Hedge fund billionaire John Paulson off the hook? In a letter from Fabrice Tourre's lawyers, it said Paulson will no longer be called to testify as a witness in the trial.
For a variety of reasons, most economists take a dim view of how effective an entertainment boycott of Florida would be.
Hedge fund SAC Capital pleads not guilty to fraud charges at a court hearing on Friday with the next court appearance scheduled for September 24.
Halliburton has agreed to plead guilty to destroying evidence related to the 2010 Gulf of Mexico oil spill, the U.S. Department of Justice said on Thursday.
In 2002, Big Five accounting firm Arthur Andersen was indicted on obstruction charges in the SEC's Enron investigation. Its conviction was overturned, but Andersen is long gone.
U.S. prosecutors said Thursday they have launched the country's largest hacking fraud case and charged six men with credit card theft.
Borrowing for tuition, housing and books would be less expensive for college students and their parents this fall but the costs could soon start climbing under a bill the Senate passed overwhelmingly Wednesday.
As U.K. Internet surfers prepare for major changes to the availability of online porn, U.S. porn companies are scrambling to determine the consequences for their bottom lines.
Glaxo's problems may go beyond the sales practices that are currently at the center of a bribery and corruption scandal in China. They may extend to its Shanghai research and development center.
The Securities and Exchange Commission's civil case against SAC Capital founder Steve Cohen is not that strong, two former SEC enforcement attorneys tell CNBC.
SAC Capital gave its employees a rebuttal to government allegations that CEO Steven Cohen failed to take effective measures to prevent insider trading.
Morgan Stanley, Goldman Sachs and JP Morgan have become major merchants of metals and energy. Now a Senate panel is going to investigate whether this is dangerous for the American economy.
A few days after SAC Capital's Steve Cohen gets snared in the SEC's insider trading net, the NetNet TV gang debates whether the war against insider trading is a mistake.
An energy trading firm is being charged with manipulating markets through "spoofing," an increasingly frequent scheme in which false bids are submitted and then pulled back
The U.S. commodities market regulator has put Wall Street banks and other big traders on notice for a possible investigation of their metals warehousing practices.
The SEC had hoped to use testimony from Paolo Pellegrini to support its case against Fabrice Tourre, charged with defrauding investors, but Pellegrini testified the opposite.
Makers of electronic cigarettes are enjoying a booming market as they keep an eye on the Food and Drug Administration, which is expected to release proposed regulations this fall.
The CTFC voted Friday to allow U.S. banks operating overseas to be governed by foreign rules in some cases.
Executives of British drug maker GlaxoSmithKline in China have confessed to charges of bribery and tax law violations, China's security ministry said on Thursday.
China is using "concerted" probes of foreign baby formula, pharmaceutical and packaging companies to bolster domestic firms, according to observers.