Justice Department News
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Updated 14 minutes ago
The European Commission published the members and remit of a group of experts that will examine whether banks should build internal firewalls to protect taxpayers and customers when failure of one part of a lender threatens to cascade throughout the company.
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Updated 51 minutes ago
President Barack Obama is promoting his administration’s energy and economic policies in response to Republican criticism over rising gasoline prices in the battleground state of Florida today.
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Updated 2 hours, 5 minutes ago
Eastman Kodak Co.’s newest patent- infringement complaint against Apple Inc. and HTC Corp. will be reviewed by a federal trade agency with the power to block imports of products that infringe U.S. patents.
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BP Plc and Anadarko Petroleum Corp. are liable for Clean Water Act violations, a judge ruled, allowing the U.S. to seek fines of as much as $1,100 per barrel of oil spilled in the Gulf of Mexico in 2010.
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Mattel Inc. has won dismissal of an antitrust lawsuit by MGA Entertainment Inc., the toymaker that sought $1 billion in damages alleging Mattel violated antitrust laws in a dispute over Bratz dolls.
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Updated 14 minutes ago
The fate of President Barack Obama’s health-care law may hinge on the administration’s ability to enlist an unlikely ally: Justice Antonin Scalia, the pillar of the U.S. Supreme Court’s conservative wing.
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Shares of the following companies may have unusual moves in European trading. Stock symbols are in parentheses.
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Verizon Wireless, the largest U.S. mobile provider, should be prevented by federal regulators from buying airwaves from cable companies to avoid “excessive concentration” of spectrum, T-Mobile USA Inc. said.
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Citigroup Inc., which last week admitted breaking Federal Housing Administration rules and paid a fine, also violated regulations for home loans sold to Fannie Mae and Freddie Mac, according to a whistle-blower’s complaint.
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The U.S. dropped the biggest prosecution of individuals accused of foreign bribery after two trials in the case ended with three acquittals and seven mistrials.
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