General Motors Co. said on Monday it will offer loaner vehicles to Chevrolet Volt owners to address safety worries amid a U.S. investigation into post-crash fires involving the battery-powered vehicles.
Fitch Ratings kept its pristine AAA rating on the U.S. on Monday, but the credit-ratings company downgraded its outlook to "negative" in the wake of the Supercommittee´s failure to find $1.2trn in spending cuts.
The Federal Reserve and the big banks fought for more than two years to keep details of the largest bailout in U.S. history a secret. Now, the rest of the world can see what it was missing.
As the U.S. tries to dodge the fallout from Europe´s debt crisis, some economists are reaching a troubling conclusion: The American labor market is looking more European than ever.
A career criminal was sentenced to 80 years in prison for buying movie snacks with a bogus $20 bill. Charles Nowden, 48, paid for two hot dogs, two Cokes and a tub of popcorn with the counterfeit cash. More recently, he was accused of stealing lawnmowers.
What happened when the world looked away from the DRC.
An Australian appeals court judge questioned the fairness of a ruling that granted Apple Inc.´s request to ban the sale of the iPad2´s biggest rival in a legal dispute with Samsung Electronics Co. over patent infringement.
KPMG International LLP´s global chairman, Michael Andrew, said fraud was evident at Olympus Corp. and his firm met all legal obligations to pass on information related to Olympus´s 2008 acquisition of Gyrus Group Ltd. before it was replaced as the camera maker´s auditor.
Former customers of MF Global Holdings Ltd got some good news on Tuesday, as the bankruptcy trustee secured more assets and the CME Group Inc expanded a guarantee to speed the return of frozen funds.
Citigroup Inc. may have to pay more than its proposed $285 million settlement with U.S. regulators over a collapsed collateralized debt obligation to satisfy a judge that the accord is fair, said lawyers following the case.
In the whodunit of the financial crisis, Wall Street executives have pointed the blame at all kinds of parties — consumers who lied on their mortgage applications, investors who demanded access to risky mortgage bonds, and policy makers who kept interest rates low and failed to predict a housing market collapse.
German drug maker Merck KGaA has asked a New York City court to force Facebook Inc. to explain how the German company lost its page on the social-networking site to U.S.-based rival Merck & Co.
Judge William Adams, who made national headlines after the release of a 2004 video of him beating his then-teenage daughter, has been suspended by the Texas Supreme Court.
George Clooney will be called as a defense witness at former Italian Prime Minister Silvio Berlusconi´s trial on charges he paid for sex with a minor, court officials said Wednesday.
Brazil´s Vale has won a court appeal, which could result in its partner Aquila Resources having to vote on a coal development plan and open the way for Vale to buy out Aquila from their $1.7bn coal project.
An area of forest equal to Germany, Italy and Austria combined could be lost forever if Brazil´s senate approves new laws on land clearance to be voted on within days, conservationists have warned.
In a confirmation blitz on Friday, the Senate confirmed seven nominees to Washington´s local courts and law enforcement agencies.
Schools do not write the SAT or administer it. But when school officials at Great Neck North High School suspected that students were cheating on the exam, their investigation led prosecutors down a trail that has resulted in criminal charges against 20 students and calls for widespread test reform.
All of the judges in Penn State University´s home county have recused themselves from the child sexual abuse case against former Penn State coach Jerry Sandusky, the state courts system said on Tuesday.
Antoin "Tony" Rezko, the former campaign fundraiser for president Barack Obama and ex-Illinois governor Rod Blagojevich, was sentenced to 10 1/2 years in prison for his role in a kickback scheme.
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