Accused al-Qaeda terrorist Abu Anas al-Liby, who has pleaded not guilty to charges stemming from the 1998 bombings of U.S. embassies in Kenya and Tanzania, made self-incriminating statements after his arrest, the U.S. said.
Abu Dhabi Investment Authority made public an arbitration ruling against it in its claim against Citigroup Inc. over a $7.5 billion investment in the bank in 2007, after a judge ordered the decision made public.
Jefferson County, Alabama, commissioners said they may cancel a $1.84 billion debt- reduction settlement tied to the county’s bankruptcy-exit plan unless creditors offer about $350 million in new concessions.
Harry Belafonte sued the estate of Martin Luther King Jr. saying it’s trying to wrest ownership of several documents from him, including the draft of a speech found in the civil-rights leader’s suit pocket just after he was assassinated.
LinkedIn Corp. members who sued the professional-network company for allegedly hacking into their e- mail contacts amended a would-be class action complaint to add five plaintiffs to the initial four, according to a filing in federal court in San Jose, California, yesterday. Plaintiffs who joined include a lawyer, a corporate executive and a pediatrics professor.
A former official at Bank of America Corp.’s Countrywide unit who filed a whistle-blower suit testified that in mid-2007, a unit of the lender created a business model that approved a home mortgage loan in 13 minutes.
AMR Corp.’s arguments in favor of approving its plan to exit bankruptcy through a merger with US Airways Group Inc. are “fairly persuasive,” a judge said as the deal is held up by a U.S. antitrust lawsuit.