Al Jazeera Satellite Network told Delaware’s highest court it shouldn’t be forced to make public the terms of a contract dispute that led AT&T Inc. to bar Al Jazeera America from its cable distribution system.
AT&T Inc. agreed to pay $3.5 million in addition to $18.25 million it already paid to resolve allegations it overbilled the U.S. for a system for the deaf the company knew was used for fraudulent calls from other countries.
After several drinks at a Greek restaurant on Manhattan’s Third Avenue in the summer of 2006, two computer programmers at Bernard Madoff’s investment firm asked their supervisor whether the boss’s business was a scam, Bloomberg News’ David Glovin and Bob Van Voris report.
AT&T Inc. got more than $16 million from the U.S. government to offer a calling service for the deaf that the company knew was being used by Nigerian fraudsters to steal from American merchants, the Justice Department said.
Treasury Secretary Jacob J. Lew warned chief executive officers of top U.S. banks in a private meeting last month that the final Volcker rule ban on proprietary trading would be tougher than Wall Street expects, likely putting limits on portfolio hedging.