Topic: Laws and Legislation

Kleiner Perkins Caufield & Byers partner Ellen Pao is suing the venture capital firm for sexual harassment and discrimination, according to a lawsuit filed in California's Superior Court.

Mitt Romney and his party raised a sizable $40 million last month, but many donors who backed his primary election challengers have not come to his aid.

Former Goldman Sachs board member Rajat Gupta's insider trading trial began on Monday with the government saying it would call a former top Goldman banker and a current board member as two of its first witnesses.

The Securities and Exchange Commission has been getting tougher on insider trading on Wall Street, but its potential target may be too wide, The New York Times reports.

Mitt Romney raised almost as much money as President Obama last month, taking in more than $40.1 million in fundraising efforts for his campaign and the Republican Party.

Rep. Dave Camp steps up pressure to force action on a rewrite of the tax code, which both parties agree has become overly complicated and inefficient.

Fitch Ratings cut the bank's credit rating one notch to A-plus from AA-minus late on Friday, citing its recent disclosure of a massive $2 billion trading loss, the result of a failed hedging strategy.

Newly released footage from January 2011 shows Wisconsin Gov. Scott Walker describing a "divide and conquer" strategy for going after the state's public employee unions.

United States and British regulators have been in discussions with the bank for almost a month about the trading group that disclosed more than $2 billion in losses, The New York Times reports.

JPMorgan Chase’s $2 billion trading loss, which was disclosed on Thursday, could give supporters of tighter industry regulation a huge new piece of ammunition as they fight a last-ditch battle with the banks over new federal rules that may redefine how banks do business. The New York Times reports.

Mitt Romney counters a report suggesting he bullied high school classmates, insisting he didn't know some were gay.

U.S. Senator Richard Lugar, a 35-year veteran of the Senate and leading foreign policy voice, was defeated in the Indiana Republican primary by a Tea Party-backed challenger on Tuesday, the first Senate incumbent ousted in the 2012 election year.

House Speaker John Boehner told CNBC he would like to see a top tax rate of 25 percent and warned that the United States had no alternative but to reduce its $16 trillion debt.

Wynn Macau posted robust growth in the first quarter, helping to boost its parent group Wynn Resorts flagging Las Vegas revenue — underlining the incentive for CEO Steve Wynn to develop his business further in the bustling enclave off China's coast.

A court concluded Friday that Martin Marietta violated a nondisclosure agreement with larger rival Vulcan; Martin is now barred for four months from pursuing its proxy contest and hostile bid for Vulcan.