LAW FIRM

The three men allegedly hacked into the computers of U.S. law firms that advise companies on mergers, and made over $4 million using insider information.

Among the law firms affected were Cravath Swaine & Moore LLP and Weil Gotshal & Manges LLP, which represent Wall Street banks and Fortune 500 companies, according to a report.

A year to the day after protesters descended on Zuccotti Park, launching what would become a national phenomenon, little has changed. The occupy Wall Street protesters who turned out to mark Occupy's anniversary had a vast number of causes.

The Pentagon claimed ex-Navy SEAL Matt Bissonnette’s new book about the raid that killed Osama bin Laden , “No Easy Day,” contains “sensitive and classified” information, promising to take legal action against the author.

American Airlines' bankrupt parent AMR Corporation (PINK:AAMRQ), which is arguing in federal court it needs hundreds of millions of dollars in contract concessions from its employees in order to survive as a going concern, is planning to spend hundreds of thousands of dollars to entice a small group of hedge funds to invest in the company.

Romney surrogates love to say Obama has less private sector experience than a kid running a lemonade stand. That is not true.

The receiver who was handed control of Paul Burks' company Rex Venture Group and ZeekRewards following its forced closure by the SEC told reporters that trying to following the money collected through hundreds of thousands of Zeek affliates has been like "drinking from a firehose."

ZeekRewards, Rex Venture Group and its founder, accused in an alleged Ponzi scheme, now face a federal lawsuit brought by former "affiliates."

The U.S. Department of Labor (DOL) is set to adapt a tougher visa regime that makes getting H-1B nonimmigrant visas harder for the U.S. companies. Once implemented, the DOL decision will hurt several companies that hire cheap and skilled workers from countries like India and China.

A lawsuit filed in San Francisco federal court Monday alleges that Marriott International, Hilton Hotels, Sheraton Hotels & Resorts and others conspired to use their market dominance to fix hotel prices with travel websites like Expedia, Travelocity and Booking.com, a subsidiary of Priceline.com.

In Cook County, there are now four pending lawsuits filed by employees of a suburban Chicago Heights bakery who claims that they were deprived of chance to buy into a pool of lottery tickets that won the grand prize of $118 million.

New York City mayor Michael Bloomberg's proposal to ban sales of large soda drinks drew swift criticism from beverage makers and retailers, who say consumers should be able to make their own decisions.

Shares of Facebook (Nasdaq: FB), the No. 1 social network, fell again Wednesday, giving back their early gains from Tuesday?s record-low close of $28.84.

The global headquarters of Dewey & LaBoeuf LLP, a glass-sheathed office tower in midtown Manhattan, has a commanding view of a stretch of Sixth Avenue looking downtown. A pair of statues, designed by artist Jim Dine, rise from the plaza of the stately office, overlooking Rockefeller Center. But now, it will be the law firm's ornate tomb, a reminder of its glory days.

Among the companies whose shares are moving in pre-market trading Wednesday are: Ares Capital Corp, Alcatel Lucent, FreightCar America, Jive Software, Dell Inc, Renren Inc, BlackRock, Alcoa and Facebook Inc.

Publisher Houghton Mifflin Harcourt filed for Chapter 11 bankruptcy protection Monday to restructure $3.1 billion in debt and reduce annual interest costs by around $250 million.

Robert Downey Jr. may have said working on The Avengers couldn't have gone any better, but little did he know that his payday would be the sweetest part, with rumors circulating that his check could exceed $50 million.

Along with an announcement from major TV networks that a large amount of primetime shows will be cancelled for the fall season, CBS announced its lineup schedule for 2012-2013, which includes Two And A Half Men, The Big Bang Theory and The Mentalist. The network will also add six new series despite mass cancellations of primetime programs.

U.S. Securities and Exchange Commission investigators are probably in the process of drafting subpoenas against JPMorgan Chase & Co. (NYSE: JPM), if they have not already filed them, regarding the bank's loss of $2 billion through proprietary trading, said ex-SEC New York Regional assistant director Joseph Dever.

An image of missing British girl Madeleine McCann was used to sell online vouchers for discounted vacations in Portugal, the country where she went missing more than five years ago.

On May Day, the New York Police Department arrested twelve demonstrators from Occupy Wall Street -- part of a larger group of 86 people taken in that day -- for refusing to disperse from a gathering that was underway inside a city park. The problem: the demonstrators were not in a park at all when they were detained.