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  • WASHINGTON, Dec 8- A U.S. judicial panel said Tuesday that up to 451 civil lawsuits filed against Volkswagen AG over use of software to evade emissions limits will be heard by a federal judge in California. District Judge Charles Breyer in northern California, after VW and the Justice Department had urged that the cases be heard in Detroit. The panel noted that 101...

  • STOCKHOLM, Dec 7- Shares in Sweden's Electrolux slumped more than 10 percent on Monday after a $3.3 billion deal to buy General Electric's appliance business fell through. But the U.S. Department of Justice said the deal would reduce competition and drive up prices, and asked a federal court in July to stop it from going ahead. "It is a major disappointment for...

  • Chicken of the Sea and Bumble Bee Foods ditch merger

    The two abandon plans to combine after the Department of Justice voiced antitrust concerns.

  • JUSTICE DEPT ATTORNEY GENERAL LORETTA LYNCH SAYS US IS WORKING TO EXTRADITE JUAN ANGEL NAPOUT, ALFREDO HAWIT FOLLOWING THEIR ARRESTS IN SWITZERLAND.

  • WASHINGTON, Dec 2- AB Electrolux's deal to buy General Electric Co's appliance business will tie together two companies facing stiff competition from Asian competitors and be good for consumers, Home Depot Inc executive Bob Baird testified in U.S. federal court on Wednesday. The Justice Department is asking a judge to stop Sweden's Electrolux, which makes...

  • CNBC update: Rubio TV ads to debut, focusing on ISIS Monday, 23 Nov 2015 | 11:30 AM ET
    CNBC update: Rubio TV ads to debut, focusing on ISIS

    CNBC's Sue Herera covers the top stories of the day, including Russian airstrikes on Syria.

  • WASHINGTON, Nov 19- AB Electrolux's CEO argued on Thursday that his company should be allowed to buy General Electric's appliance business despite documents describing a consolidated U.S. market, saying the GE deal would not push up prices for consumers. The Department of Justice asked a federal court in July to stop Sweden's Electrolux, which makes...

  • WASHINGTON, Nov 19- Two companies involved in the deadly 2012 explosion of an oil platform in the Gulf of Mexico have been indicted on federal charges of involuntary manslaughter, the U.S. Justice Department said in a statement on Thursday. Black Elk Energy Offshore Operations LLC and Grand Isle Shipyards Inc. were charged on Thursday with three counts of...

  • Nov 17- USPlabs, which sold the best-selling workout supplement Jack3d, and six of its executives face criminal charges for the unlawful sale of nutritional supplements, the U.S. Justice Department said Tuesday in announcing a larger probe by federal agencies aimed at stemming the sale of unproven products. The indictment says that USPlabs LLC used a...

  • US JUSTICE DEPT ANNOUNCES LAWSUITS AGAINST MAKERS AND MARKETERS OF NUTRITIONAL SUPPLEMENTS, INCLUDING USPLABS WHICH MAKES JACK3D.

  • Nov 17- Federal agencies including the Department of Justice and the health and anti-trust regulators will announce on Tuesday criminal and civil actions related to unlawful advertising and sale of dietary supplements. Shares of dietary supplement makers GNC Holdings Inc were down 20 percent, while those of Vitamin Shoppe fell nearly 8 percent and...

  • DOJ sues to stop United 'monopoly' at Newark Airport Tuesday, 10 Nov 2015 | 11:15 AM ET
    DOJ sues to stop United 'monopoly' at Newark Airport

    The Justice Department plans to file an antitrust lawsuit to stop United from forming a "monopoly" at Newark Airport, reports CNBC's Sue Herera.

  • Nov 6- The former chief executive of TierOne Bank, a publicly traded lender in Lincoln, Nebraska that failed in June 2010, was convicted on Friday for concealing loan and real estate losses during and after the financial crisis, the U.S. Department of Justice said. A federal jury in Lincoln found Gilbert Lundstrom, 74, guilty on 12 of the 13 counts he faced, including...

  • Nov 5- A Scottish man was indicted on Thursday by a federal grand jury in San Francisco for allegedly sending fake tweets about two companies to drive down their stock prices, and then making trades in an effort to profit from the volatility, federal prosecutors said. The U.S. Department of Justice said James Alan Craig in January 2013 set up Twitter accounts...

  • Anthony Allen, Rabobank's former global head of liquidity and finance, and Anthony Conti, a former senior trader, were found guilty by a federal jury in Manhattan on all counts of conspiracy and wire fraud counts they faced. The verdict marked a victory for the U.S. Justice Department, which brought charges against the British citizens a year after the...

  • WASHINGTON, Nov 5- AB Electrolux is not in settlement talks with the U.S. Justice Department on its bid for General Electric's appliance business, a lawyer for Electrolux said on Thursday as the two sides prepared for a trial starting next week. The United States asked a federal court in July to stop Electrolux, which makes Frigidaire, Kenmore and Tappan...

  • Takata fined $70 million: Dow Jones Tuesday, 3 Nov 2015 | 11:13 AM ET
    Takata fined $70 million: Dow Jones

    According to Dow Jones, the Justice Department will fine Takata $70 million for air bag lapses. CNBC's Phil LeBeau reports the latest developments.

  • WASHINGTON/ BEIJING, Nov 2- The Federal Communications Commission and the Justice Department are investigating a California firm whose U.S. radio broadcasts are backed by a subsidiary of the Chinese government, officials said. Both investigations come in response to a Reuters report published on Monday that revealed the existence of the covert radio...

  • WASHINGTON/ BEIJING, Nov 2- The Federal Communications Commission and the Justice Department are investigating a California firm whose U.S. radio broadcasts are backed by a subsidiary of the Chinese government, officials said. Both investigations come in response to a Reuters report published on Monday that revealed the existence of the covert radio...

  • Vertex, Mylan, CVS subpoenaed by federal agencies Friday, 30 Oct 2015 | 6:00 PM ET

    Oct 30- Vertex Pharmaceuticals Inc said it received a subpoena from the U.S. Department of Justice in the third quarter, seeking documents related primarily to its "good laboratory practices" in a bioanalytical lab. Separately, drugmaker Mylan NV and drugstore chain CVS Health Corp said in their quarterly filings that they had also received subpoenas from...