NEW YORK— A federal appeals court has rejected a shareholder lawsuit filed against key directors at Wal-Mart Stores Inc. that claimed they allowed and concealed alleged bribery in the company's Mexico division. Chief Judge William Riley wrote for the 8th U.S. Circuit Court of Appeals that shareholders, including the Louisiana Municipal Police Employees'... » Read More
The Justice Department has filed a suit challenging Anheuser-Busch buy of Grupo Model. Shares of Constellation fell on the news, reports CNBC's Kayla Tausche and David Faber.
NRA's Keene said he "did not think there'd be a ban on the so-called assault weapons by the Congress;" and Cynthia Tucker, Pulitzer Prize-winning journalist; Lenny Mcallister of the McAllister Minute; and Katherine Mangu-Ward, Reason Magazine, weigh in on the attack of the 2nd Amendment.
AIG decided not to join former chief Hank Greenberg in his lawsuit against the government. David Boies, Boies, Schiller & Flexner chairman, discusses the merits of the case and why his client is not backing down.
Meyer Shields, Insurance Sector Analyst, Stifel Nicolaus says given the level of antagonism the lawsuit would have generated, AIG made the right call to sit on the sidelines.
UBS has yet to fully purge itself of a global interest rate scandal that has put it at risk of a wave of costly civil suits, its investment banking chief said on Wednesday.
CNBC's Kayla Tausche reports Bank of America announced a settlement with Fannie Mae over mortgage repurchases.
The "Squawk on the Street" news crew report on all the market moving stories of the day. Among the stories: a look at the battle on Capitol Hill over the debt ceiling; the outlook on earnings; and the Basel Committee relaxing liquidity standards for banks.
The big bank announces a $10 billion settlement with Fannie Mae over mortgage repurchases, reports the "Squawk Box" news team.
CNBC's Eamon Javers reports Congress is getting ready to vote on a $9.7 billion package for relief from superstorm Sandy.
CNBC's Brian Shactman reports the latest details on Transocean's settlement agreement with the Department of Justice.
Thursday won the dismissal of a New York lawsuit by 26 hedge funds that accused the German automaker of causing more than $1 billion of losses by cornering the market in Volkswagen AG shares.
Toyota Motor eliminated a huge obstacle with a U.S. settlement over unintended acceleration in its cars and trucks, leaving it to fight smaller cases that will be harder for plaintiffs to prove and less likely to damage the company's growing sales.
A federal jury on Wednesday found that Marvell Technology Group infringed two patents held by Carnegie Mellon University, and ordered the chipmaker to pay $1.17 billion in damages.
Toyota Motor plans to spend $1.1 billion to resolve sweeping U.S. class-action litigation over claims that millions of its vehicles accelerate unintentionally, as the Japanese automaker looks to turn the page on the biggest safety crisis in its history.
CNBC's Jackie DeAngelis reports a settlement has been reached in the Strauss-Kahn civil lawsuit.
Christopher Dietz, Dietz Development owner, explains why he filed a defamation claim after a woman posted a negative review of his work.
CNBC's Kate Kelly has the latest details from the insider trading case and possible investor redemptions.
Both Autonomy and Hewlett-Packard are prepared to fight, and now a class action shareholder lawsuit has been filed against HPQ. Quentin Hardy, New York Times, and Jake Zamansky, securities lawyer and plantiffs' attorney, provide perspective.
CNBC's Hampton Pearson reports the CFTC is charging Intrade and its operator TEN for selling investment contracts that are technically options. The companies agreed not to sell options in a 2005 settlement.
Richard Holwell, Holwell Shuster & Goldberg partner, explains the courts view of insider trading, and how the government may build its case against former fund manager, Mathew Martoma, who is accused of making more than $276 million in illicit profits.