European shares tracked Wall Street into the red in light trade on Wednesday, with auto makers the steepest fallers as investors cashed in on a recent rally.
Confidential whistleblower documents that helped spark a massive state and federal investigation into how Bank of New York Mellon Corp charged pension funds for currency exchange, provide a rare window into how a bank insider aided a lawsuit against the bank.
The Obama administration cleared the way for U.S. states to legalize Internet poker and certain other online betting in a switch that may help them reap billions in tax revenue and spur web-based gambling.
GoDaddy, a giant domain name registrar, has announced that it is no longer supporting the Stop Online Piracy Act otherwise known as SOPA, which is now making its way through U.S. Congress.
The U.S. Justice Department has rejected the South Carolina voter ID law, calling it discriminatory, citing concerns about the law's effect on African-American voters.
A former unit of General Electric Co. (GE) agreed to pay $70.35 million to U.S. regulators to resolve complaints about the company's role in anticompetitive activity in the municipal bond investments market.
The Obama administration scores another preliminary injunction against a state that has enacted a law attempting to drive out undocumented immigrations.
The AT&T/T-Mobile is the third high-profile merger the U.S. Department of Justice has successfully defeated in 2011.
Bank of America stressed that only Countrywide's practices are at issue in Wednesday's announcement of a settlement for discriminatory mortgage lending practices.
Based on a preliminary vote count, 99 percent of shareholders of the Franklin, N.J.-based pharmacy benefit manager approved the merger.
A survey from the United States and Canada found 40 percent of police officers had symptoms of a sleep disorder, including sleep apnea and insomnia.
AT&T Inc. (NYSE: T) said on Monday that it was ending a $39 billion bid to acquire T-Mobile USA, a unit of Deutsche Telekom AG, which began in March. The announcement came via an AT&T statement and after a thorough review of options.
The Dallas-based company announced Monday that after a thorough review of its options it was backing out of the $39 billion deal, thus avoiding a costly and potentially lengthy legal battle.
The Dallas-based company's plan to sell off some of its assets in order to gain regulatory approval for its $39 billion merger are falling flat, which could spell trouble for the merging parties as they try to convince regulators that a merger wouldn't concentrate too much power in the wireless industry.
Talks over potential asset sales as part of AT&T Inc's efforts to get approval of its $39 billion purchase of T-Mobile USA have gone cold, according to The Wall Street Journal on Sunday.
Georgia, Alabama and South Carolina have sought to halt Department of Justice challenges to their Arizona-style immigration laws, pending a U.S. Supreme Court review.
