Charles Carter

EEOC $240 Million Turkey Farm Workers’ Verdict to Be Cut

The U.S. Equal Employment Opportunity Commission and the Iowa turkey farm against which it won a record $240 million award on behalf of employees with mental disabilities told a federal judge that sum must be reduced.

Lehman Brokerage Trustee Says He’s Near Paying Customers

The trustee liquidating the Lehman Brothers Inc. brokerage said he expects to close settlement agreements with affiliates “in the near future” that should enable him to pay approved customers in full.

Google Asks Appeals Court to Void Suit as Class Action

Google Inc. asked an appeals court to reject class-action status for a lawsuit over digital books that a company lawyer said includes a request for more than $3 billion in damages.

Escaped 1973 Slayer of N.J. Trooper Added to FBI Terrorist List

Joanne Chesimard, the Black Liberation Army militant who fled prison for Cuba after being convicted of killing a New Jersey state trooper in 1973, was added to the FBI most-wanted terrorist list, and a reward for her capture was doubled to $2 million.

Madoff Trustee Asks $50 Million for Work July 1-Nov. 30

The liquidator of Bernard Madoff’s firm asked a judge to approve $50 million of fees and expenses for his law firm’s work from July 1 through Nov. 30, according to a federal court filing in Manhattan.

GE Pension Claim on Lehman Brokerage Cut to $5.8 Million

General Electric Pension Trust will settle a dispute with the defunct Lehman Brothers Inc. brokerage by agreeing to take a $5.8 million claim on the bankrupt estate, down from the $356.6 million creditor claim it originally filed in 2009, according to a filing in federal court in Manhattan.

Greenwich High School Was in Lockdown, Police Say

Greenwich High School in Connecticut was in lockdown after police were called to the school, authorities said. No one was injured, police said. A news conference was called for 12:30 p.m.

Dow Chemical Loses $400 Million Verdict in Price-Fixing Trial

Dow Chemical Co. lost a $400 million jury verdict in a trial over claims that it conspired with other chemical makers to fix the price of urethane products used in making cars, appliances and furniture.

Stanford’s Chief Accountant Lopez Is Sentenced to 20 Years

R. Allen Stanford’s former chief accounting officer, Gilbert Lopez, 70, was sentenced to 20 years in prison for helping to conceal Stanford’s $7 billion Ponzi scheme.

Rajaratnam Trial Delayed One Week Until March 8 by U.S. Judge in New York

The insider-trading trial of Raj Rajaratnam, co-founder of Galleon Group LLC, was delayed one week until March 8 by a federal judge in New York. The judge didn’t explain the reason for the delay.

U.S. Stocks Advance on Leading Indicators, Sentiment Data

U.S. Stocks, Dollar Rise as Data Fuel Economic Confidence

Gold Heads for Longest Slump in Four Years on Fed, Dollar

‘Star Trek’ $112 Million Open to Put Summer in Warp Drive

Exiting IRS Chief Denies Targeting as Republicans Pounce