Government Agencies Justice Department

  • *Exxon drops on report of NY AG investigation. Sept 16- Wall Street was set to open lower on Friday, in tandem with oil prices, and as financial stocks came under pressure after the U.S. Department of Justice proposed a massive $14 billion fine on Deutsche Bank. The settlement proposal, made during negotiations between the U.S. Department of Justice and Deutsche Bank...

  • *Deutsche fine weighs on bank stocks. Sept 16- U.S. stocks were lower Friday afternoon as Deutsche Bank's mammoth $14 billion fine weighed on financial stocks, especially on the big Wall Street banks. The far bigger-than-expected penalty was levied by the U.S. Department of Justice to settle claims that the German bank missold mortgage-backed securities.

  • *Deutsche fine weighs on bank stocks. Sept 16- Wall Street was near session lows late on Friday morning as Oracle led a decline in tech stocks and financials came under pressure in the wake of Deutsche Bank's mammoth $14 billion fine. The far bigger-than-expected penalty was levied by the U.S. Department of Justice to settle claims that the German bank missold...

  • *Deutsche fine weighs on Goldman, JPMorgan, other banks. Sept 16- Wall Street was lower on Friday as a drop in oil prices weighed on energy stocks and as financials came under pressure in the wake of a massive $14 billion fine slapped on Deutsche Bank. The far bigger-than-expected penalty was levied by the U.S. Department of Justice to settle claims that the German...

  • Faber Report: DOJ drops one claim in insurer merger lawsuit

    CNBC's David Faber reports the latest on the merger between Anthem and Cigna.

  • Sept 16- U.S. stock index futures were lower on Friday, a day after Wall Street rallied about 1 percent and as oil prices dropped due to concerns of oversupply. *News overnight that the Department of Justice had fined Deutsche Bank a far bigger-than-expected $14 billion to settle claims it missold mortgage-backed securities is likely to weigh on Wall Street...

  • *Exxon drops on report of NY AG investigation. Sept 16- Wall Street was set to open lower on Friday, in tandem with oil prices, and as financial stocks came under pressure in the wake of a massive $14 billion fine slapped on Deutsche Bank. The far bigger-than-expected fine was levied by the U.S. Department of Justice to settle claims that the German bank missold...

  • Sept 16- U.S. stock index futures were lower on Friday, a day after Wall Street rallied about 1 percent and as oil prices dropped due to concerns of oversupply. *News overnight that the Department of Justice had fined Deutsche Bank a far bigger-than-expected $14 billion to settle claims it missold mortgage-backed securities is likely to weigh on Wall Street...

  • A statue is seen next to the logo of Germany's Deutsche Bank in Frankfurt, Germany.

    Deutsche Bank shares getting slammed after the Justice Department asked the bank to pay a $14 billion settlement, reports CNBC's Wilfred Frost.

  • FRANKFURT, Germany— Shares in Deutsche Bank AG plunged Friday after the revelation that the U.S. Department of Justice has proposed the bank pay $14 billion to settle civil claims over its handing of residential mortgage-backed securities. Deutsche's shares were down 8.1 percent at 12.04 euros in afternoon trading in Europe. German Finance Ministry...

  • WASHINGTON, Sept 13- Regions Bank, a subsidiary of Regions Financial Corp, has agreed to pay $52.4 million to the U.S. government to resolve allegations it made mortgage loans that did not meet federal requirements, the Justice Department said on Tuesday.

  • Taro and two of its senior officers received subpoenas last week in connection with a federal antitrust investigation into generic drug pricing.

  • WASHINGTON, Sept 11- Taro Pharmaceutical Industries Ltd and two of its senior officers received grand jury subpoenas last week in connection with a federal antitrust investigation into generic drug pricing, the company disclosed. The company, which is headquartered in Israel, said late on Friday it received subpoenas on Thursday from the U.S. Justice...

  • Native Americans march to a burial ground sacred site that was disturbed by bulldozers during building of the Dakota Access Pipeline (DAPL), near the encampment where hundreds of people have gathered to join the Standing Rock Sioux Tribe's protest of the oil pipeline, September 4, 2016 near Cannon Ball, North Dakota.

    The Standing Rock Sioux Tribe's attempt to halt construction of the Dakota Access oil pipeline near their reservation was denied.

  • Robert and Maureen McDonnell

    U.S. prosecutors moved to dismiss corruption charges against former Virginia Gov. Robert McDonnell and his wife Maureen.

  • Rep. Goodlatte on the Stop Settlement Slush Funds Act

    CNBC's Rick Santelli speaks to Rep. Bob Goodlatte (R-Virginia) about his bill to stop the Justice Department from handing out slush funds to third parties.

  • A man works on a customer's John Deere lawn tractor at the Buck Bros. dealership in Hampshire, Illinois.

    The U.S. Justice Department filed a lawsuit on Wednesday aimed at stopping Deere from buying Precision Planting farm equipment business.

  • On Thursday, the Department of Justice said it had ordered the Federal Bureau of Prisons to let private prison contracts expire or scale them back to a level consistent with recent declines in the prison population. That announcement triggered fears other federal and state agencies would follow suit, and wiped out nearly a third of the companies' market value...

  • Prison stocks rebound

    CNBC's Scott Cohn discusses how prison stocks are rebounding amid damage control from yesterday's news that Justice Department will end its use of private prisons.

  • Aug 19- Private prison operator Geo Group Inc said the Federal Bureau of Prisons rescinded a previously granted extension to operate a facility after renewing the contract. The company said earlier on Friday the BOP had renewed its contract for the D. Ray James Correctional Facility in Folkston, Georgia through Sept. 30, 2018. The U.S. Justice Department...