Morgan Stanley Mortgage Capital Holdings LLC was sued for at least $110.8 million by a trustee for investors in mortgage-backed securities.
A man convicted of smuggling in Sweden outwitted his jailers by sneaking in a friend to serve most of his yearlong sentence, prison officials said Friday.
Sony Corp.´s plan to buy an 11% stake in embattled Olympus Corp. effectively marks the final chapter in one of Japan´s biggest business scandals. It also shows how, in the end, the scandal actually did little to disturb Japan´s cloistered corporate culture.
Bank of America Corp. agreed to pay $2.43 billion to settle claims it misled investors about the acquisition of troubled brokerage firm Merrill Lynch & Co., in the latest financial-crisis aftershock to rattle the banking sector.
A Brazilian court has overturned a lower court ruling and allowed Transocean Ltd. to continue operations in Brazil, except at the Frade oil field, the site of an oil spill last November, according to a court document.
New Zealand´s prime minister apologized to Kim Dotcom, founder of file-sharing website Megaupload.com, after an investigation found that the government intercepted his communications illegally.
Kareem Serageldin, the ex-global head of Credit Suisse Group AG´s CDO business charged in a bonus-boosting fraud tied to a $5.35 billion trading book, won´t consent to extradition to the U.S. until he reaches a plea deal.
The Defense of Marriage Act, which bars the federal government from recognizing same-sex unions, faces a challenge from a lesbian spouse whose lawyer is scheduled to make arguments to a U.S. appeals court.
Transocean Ltd said on Thursday it was served with a preliminary injunction by a federal court in Brazil that will require the company´s nine rigs currently in the country to cease operations within 30 days.
It´s practically antitrust 101: If your deal is big enough, you have to report the transaction to the government.
Security teams wearing riot helmets and wielding plastic shields marched around a Foxconn Technology Group factory in northern China in a sign that tensions remain high after a fight between 2,000 workers halted production.
The founder of WikiLeaks delivered an impassioned appeal Wednesday for the U.S. government to end its actions against him, his website and those who support it.
The University of California will pay damages of $30,000 to each of the 21 UC Davis students and alumni who were pepper-sprayed by campus police during an otherwise peaceful protest 10 months ago, the university system announced Wednesday.
Judge Gilson Delgado Miranda gave the video-sharing site ten days to remove videos of the film, Innocence of Muslims.
U.S. securities regulators have launched a sweeping review of the systems brokerages and trading firms use to place orders, intensifying their response to a spate of technological mishaps that have tested investors´ confidence in the stock market.
A man who disrupted this year´s University Boat Race has been found guilty of causing a public nuisance.
Cabinet Office challenges order to release guidance on when Prince Charles and Queen must be consulted over draft laws.
Former Hewlett-Packard Co.Chief Executive Officer Mark Hurd and company directors won dismissal of a shareholder lawsuit alleging that Hurd´s severance pay was wasteful and excessive.
Texas executed a man on Tuesday who had received three stays of execution from the U.S. Supreme Court because of questions about how forcefully his lawyers defended him.
A former Intel executive who leaked secret information about his employer to Raj Rajaratnam, the fallen hedge fund billionaire, avoided prison on Monday when a judge sentenced him to two years´ probation.
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