Disney Enterprises Inc., Warner Bros. Entertainment Inc. and four other movie studios accused the closed file-sharing service Megaupload.com of massive theft of intellectual property in a copyright-infringement lawsuit.
The Justice Department is building a bribery case against Alstom SA, the French maker of trains and power equipment, that is likely to result in one of the largest U.S. anticorruption enforcement actions, according to two people with knowledge of the probe.
Och-Ziff Capital Management Group LLC, the hedge-fund firm run by Daniel Och, fell after saying U.S. regulators are investigating whether it broke bribery laws in accepting an investment from a sovereign wealth fund.
It’s 20 minutes before 4 p.m. in London and currency traders’ screens are blinking red and green. Some dealers have as many as 50 chat rooms crowded onto four monitors arrayed in front of them like shields. Messages from salespeople and clients appear, get pushed up by new ones and vanish from view. Orders are barked through squawk boxes.
Joaquin “El Chapo” Guzman, the alleged head of the Sinaloa drug cartel, once referred to Chicago as his “home port,” a hub of a narcotics empire he built by filling a power vacuum left by the imprisonment of the city’s gang leaders.
UBS AG, trying to reprise its success in limiting fines in a probe of interest-rate rigging, is seeking immunity in the U.S. and European Union as part of the global investigation of currency markets, two people with knowledge of the case said.