AUG
27
2013

US: Harvard´s Lessig sues music company over copyright question

Harvard Law School professor Lawrence Lessig is asking a federal court in Boston to clarify that a lecture posted to YouTube doesn´t violate copyright law.

AUG
27
2013

Former JPMorgan trader Martin-Artajo arrested in Madrid

Former JPMorgan Chase & Co. trader Javier Martin-Artajo was arrested in Madrid, almost two weeks after U.S. prosecutors charged him with trying to hide trading losses that cost the bank more than $6.2 billion last year.

AUG
27
2013

Brazilian Foreign Minister resigns, heads to U.N.

Brazilian Foreign Minister Antonio Patriota resigned on Monday after one of his diplomats acknowledged that he had helped a Bolivian senator, who had been accused of corruption, cross the border into Brazil.

AUG
27
2013

Croatia in clash with EU over extradition

European Commission claims Croatia´s interpretation of extradition isn´t compatible with EU law.

AUG
27
2013

India´s Lower House passes food bill to help poor

India´s lower house of Parliament on Monday approved sweeping legislation guaranteeing cheap grain for nearly 70% of the country´s 1.2 billion people.

AUG
27
2013

US: Judge approves $20 million Facebook fund to settle advertising suit

A U.S. judge has put a stamp of approval on a US$20 million fund for Facebook to settle a class-action advertising suit, despite objections from groups representing minors on the site.

AUG
26
2013

US: Atheist parolee sent back to prison must be compensated, court says

California should compensate an atheist parolee for returning him to prison after he resisted participating in a religious-based drug treatment program, a federal appeals court decided unanimously Friday.

AUG
26
2013

US: Apple and Samsung win ruling to keep financial data secret

U.S. Court of Appeals said smartphone makers don´t have to reveal "exceptionally sensitive information" to public.

AUG
26
2013

US: DOJ softens proposed Apple e-book injunctions, slightly

The U.S. Department of Justice is willing to temper the proposed remedies in its e-book price-fixing case against Apple, but not all that much.

AUG
26
2013

UK: Moritz Erhardt intern death spurs Bank of America Merrill Lynch review

´Formal senior working group´ within bank will review work culture with ´particular focus on our junior population´.

AUG
26
2013

Brazil´s JBS says it mulls suing OppenheimerFunds for defamation

Brazil´s JBS SA, the world´s largest meatpacker, said it is considering suing U.S. investment firm OppenheimerFunds for spreading potentially libelous information about its leasing of a local poultry plant owned by France´s Doux.

AUG
26
2013

US: Donald Trump sued for $40m over allegedly bogus university

New York state´s attorney general said on Sunday he has filed a $40 million lawsuit against Donald Trump and his for-profit investment school, accusing them of engaging in illegal business practices.

AUG
26
2013

US soldier Robert Bales sentenced to life in prison without parole for Afghanistan massacre

The U.S. soldier who massacred 16 Afghan civilians last year in one of the worst atrocities of the Iraq and Afghanistan wars was sentenced Friday to life in prison with no chance of parole – the most severe sentence possible, but one that left surviving victims and relatives of the dead deeply unsatisfied.

AUG
26
2013

Egypt: Constitutional tweaks may empower Mubarak-era politicians

Changes suggested by Egypt´s army-backed rulers would scrap Islamic additions to a constitution forced through under deposed President Mohamed Mursi and revive a voting system dating back to his predecessor Hosni Mubarak.

AUG
23
2013

British credit card customers to be reimbursed

Some of the largest banks and credit card companies in Britain will have to pay a total of up to £1.3 billion, or $2 billion, to customers who were sold inappropriate financial products, a British regulator said on Thursday.

AUG
23
2013

Brazil discards cancellation of agreements with Egypt

The government of Brazil does not plan to interrupt its agreements with the Arab country, despite the worsening of the local crisis. The situation, however, is followed with concern.

AUG
23
2013

UK: Judge refuses to let Muslim defendant wear burqa in court

21-year-old woman from Hackney was not allowed to enter a plea in court until she showed her face.

AUG
23
2013

US: Finra slaps Morgan Stanley with $1 million fine on transaction prices

The Financial Industry Regulatory Authority has fined Morgan Stanley (MS) and its retail brokerage unit $1 million, saying the investment bank failed to make sure prices for transactions involving certain bonds were as favorable as possible.

AUG
23
2013

Brazil central bank launches $60 billion currency intervention

Brazil´s central bank announced a currency-intervention program on Thursday that will provide $60 billion worth of cash and insurance to the foreign-exchange market by year-end, a move aimed at bolstering the country´s currency, the real, as it slips to near five-year lows against the dollar.

AUG
23
2013

US: Outgoing FBI chief stands up for record on Wall Street fraud

FBI Director Robert Mueller sought on Wednesday to dispel any perception among Americans that the bureau and the Justice Department let bankers go free after they helped bring about the U.S. financial crisis.

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