08/08/14 07:15 PM
SAN FRANCISCO (AP) — A federal judge has decided a $324.5 million settlement isn't enough to cover the damages done to more than 60,000 high-tech workers in a class-action lawsuit alleging Google and Apple conspired with other technology companies to block their top employees from getting better...
08/08/14 05:45 PM
DETROIT (AP) — General Motors on Friday issued six more recalls totaling more than 312,000 vehicles as the company cleans up past safety issues. The recalls in North America pushed GM's total for the year to 66, covering just over 29 million cars and trucks. That beats the company's old...
08/08/14 02:15 PM
EL CENTRO, Calif. (AP) — The customer-owned electric utility serving Southern California's Imperial Valley will pay a $12 million civil penalty in a vast power outage three years ago. The Federal Energy Regulatory Commission announced the settlement with the Imperial Irrigation District on...
08/08/14 11:45 AM
General Motors' troubles with safety recalls has surfaced in another case, this time with the company recalling a group of SUVs for a third time to fix power window switches that can catch fire. The problem, revealed in documents posted by federal safety regulators this week, is so serious that...
08/08/14 11:00 AM
DETROIT (AP) — U.S. safety regulators are investigating two reports of fires in Can-Am Spyder three-wheeled motorcycles. The probe covers about 52,000 motorcycles from the 2008 through 2014 model years. The National Highway Traffic Safety Administration says in documents posted Friday that the...
08/07/14 09:00 PM
LOS ANGELES (AP) — A San Francisco man was sentenced Thursday to three months in federal prison for using insider information five years ago to profit off The Walt Disney Co.'s $4 billion purchase of Marvel Entertainment. Toby G. Scammell was also ordered to pay more than $120,000 to brokers...
By Richard Pollock | 08/07/14 07:03 PM
Guatemalan law enforcement officials, supported by U.S. agencies, arrested nine top members of an alleged "coyote" organization and seized $600,000 held in U.S. banks.
08/07/14 06:00 PM
WASHINGTON (AP) — Hyundai has agreed to pay a $17.35 million fine for delayed reporting of a brake defect affecting Genesis luxury cars, the National Highway Traffic Safety Administration said Thursday. The defect involves corrosion in critical brake system components that can reduce braking...
By Kelly Cohen | 08/07/14 05:38 PM
Federal agencies failed to account for $619 billion in grants and loans by not reporting the spending at all or reporting it incorrectly or late, according to an internal government watchdog.
By Kelly Cohen | 08/07/14 12:44 PM
Ever wonder what obscure things senators buy with taxpayer money meant for their offices?
08/06/14 10:30 PM
WASHINGTON (AP) — Bank of America is nearing a $16 billion to $17 billion settlement to resolve an investigation into its role in the sale of mortgage-backed securities before the 2008 financial crisis, a person directly familiar with the matter said Wednesday. The deal with the bank, which...
08/06/14 07:30 PM
SAN DIEGO (AP) — A San Diego investment advisory company has been fined nearly $15 million in penalties for cherry-picking trades and misappropriating client money. A U.S. Securities and Exchange Commission judge issued the penalty on Tuesday against J.S. Oliver Capital Management. The SEC...
08/06/14 05:15 PM
WASHINGTON (AP) — Pfizer will pay $35 million to resolve allegations by 42 states that its subsidiary, Wyeth Pharmaceuticals, illegally marketed an organ transplant drug for unapproved uses. The states' attorneys general said Wednesday that Wyeth, which Pfizer bought in 2009, trained sales...
By Mark Tapscott | 08/06/14 04:04 PM
A top Consumer Financial Protection Bureau executive tried to prevent public release of bank responses to consumer complaints, according to newly released documents.
By Associated Press | 08/05/14 08:31 AM
Federal authorities say New York City has agreed to pay $1.05 million to settle allegations that the city's Human Resources Administration failed to stop Medicaid payments for health care coverage for beneficiaries who became ineligible.
By Philip Klein | 08/21/14
By Luke Rosiak | 08/21/14
By David Freddoso | 08/20/14
By Brian Hughes | 08/22/14
By Byron York | 08/18/14