Public labor unions asked a US court to throw out Detroit's bankruptcy filing on various grounds.
Legal & Regulatory
Judge throws out pension fund claim against Moody's
US District Judge George B. Daniels dismissed the suit filed by Teamsters Local 282 Pension Trust Fund against the credit ratings agency Moody's.
Beating death of WWII veteran highlights criminal institutionalization
Delbert Belton was beaten to death by two teenagers, expanding again the issues of penal institutions and their activities.
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.
Latest News
A federal judge allowed the lawsuit filed by the Justice Department against a unit of Bank of America to proceed by endorsing a broad interpretation of the FIRREA.
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.
