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Last Build Date: Wed, 28 Sep 2016 03:28:28 EDT

Copyright: copyright © 2016 Dow Jones & Company, Inc.

Greenberg Takes the Stand in AIG Case

Tue, 27 Sep 2016 18:10:51 EDT

Former American International Group Chief Executive Maurice R. “Hank” Greenberg defended his focus on profits during nearly four decades as he took the witness stand Tuesday in a long-delayed state court trial about alleged civil fraud.(image)

U.S. Murders Rose 10.8% in 2015

Mon, 26 Sep 2016 20:14:00 EDT

Murders in the U.S. jumped by 10.8% in 2015, according to figures released by the Federal Bureau of Investigation—a sharp increase that could fuel concerns that the nation’s more-than two-decade trend of falling crime rates may be ending.(image)

Alleged Washington Mall Shooter Charged With Murder

Tue, 27 Sep 2016 00:37:36 EDT

Prosecutors charged the man arrested after a deadly mall shooting with five counts of first-degree premeditated murder and said he confessed to the crime.(image)

Appeals Court Tosses Antitrust Judgment Against American Express

Tue, 27 Sep 2016 14:49:21 EDT

A federal appeals court tossed an antitrust judgment against American Express, ruling the credit card company can bar merchants from steering customers toward using other credit cards with lower merchant fees.(image)

More Junior Lawyers Would Please Courts

Sun, 25 Sep 2016 21:44:58 EDT

A growing movement is taking root among judges around the country to actively push younger lawyers into court.(image)

Obama Emissions Rule Faces Key Court Test

Tue, 27 Sep 2016 11:59:39 EDT

The administration’s power-plant emissions rule faces a courtroom showdown this week, and the outcome could have repercussions for Washington’s ability to meet its promises under a climate-change accord.(image)

Tesla Sues to Sell Cars Directly to Michigan Consumers

Thu, 22 Sep 2016 22:21:44 EDT

Tesla Motors filed suit after Michigan denied it a license to open a store to sell directly to customers, saying a state law violates its constitutional rights and protects hometown rivals, such as General Motors.(image)

U.S. Steelmakers toFile Complaints Over Alleged Chinese Tariff Evasion

Fri, 23 Sep 2016 10:03:52 EDT

Steel producers in the U.S. plan to file complaints with the Commerce Department on Friday and Monday, alleging Chinese steelmakers have been routing metal shipments through Vietnam to avoid U.S. import tariffs.(image)

Ex-Cuomo Associates Charged in Bribery Scheme

Mon, 26 Sep 2016 15:34:08 EDT

Nine people with close ties to New York Gov. Andrew Cuomo were charged in a wide-ranging bribery and conspiracy scheme, according to a federal complaint unsealed Thursday.(image)

Anthony Weiner Investigated Over Texts With Teenager

Thu, 22 Sep 2016 22:23:35 EDT

The FBI and NYPD are among the agencies looking into reports the former congressman exchanged sexually explicit text messages and photos with a 15-year-old girl.(image)

SUNY Polytechnic President Faces State Bid-Rigging Charges

Fri, 23 Sep 2016 09:57:30 EDT

Alain Kaloyeros also faces charges in a federal case.(image)

SEC Accuses Leon Cooperman of Insider Trading

Wed, 21 Sep 2016 22:08:58 EDT

Regulators allege several Omega Advisors funds managed by Mr. Cooperman, as well as others for which he directed trading, made a total of more than $4 million in illegal profits.(image)

Ex-Cuomo Aide to Face Charges in Bribery Probe

Thu, 22 Sep 2016 09:48:00 EDT

Federal authorities plan to unseal charges against Joseph Percoco in connection with an alleged bribery scheme involving the governor’s signature economic-development program, according to people familiar with the matter.(image)

Anthem, Cigna Accuse Each Other of Merger Breach

Thu, 22 Sep 2016 09:53:30 EDT

Anthem and Cigna have accused one another of violating the terms of their merger agreement, according to a legal filing by the Justice Department.(image)

Port Executive Testifies He Was Told to Shut Reopened Lanes

Thu, 22 Sep 2016 10:28:49 EDT

Port Authority Executive Director Patrick Foye testified that after reopening the lanes leading to the George Washington Bridge his counterpart told him the lanes should be closed because this was “important to Trenton.”(image)

Oil Sector, Investors React to SEC Probe of Exxon

Thu, 22 Sep 2016 09:49:30 EDT

The SEC probe into how Exxon values assets in a world of increasing climate change regulations elicited sharp reactions, with some investors seeing it as a tipping point for companies to disclose climate risks.(image)

VW Faces $9 Billion in Claims in Germany From Stock Drop

Wed, 21 Sep 2016 23:08:38 EDT

Investors are seeking around $9.1 billion in damages from Volkswagen on losses suffered when the German car maker’s shares plunged after U.S. authorities disclosed that the company had cheated on emissions tests.(image)

Accused Drug Kingpin Fails to Win Stay of Extradition to Mexico

Wed, 21 Sep 2016 22:02:40 EDT

An accused drug kingpin, Zhenli Ye Gon, whose mansion yielded the world’s largest cash seizure, faces imminent extradition to Mexico after a refusal by U.S. Chief Justice John Roberts to grant an emergency stay.(image)

Illinois Cousins Face Decades in Prison for Plot to Aid Islamic State

Tue, 20 Sep 2016 22:51:07 EDT

A former Army National Guard soldier and his cousin were sentenced to lengthy prison terms for plotting to join Islamic State and to attack an Illinois military base.(image)

Justice Department Probes Police Shooting of Unarmed Black Man

Wed, 21 Sep 2016 23:13:15 EDT

The Justice Department has opened an investigation into the police shooting of an unarmed black man in Tulsa, Okla., as the man’s family demands charges be pressed against the officer involved.(image)

Group of 21 States Sues U.S. Over New Overtime-Pay Rule

Tue, 20 Sep 2016 22:16:07 EDT

Twenty-one states filed a lawsuit against the federal government seeking to overturn a sweeping regulation designed to qualify millions more Americans for overtime pay starting in December.(image)

U.S. Court Throws Out Judgment Against Chinese Vitamin C Makers

Tue, 20 Sep 2016 22:15:12 EDT

A federal appeals court threw out a $147 million civil price fixing judgment against Chinese makers of vitamin C, ruling the companies weren’t liable in U.S. courts because they were acting under the direction of Chinese authorities.(image)

Sanofi Files Suit Against Merck

Mon, 19 Sep 2016 11:19:19 EDT

Sanofi said it filed a lawsuit against Merck & Co. for alleged patent infringements to prevent the U.S. drugmaker from launching a rival version of the French pharmaceutical giant’s best-selling diabetes treatment Lantus.(image)

Tesla Crash Victim's Family Seeks Court Probe

Tue, 20 Sep 2016 22:34:50 EDT

A Chinese man who is suing Tesla over his son’s fatal Model S crash in January applied to a local Beijing court to investigate whether the car’s Autopilot driving system was engaged.(image)

Tesla's Merger With SolarCity May Be Delayed by Lawsuits

Tue, 20 Sep 2016 00:05:20 EDT

Tesla Motors said its merger with SolarCity could be delayed by shareholder lawsuits, adding to volatility for the cash-strapped solar-panel installer.(image)

Two Former Albuquerque Police to Stand Trial Over Fatal 2014 Shooting

Sun, 18 Sep 2016 23:53:09 EDT

Two former Albuquerque police officers are scheduled to stand trial this week for the 2014 shooting death of a mentally ill homeless man, in a case that shook the city.(image)

Exxon Investigated Over How the Firm Values Its Oil Wells

Sat, 17 Sep 2016 00:29:40 EDT

New York Attorney General Eric Schneiderman is investigating why Exxon Mobil hasn’t written down the value of its assets, two years into a pronounced crash in oil prices.(image)

U.S. Appeals Court Rules Mental-Health Ban on Gun Ownership May Violate Rights

Thu, 15 Sep 2016 18:44:11 EDT

A divided federal appeals court ruled that a decades-old federal law indefinitely banning people committed to mental health treatment from owning a gun could violate the Second Amendment.(image)

Lawmakers Probe Tax Incentives Received by Solar-Energy Firms

Fri, 16 Sep 2016 13:24:22 EDT

Congressional lawmakers have launched a formal investigation into whether solar-energy companies improperly received billions of dollars in tax incentives from the Obama administration.(image)

New Jersey Factory Linked to Chinese Aluminum Probe

Fri, 16 Sep 2016 00:34:44 EDT

The Commerce Department is investigating whether Aluminum Shapes helped Chinese metals giant China Zhongwang evade U.S. tariffs by importing disguised products.(image)

Jury Finds Miami Defrauded Bond Investors

Thu, 15 Sep 2016 12:22:53 EDT

A federal jury found that the city of Miami and its former budget director had defrauded bond investors by failing to truthfully disclose the city’s deteriorating financial condition.(image)

Former News Corp Executives Accused of Misleading U.K. Parliament

Wed, 14 Sep 2016 22:17:00 EDT

A panel of British lawmakers accused two former News Corp executives of misleading Parliament when the pair were questioned about the phone-hacking scandal at the firm’s now-closed News of The World tabloid, while exonerating a third one as well as the company’s U.K. division.(image)

Federal Prosecutors Investigating Wells Fargo Over Sales Tactics

Thu, 15 Sep 2016 10:14:57 EDT

Federal prosecutors are in the early stages of an investigation into sales practices at Wells Fargo that led to the bank being hit last week with a $185 million fine, according to people familiar with the matter.(image)

Beverage Industry Sues to Block Philadelphia's Sweetened-Drink Tax

Wed, 14 Sep 2016 19:50:29 EDT

Beverage companies and retailers filed a civil complaint, saying state law prevents cities from imposing duplicate taxes. The tax is scheduled to go into effect in January.(image)

Pimco Says Bill Gross Has 'Sad Obsession' With Former Firm

Wed, 14 Sep 2016 23:31:09 EDT

Pacific Investment Management Co. stepped up its defense against Bill Gross’s breach-of-contract lawsuit, alleging its former star manager leaked details on Pimco executives’ pay and withheld emails.(image)

Jury Picked in George Washington Bridge Case

Wed, 14 Sep 2016 20:19:17 EDT

Final group of five men and seven women includes an unemployed chef, a retired camcorder repairman and a retired high-school counselor.(image)

Yelp, TripAdvisor Gain Legal Cover for Negative Reviews

Wed, 14 Sep 2016 10:07:31 EDT

Online review sites gained some added legal cover this week after Congress advanced a bill that makes it harder for businesses to sue customers over negative reviews and a federal court ruled in favor of Yelp Inc. in one dispute.(image)

Inmate Populations Rise Again in Some States

Mon, 12 Sep 2016 23:40:26 EDT

The opiate epidemic and a handful of high-profile crimes have set back efforts by some states to restrain their prison populations, revealing cracks in​what has been a​bipartisan movement.(image)

Grand Jury to Weigh Charges Against Chicago Officers in Laquan McDonald Case

Mon, 12 Sep 2016 16:54:17 EDT

A grand jury will decide whether to charge Chicago police officers being investigated for allegedly lying about the fatal shooting of black teenager Laquan McDonald, a Cook County judge decided.(image)

Former LG Employee Sues LG, Samsung Over Alleged Hiring Deal

Tue, 13 Sep 2016 05:01:01 EDT

A former sales manager for LG Electronics in California filed suit against LG and Samsung Electronics, claiming the two Korean companies have an agreement not to recruit each other’s Silicon Valley employees, which has the effect of suppressing wages.(image)

Legal Woes for Head of Brazil's JBS Raise Investor Concern

Tue, 13 Sep 2016 09:32:41 EDT

Legal woes dogging the head of Brazil’s JBS SA could delay plans by the world’s largest meatpacker to list its shares on the New York Stock Exchange, many analysts and investors say, a potential blow for the company at a time when investors are increasingly skittish about any bad news out of Brazil.(image)

EU Stresses Importance of U.S. Investment Following Apple Ruling

Mon, 12 Sep 2016 11:03:16 EDT

The European Union’s ruling that Ireland should recoup $14.5 billion in allegedly unpaid taxes from Apple wasn’t an attack against the U.S. or American companies, the bloc’s taxation chief Pierre Moscovici said.(image)

VW Engineer Pleads Guilty in Emissions-Cheating Scandal

Mon, 12 Sep 2016 11:57:40 EDT

A Volkswagen engineer pleaded guilty on Friday to participating in the company’s efforts to cheat on diesel emissions tests, becoming the first person convicted in the U.S. in the scandal.(image)

N.J. Court Reverses Conviction in Case Tied to Tyler Clementi Suicide

Fri, 09 Sep 2016 22:52:23 EDT

A New Jersey appellate court Friday reversed the 2012 conviction of a former Rutgers University student convicted of invasion of privacy and bias intimidation against his roommate, who later committed suicide.(image)

Agencies Order Halt to Midwest Pipeline

Mon, 12 Sep 2016 06:59:36 EDT

The government ordered a halt to work on a $3.8 billion, four-state oil pipeline in the Upper Midwest, handing a temporary victory to the Standing Rock Sioux tribe and other opponents of the project. The move followed a federal judge’s ruling allowing the pipeline to proceed.(image)

Finally, It's Spitzer v. Greenberg

Fri, 09 Sep 2016 11:45:41 EDT

In 2005, then-New York Attorney General Eliot Spitzer filed a financial-fraud lawsuit against Maurice “Hank” Greenberg, who was CEO of AIG at the time. Next week, the case is finally set to go to trial.(image)

Wells Fargo to Pay $185 Million Fine, Fires Thousands Over Sales Tactics

Fri, 09 Sep 2016 17:03:51 EDT

Wells Fargo, the largest U.S. bank by market value, must pay $185 million related to a regulatory enforcement action over “widespread illegal practice” around account openings, sales targets and compensation incentives. The bank fired about 5,300 employees during the government’s examination.(image)

VW, Bosch Met to Discuss Emissions Software, Suit Says

Thu, 08 Sep 2016 17:36:19 EDT

Nearly 18 months before Volkswagen admitted to cheating on auto emissions tests, its chief executive met with the head of supplier Robert Bosch GmbH to discuss the cars’ illegal “defeat device” software, according to an amended lawsuit.(image)

FBI Arrests Two in Breaches at CIA, Justice Department

Thu, 08 Sep 2016 20:45:47 EDT

Two North Carolina men were arrested on charges that they were part of a hacking group that pulled off a series of data breaches against the head of the CIA, a senior FBI official and a Justice Department system.(image)

Charges Sought in Death of Muslim Recruit

Thu, 08 Sep 2016 20:39:23 EDT

The U.S. Marine Corps has completed three internal investigations into the March death of a Muslim recruit, recommending criminal charges or administrative action against as many as 20 Marines personnel.(image)

U.K. Police Charge Four Men Over Terror Plot

Thu, 08 Sep 2016 19:51:51 EDT

British authorities have charged four men with planning to carry out acts of terrorism, nearly two weeks after they were arrested in a series of raids.(image)

Former American Realty Capital CFO Arrested

Thu, 08 Sep 2016 20:23:29 EDT

Federal prosecutors charged two former executives of American Realty Capital Properties Inc. on Thursday with overstating the real estate investment firm’s financial results.(image)