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Commercial and Professional Services Professional Services

  • President-elect Donald Trump on Tuesday named veteran steel industry trade lawyer Robert Lighthizer, a harsh critic of China's trade practices, to be his chief trade negotiator, responsible for better deals aimed at reducing U.S. trade deficits. Lighthizer, who is with the law firm Skadden, Arps, Slate, Meagher and Flom, has argued in public testimony that China...

  • President-elect Donald Trump is expected to pick Robert Lighthizer to serve as his U.S. As Trump's trade representative, Lighthizer would play a key role in enacting a get-tough policy that could heighten tensions with China and other key U.S. trading partners. He criticized China on Twitter on Monday for "taking out massive amounts of money& wealth from the U.S....

  • A driver for an independent contractor to FedEx pushes a dolly of boxes to load onto a delivery truck in Miami on Thursday, Dec. 15, 2016.

    TipRanks presents the top 10 stock ideas for next year from the five best-performing services analysts of 2016.

  • NEW YORK, Dec 27- Three Chinese citizens have been criminally charged in the United States with trading on confidential corporate information obtained by hacking into networks and servers of law firms working on mergers, U.S. prosecutors said on Tuesday. Iat Hong of Macau, Bo Zheng of Changsha, China, and Chin Hung of Macau were charged in an indictment filed in...

  • NEW YORK, Dec 27- Three Chinese citizens have been criminally charged in the United States with trading on confidential corporate information obtained by hacking into networks and servers of law firms working on mergers, U.S. prosecutors said on Tuesday. Iat Hong of Macau, Bo Zheng of Changsha, China, and Chin Hung of Macau were charged in an indictment filed in...

  • NEW YORK, Dec 27- Three Chinese citizens have been criminally charged in the United States with trading on confidential corporate information obtained by hacking into networks and servers of law firms working on mergers, U.S. prosecutors said on Tuesday. Iat Hong of Macau, Bo Zheng of Changsha, China, and Chin Hung of Macau were charged in an indictment filed in...

  • Iat Hong, a 26- year-old Macau resident,, was arrested on Sunday in Hong Kong and charged along with Bo Zheng, of Changsha, China, and Chin Hung of Macau, with engaging in conspiracies to commit insider trading, wire fraud and computer intrusion in an indictment filed in federal court in Manhattan. Attorney Preet Bharara in Manhattan said in a statement the case "...

  • Iat Hong, Bo Zheng and Chin Hung were charged in an indictment filed in Manhattan federal court with engaging in conspiracies to commit insider trading, wire fraud and computer intrusion.

  • CHARGES THREE CHINESE CITIZENS WITH SCHEMING TO HACK LAW FIRM NETWORKS AND SERVERS FOR INSIDER TRADING- INDICTMENT.

  • MUMBAI, Dec 27- Tata Sons on Tuesday accused its former chairman Cyrus Mistry of breaching confidentiality rules and said it would take legal action against him, intensifying a battle between the conglomerate and the top executive it sacked in October. Tata Sons, in a two-page legal notice from its law firm on Tuesday seen by Reuters, alleged that Mistry had "...

  • STOCKHOLM, Dec 22- IKEA has agreed to pay a total $50 million to three families in the United States whose children died when the budget furniture group's dresser MALM tipped over them, lawyers representing the families said. The families were represented by Feldman Shepherd Wohlgelernter Tanner Weinstock& Dodig LLP which said in a statement the Swedish...

  • LONDON, Dec 19- Banks in Britain are being advised they may be able to sue the European Union if it fails to grant them a staggered departure from the trading bloc using rights from an arcane treaty that usually governs international law. The advice was given in a document drawn up by some of Britain's largest law firms for banks lobbying to retain so-called...

  • LONDON, Dec 16- Chile's Antofagasta said it was considering a legal challenge to a refusal by U.S. authorities to renew mineral leases in Minnesota, a rejection analysts and lawyers said could be overturned after President-elect Donald Trump takes office. Antofagasta said on Friday the renewal of two long-held leases in the Iron Range region of Minnesota,...

  • In a letter sent in September that became public on Tuesday, the Securities and Exchange Commission asked the bank's controller, Richard Levy, to explain how Wells Fargo went about valuing the portfolio, which it acquired primarily by buying Wachovia. The SEC's questions, which may represent another headache for Wells Fargo following a sales scandal, relate to...

  • OSLO, Dec 12- Electric carmaker Tesla Motors Inc has reached an out-of-court settlement with 126 Norwegian customers who claimed their cars' performance did not match promises made in the firm's marketing. Kaspar Nygaard Thommessen of Oslo- based law firm Wikborg Rein, who represented the car owners, told Reuters a settlement had been reached in recent days and...

  • The Brazilian unit of Deloitte will pay $8 million to settle civil charges that it issued and tried to cover up false audit reports.

  • Dec 2- The U.S. Supreme Court on Friday agreed to hear appeals by Christian-affiliated hospital systems of lower court rulings that gave the green light to employee lawsuits accusing them of wrongly claiming a religious exemption from federal pension law. New Jersey- based St. Peter's Healthcare System, Illinois- based Advocate Health System and California-...

  • Dec 1- The U.S. Commodity Futures Trading Commission failed to verify whether futures and swaps brokerage firms have adequate policies to help ward off cyber attacks, an internal CFTC audit found. The audit was completed in October by Brown& Company CPAS and Management Consultants PLLC at the request of the CFTC's inspector general. Auditors took issue with the...

  • LONDON, Dec 1- Standard Chartered has hired Barclays' top regulatory lawyer Chris Allen as its new general counsel, clients and products, sources with direct knowledge of the matter said on Thursday. He will be based in Singapore and report to the bank's most senior lawyer, general counsel David Fein, the same source said. Standard Chartered faces a number of legal...

  • LONDON, Nov 29- UK- based law firm Eversheds is in merger talks with U.S. peer Sutherland Asbill& Brennan in the latest attempt by the British firm to secure a U.S. tie-up. Eversheds' Chief Executive Bryan Hughes outlined plans in 2012 to become a "global leader" by 2020, partly to better serve the global needs of clients, and the firm has been openly keen to clinch a U.S....