JPMorgan Chase & Co. agreed to a $2 billion settlement Wednesday in order to settle claims in a class action suit brought after WorldCom's collapse. The plaintiffs, WorldCom investors, have...
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The US Department of Energy said Wednesday that government employees may have falsified documents related to Nevada's Yucca Mountain nuclear waste project. Energy Secretary Samuel Bodman said that, while preparing for a license...
Leading Wednesday's corporations and securities law news, staff at the Federal Trade Commission (FTC) will recommend the agency block Blockbuster Inc.'s prospective bid to buy Hollywood Entertainment Corp. saying the deal would hurt...
The US Senate voted 51-49 Wednesday afternoon to allow oil drilling in Alaska's Arctic National Wildlife Refuge . The Senate defeated an amendment that would have removed the refuge drilling provision from next...
CBC News is reporting that Ripudaman Singh Malik has been found not guilty on all charges stemming from the 1985 Air India bombing that killed 329 people and resulted in the longest and...
Lakeland, Florida's Second District Court of Appeal Wednesday refused to block the removal of Terri Schiavo's feeding tube, which is currently scheduled to be removed Friday afternoon. The court denied a request by Schiavo's...
California Judge Alfred A. Delucchi Wednesday denied Scott Peterson's request for a new trial and upheld the jury recommendation that Peterson be sentenced to death. Scott Peterson was...
Russell G. Redenbaugh , the longest-serving member of the US Commission on Civil Rights , resigned from the panel Tuesday, citing irresponsible spending in pursuit of partisan agendas and saying the commission should be shut down. Redenbaugh,...
Reuters is reporting that President Bush will pick Federal Communications Commission member Kevin Martin to serve as the new head of the agency. Current Chairman Michael Powell resigned in January and plans to...
AP is reporting that the US House has approved an $81.4 billion emergency spending package for combat and reconstruction in Iraq and Afghanistan....
