intensified on Thursday after its chairman filed suit against his brothers to stop them firing him, according to the firm and court documents obtained by Reuters.

  • Bush Won't Veto Bill Halting Shipments to Oil Reserve Thursday, 15 May 2008 | 10:50 AM ET

    The White House said that President Bush would not veto a final bill from Congress that orders a halt to filling the Strategic Petroleum Reserve while oil prices are very high.

  • Subprime Mortgage Collapse Under Federal Probe Monday, 5 May 2008 | 5:42 AM ET
    Fed Cut and Mortgage

    Federal prosecutors in New York have formed a task force together with other government agencies to examine the collapse of the market for risky home loans, a spokesman for the U.S. Attorney's Office in Brooklyn said Monday.

  • Ebay's Lawsuit is Hypocritical, Says Craigslist Friday, 2 May 2008 | 5:48 AM ET

    Popular online classified site Craigslist accused minority shareholder eBay Thursday of suing Craiglist over the same business practices used by eBay itself.

  • EEOC Closes SAC Capital Female Sex Hormone Case Wednesday, 30 Apr 2008 | 12:44 PM ET

    The Federal Equal Employment Opportunity Commission has decided to close its investigation into charges made by a former junior trader at SAC Capital alleging that his supervisor had sexually assaulted him and forced him to take female hormones.

  • NY Judge Reserves Clear Channel Judgment Friday, 25 Apr 2008 | 6:43 AM ET

    A New York state judge on Thursday made no immediate ruling on a group of banks' request to dismiss a lawsuit seeking to force them to fund the $20 billion leveraged buyout of Clear Channel Communications.

  • US Regulators to Settle with Ex-Fannie Executives Thursday, 17 Apr 2008 | 10:23 PM ET

    U.S. federal regulators will announce a settlement on Friday with former Fannie Mae  executives over their alleged roles in a 2004 multibillion-dollar accounting scandal, a person familiar with the settlement said on Thursday.

  • AstraZeneca Shares Leap on Nexium Settlement Deal Tuesday, 15 Apr 2008 | 5:50 AM ET

    AstraZeneca has settled U.S. patent litigation against India's Ranbaxy Laboratories over its top-selling drug, ulcer pill Nexium, securing future sales and sending its shares soaring.

  • Hynix Shares Drop as US Jury Favors Rambus Wednesday, 26 Mar 2008 | 10:57 PM ET

    Shares in Hynix Semiconductor fell early after a U.S. jury patent verdict that favored Rambus in a trial between the U.S. technology developer and chip manufacturers including Hynix.

  • Bear Stearns

    Two U.S. pension funds have asked a Delaware court for an emergency order to stall JPMorgan Chase from moving forward with its takeover of Bear Stearns, a plaintiff's lawyer said on Tuesday.

  • Court Orders Starbucks to Pay Workers $106 Million Thursday, 20 Mar 2008 | 11:52 PM ET
    Starbucks

    A San Diego Superior Court Judge ordered coffee chain Starbucks to pay $87 million plus interest to workers who say that their tips unfairly had been shared with supervisors.

  • Attorney Weiss to Plead Guilty in Kickback Scheme Thursday, 20 Mar 2008 | 1:21 PM ET

    Prominent attorney Melvyn Weiss has agreed to plead guilty in a lucrative kickback scheme involving payments to plaintiffs in class-action lawsuits against some of the largest corporations in the nation.

  • Court Reverses Exxon Freeze on Venezuela Assets Tuesday, 18 Mar 2008 | 11:37 AM ET
    Venezuela, Venezuelan Flag

    A British judge has lifted a $12 billion freeze on Venezuelan assets awarded to U.S. oil major Exxon Mobil in a spat over a seized oil project.

  • Former Qwest CEO Nacchio to Get New Trial Monday, 17 Mar 2008 | 1:49 PM ET
    Former chief executive of Qwest Communications, Joe Nacchio, center, his wife Anne, left, and son Michael, right, arrive at the federal courthouse in Denver Wednesday, April 11, 2007, where the jury is expected to begin deliberation in Nacchio's insider trading trial.  (AP Photo/Ed Andrieski)

    A U.S. appeals court on Monday threw out all guilty verdicts against former Qwest Communications Chief Executive Joseph Nacchio, ordering a new trial in an insider trading case seen as a test of government attempts to squash corporate fraud.

  • Skilling Attorneys: Feds Withheld Key Evidence Saturday, 15 Mar 2008 | 10:13 AM ET

    Attorneys for jailed former Enron CEO Jeffrey Skilling say the government illegally withheld key evidence that would have proven he is innocent.

  • Fidelity anti-money laundering unit probed? Friday, 14 Mar 2008 | 9:56 AM ET

    A federal grand jury and the Securities and Exchange Commission have been investigating the anti-money laundering practices of Fidelity Investments, according to a report in the Boston Business Journal.