The deal will combine the nation's second-largest wireless carrier with its biggest satellite television provider.» Read More
The Justice Department has filed an antitrust lawsuit to stop the sale of General Electric's appliance unit, reports CNBC's Sue Herera.
NEW YORK, June 30- A divided federal appeals court on Tuesday said Apple Inc orchestrated a conspiracy with five publishers to increase e-book prices, in a victory for the U.S. Justice Department. By a 2-1 vote, the 2nd U.S. Circuit Court of Appeals agreed with a lower court judge that the conspiracy violated federal antitrust law, and that the judge acted properly in...
Congressmen slammed Obama administration officials for hiring a failed hedge fund manager, but they made a big mistake.
CNBC's Hampton Pearson reports on the latest developments from the Supreme Court on the Affordable Care Act.
WASHINGTON, June 19- The United States has sued a Texas- based subsidiary of global defense company BAE Systems Plc for overcharging the U.S. Army in a contract to build 20,000 military trucks, the Department of Justice said on Friday. BAE Systems Inc, the U.S. unit of London- based BAE Systems Plc, did not immediately respond to a request for comment.
More than 240 people were charged with $712 million in false Medicare billing, the biggest health-care fraud takedown ever.
The cloud computing company, in its second report since going public, reported a narrower-than-expected quarterly loss.
WASHINGTON, June 9- Swiss banks Société Générale Private Banking SA and Berner Kantonalbank AH have agreed to pay the United States multimillion dollar penalties under a resolution announced on Tuesday by the U.S. Justice Department.
WASHINGTON, June 9- Federal prosecutors are weighing criminal wire fraud charges against General Motors over the company's failure to recall vehicles equipped with faulty ignition switches, the Wall Street Journal reported on Tuesday. Reuters could not immediately confirm the report, and representatives for the U.S. Department of Justice and General...
Last week, reports revealed one duodenoscope manufacturer, Olympus Corp, was being investigated by the federal agency, but the broader reach of the investigation, including subpoenas to other makers including Fujifilm Holdings Corp and Pentax Medical, a unit of Ricoh, has not been reported previously, the newspaper said. Reuters was not able to immediately...
CNBC's Julia Boorstin reports the Department of Justice's antitrust division is investigating theater chains.
WASHINGTON, June 1- First Tennessee Bank agreed to pay $212.5 million to resolve a case involving Federal Housing Administration- insured mortgage lending, the U.S. Justice Department said on Monday. Benjamin Mizer of the Justice Department's Civil Division said First Tennessee's "reckless underwriting has resulted in significant losses of federal funds...
Get rid of FIFA and start over, says brand strategist David Melancon, CEO of BTR.
FIFA's annual meeting will take place as planned, despite arrests made in the scandal, reports CNBC's Wilfred Frost.
U.S. legal authorities said they have the jurisdiction to go after some FIFA officials for corruption charges.
The Justice Department has announced charges against FIFA officials, reports CNBC's Wilfred Frost.
BEIJING, May 21- A Chinese university denied on Thursday U.S. espionage charges filed against three of its staff who are among six Chinese people the United States has accused of stealing technology often used in military systems. The U.S. Justice Department announced the charges against the six on Tuesday, the third time in as many years that U.S. authorities...
U.S. Attorney General Loretta Lynch announces the settlements with global financial institutions in connection with long-running manipulation of the Foreign Exchange (FOREX) spot market.
LONDON, May 20- Swiss bank UBS said it has settled a probe by U.S. authorities over alleged rigging of currency markets and will pay $342 million to the Federal Reserve. UBS said it would also pay a $203 million penalty and plead guilty to criminal charge with the U.S. Department of Justice, but that relates to manipulation of Libor benchmark interest rates.
Wednesday's settlement with the U.S. Department of Justice, the Federal Reserve, and the Connecticut Department of Banking follows a settlement UBS reached six months ago with Swiss financial regulator FINMA, which included a fine and bonus curbs. "The conduct of a small number of employees was unacceptable and we have taken appropriate disciplinary actions,"...