Legal & Regulatory

German authorities raid EADS, ThyssenKrupp joint venture

Atlas Elektronik and Rheinmetall Defence Electronics were raided by German authorities in relation to bribery accusations on a submarine equipment order.


Mexico CB governor urges Fed to clarify plans for reduction of bond purchases

Agustin Carstens, Governor of the Mexican central bank, asked the US Federal Reserve to clarify its plans for the reduction of its monthly bond purchases.

Wild pig pestilence is a problem in US states

The presence of wild pigs had become a huge problem in the United States. Agriculture authorities in the US said wild pigs had become a tremendous problem in the country.

Tradition of "client hires" under fire with SEC's JPMorgan bribery probe

Banks were prompted to look at their tradition of "client hires" as the SEC deepened its investigation of JPMorgan's hiring of two Chinese nationals.


Latest News

The European Union said it would study the possibility of using economic pressure to end the bloodshed in Egypt.
President Obama met with regulators of the US financial markets to discuss their progress on the implementation of the 2010 Wall Street Reform Law.
Al Jazeera America filed a lawsuit against AT&T for terminating their contract unfairly. Al Jazeera America filed a case against AT&T for unfairly terminating their Affiliation Agreement.
A federal judge upheld a jury decision against Marvell Technology on the patent infringement case filed Carnegie Mellon University.
Argentina lost an appeal in a 2nd district circuit court in New York and deemed to wait until the US Supreme Court had finished reviewing their case.
Mt. Gox's financial worries further increased after the US Department of Homeland Security took USD2.9 million from its Dwolla account and another USD2.1 million worth of frozen assets from the company's Wells Fargo accounts.
JP Morgan Chase & Co. said that it would halt receiving any new businesses from foreign banks neither would it accept new clients.
American International Group Inc. (AIG) would get a hefty USD905 million settlement from Brookfield Asset Management to resolve a dispute tied to interest rate swaps.
American Airlines and US Airways Group had sought for a trial that would rescheduled an anti-trust lawsuit filed against the proposed merger of the two airline companies.
Christopher Lane, a student on a baseball scholarship in Oklahoma, was shot and killed while jogging by three 'bored' teenagers.