UBS will sacrifice its place in the top ten investment bank rankings as stricter capital rules force it to give up riskier fixed-income business, the Swiss bank's financial head said.
IBT Staff Reporter
Dec 23, 2011
Pakistan's powerful military pledged Friday to continue supporting democracy, reiterating it was not planning a takeover as tensions grew over a controversial memo alleging an army plot to seize power.
Eric Linton
Dec 23, 2011
Pakistan's powerful military and civilian leaders are headed for a showdown over a memo that accused the country's generals of plotting a coup, newspaper editorials predicted Friday.
Eric Linton
Dec 23, 2011
The Supreme Court of Canada ruled against the federal government's plan to create a single, national securities regulator, forcing Ottawa to rethink its campaign to replace the current patchwork of provincial watchdogs and regulations.
IBT Staff Reporter
Dec 22, 2011
Will Citizens United doom New York City's tough campaign finance laws at the U.S. Supreme Court?
Dan Rivoli
Dec 22, 2011
Canada's top court derailed government plans to consolidate a patchwork system of provincial securities regulators on Thursday, ruling that proposed federal legislation violated provincial rights and forcing the government back to the drawing board.
IBT Staff Reporter
Dec 22, 2011
A federal grand jury in Los Angeles has indicted a Turkish national on terrorism-support charges for allegedly wiring money to Pakistan to help fund attacks against American military personnel.
IBT Staff Reporter
Dec 22, 2011
Taking a page from Judge Jed Rakoff: a month after a Securities and Exchange Commission settlement with Citigroup was rejected, federal judge in Milwaukee pressed the agency to explain its vague deal with a Wisconsin headphones manufacturer.
Dan Rivoli
Dec 22, 2011
The Obama administration scores another preliminary injunction against a state that has enacted a law attempting to drive out undocumented immigrations.
Dan Rivoli
Dec 22, 2011
After six months of notable decisions, the U.S. Supreme Court ended 2011 setting the stage for a blockbuster session in 2012.
Dan Rivoli
Dec 22, 2011
Pvt. Danny Chen was found dead in guard tower in Afghanistan on Oct. 3 with what the Army described as an apparent self-inflicted gunshot wound. Eight of his fellow soldiers have been charged.
Cavan Sieczkowski
Dec 22, 2011
In a rare and complex legal case, a Vermont couple who married in April may be split up after the U.S. Citizenship and Immigration Service denied their application for a spousal green card.
IBT Staff Reporter
Dec 22, 2011
Occupy Wall Street registers as one of the biggest surprises of 2011. Despite constant criticisms that it lacked a concrete set of goals or demands, Occupy Wall Street's broad critique of economic injustice resonated with a country still grappling with the fallout from the financial crisis. A timeline of the movement.
Jeremy White
Dec 22, 2011
A German court rejected Apple's claims that Samsung Electronics' reworked tablet PC still looks like a copycat version of the iPad, in a preliminary assessment.
IBT Staff Reporter
Dec 22, 2011
Aussie Teen Jailed for 13 Years for Stabbing Murder of an International Student in Melbourne
Aditi Mathur
Dec 22, 2011
Federal land managers said on Wednesday they have decided to scale back a disputed roundup of wild horses in Nevada next month and to postpone the planned castration of stallions as part of the operation.
IBT Staff Reporter
Dec 22, 2011
An Australian teenage boy was sentenced to up to 13 years jail on Thursday for murdering an Indian student in 2010, an attack which ignited a diplomatic crisis and damaged the nation's international student sector, the third largest export earner.
W Rorrkychand Singh
Dec 22, 2011
The son of Oscar-winning actor Michael Douglas was sentenced on Wednesday to an additional 4 and a half years in prison for taking drugs while jailed on separate offenses of possessing and dealing narcotics.
IBT Staff Reporter
Dec 22, 2011
A New York court has dismissed a lawsuit by a man dubbed the Flying Rabbi against TV network ABC and late-night talk show Jimmy Kimmel Live over its use of the man's image in a parody involving basketball star LeBron James.
IBT Staff Reporter
Dec 22, 2011
A federal judge on Wednesday upheld an order to extradite to Mexico a former producer for the TV show Survivor to face charges he killed his wife while on holiday in the resort town of Cancun.
IBT Staff Reporter
Dec 22, 2011
An electronics company engineer who the U.S. government considers a one-man sperm bank has fathered an estimated 14 children through free donations of his semen that he advertises over the Internet.
IBT Staff Reporter
Dec 21, 2011
Greg Heffley had better take his vitamins and do some push-ups, because he's about to go up against a formidable foe indeed -- a zombie who bears an eerie likeness to him.
IBT Staff Reporter
Dec 21, 2011
