WASHINGTON— A private spacecraft company run by billionaire Elon Musk has dropped a lawsuit alleging the U.S. Air Force improperly awarded a contract to launch military satellites to a joint venture between Boeing and Lockheed Martin. Musk's SpaceX filed the lawsuit in the U.S. Court of Federal Claims in April after Boeing Co. and Lockheed Martin Corp. landed...» Read More
A U.S. federal appeals court Thursday threw out planned federal fuel economy standards for many sport-utility vehicles, minivans and pickup trucks.
Yahoo has settled a lawsuit alleging it aided China's prosecution of several dissidents, in a case that prompted criticism of the company for cooperating with an authoritarian government.
Google faces a federal patent infringement lawsuit by Northeastern University over technology used in its core Web search system, according to legal papers filed last week.
The European Union's consumer chief dispelled industry fears on Saturday that she intends to introduce U.S.-style class action lawsuits across the bloc next year as part of her strategy to strengthen consumer rights.
Merck has agreed to pay $4.85 billion to settle claims that its painkiller Vioxx caused heart attacks and strokes in thousands of users, the drugmaker said Friday.
Visa has tentatively agreed to pay American Express a record $2.25 billion to settle a three-year-old antitrust case, CNBC has learned.
Television bounty hunter Duane "Dog" Chapman, who had his reality show taken off the air after getting caught using a racial slur, will not be extradited to Mexico to face a pending appeal of kidnapping charges against him, a judge has ruled.
Former Countrywide Financial Vice President Quan Zhu agreed to pay $108,840 to settle insider trading charges, the U.S. Securities and Exchange Commission said on Monday.
William Lerach, a former partner at a prestigious New York law firm, pleaded guilty Monday to conspiracy for his role in a scheme to bribe people to become plaintiffs in lucrative class-action lawsuits.
A U.S. securities regulator Tuesday warned investors to be wary of scams touting huge potential profits from energy-related stocks, when the onlypeople likely to make money are those running the schemes.
An assistant to hedge fund manager Seth Tobias, who died suddenly last month at age 44, told CNBC he has evidence that Tobias was murdered.
The co-founder of a prestigious New York law firm and two co-defendants pleaded not guilty Monday to federal charges related to a major class-action kickback scheme.
The Supreme Court rejected Monday an appeal by Microsoft and Best Buy of a ruling that reinstated a lawsuit by the electronics retailer's customers who claimed to have been improperly charged for Microsoft's MSN Internet service.
Sexual harassment cases are nothing new on Wall Street, but CNBC has uncovered new details of one of the most salacious cases to hit a big trading house in a long time.
On Tuesday, the U.S. Supreme Court is hearing an case that some say may alter the landscape of investing. The outcome potentially could strengthen shareholder confidence -- or stifle investment markets.
A major power generator agreed in a court settlement Tuesday to spend $4.6 billion to reduce chemical emissions blamed for spreading smog and acid rain across the Northeast.
On Oct. 9, the U.S. Supreme Court will hear a case that some say may open the flood gates to a tidal wave of investor lawsuits. Legal experts joined CNBC to debate both sides of the issue.
New York City Mayor Michael Bloomberg was the victim of identity theft, according to the New York County District Attorney's office.
A federal jury decided Madison Square Garden and its chairman must pay $11.6 million in damages to former New York Knicks executive Anucha Browne Sanders in her sexual harassment lawsuit.
Texas oilman Oscar Wyatt pleaded guilty Monday to conspiracy to commit wire fraud, one of five counts against him for his role in the U.N. oil-for-food scandal.