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Business News

Business never stops, so it’s important to have a timely source of information on developments in the business world. In today’s marketplace, businesses not only have to contend with market forces, but they also have to comply with regulations and protect themselves against any number of potential legal liabilities. FindLaw’s Business News is the leading source of news concerning developments in business law and regulations, with articles by FindLaw writers and attorneys knowledgeable in the field. These reports will help businesses stay on the leading edge and keep one step ahead of their competitors.

Top Headlines

  • Propane deliveries part of daily life in Mexico

    Fri, 30 Jan 2015 22:00:34 GMT

    MEXICO CITY (AP) — It was the sort of scene that plays out thousands of times a day across Mexico City: A tanker truck laden with propane rumbled down a crowded street, pulled up at a hospital and began to pump gas into its storage tanks.

  • Lawsuit: Exploding air bag killed Texas man

    Fri, 30 Jan 2015 21:20:23 GMT

    HOUSTON (AP) — The family of a Texas man who might be the latest victim of exploding automobile air bags made by Takata Corp. of Japan has filed a lawsuit in connection with his death.

  • Court upholds deceptive ad claims against POM

    Fri, 30 Jan 2015 17:26:34 GMT

    WASHINGTON (AP) — A federal appeals court said Friday that many advertising claims for POM Wonderful juice were deceptive in asserting that it curbs the risk of heart disease, prostate cancer and erectile dysfunction and is clinically proven to work.

  • India woman sues Uber after reporting driver raped her

    Thu, 29 Jan 2015 23:10:58 GMT

    SAN FRANCISCO (AP) — A woman who says an Uber driver raped her in New Dehli, India, on Thursday accused the company in a lawsuit filed in U.S. court of failing to properly investigate the alleged assailant's background.

  • Woman in India sues Uber after reporting driver raped her

    Thu, 29 Jan 2015 22:24:49 GMT

    SAN FRANCISCO (AP) — A woman who says an Uber driver raped her in New Dehli, India, has sued the San Francisco-based company in federal U.S. court.

  • Feds: Treasure hunter eluded police with cash, tradecraft

    Thu, 29 Jan 2015 22:01:17 GMT

    WEST PALM BEACH, Fla. (AP) — Authorities say a deep-sea treasure hunter who vanished during a court fight over his $50 million haul of gold bars and coins eluded capture by living in a two-room hotel suite under a fake name, using only cash.

  • Venezuelan hedge fund manager gets 13 years for fraud scheme

    Thu, 29 Jan 2015 21:14:33 GMT

    BRIDGEPORT, Conn. (AP) — A Venezuelan-American hedge fund manager was sentenced Thursday to 13 years in prison for running a Connecticut fraud scheme involving hundreds of millions of dollars from Venezuela's state oil company.

  • Brazil: Petrobras case had $800M in kickbacks found so far

    Thu, 29 Jan 2015 20:25:01 GMT

    RIO DE JANEIRO (AP) — Brazilian prosecutors said Thursday that a kickback scheme at state-run oil company Petrobras involved at least $800 million in bribes and other illegal funds. They expect that figure to grow as they keep investigating.

  • Venezuelan hedge fund manager gets 13 years in prison

    Thu, 29 Jan 2015 19:42:36 GMT

    BRIDGEPORT, Conn. (AP) — A Venezuelan-American hedge fund manager was sentenced Thursday to 13 years in prison for running a Connecticut fraud scheme involving hundreds of millions of dollars from Venezuela's state oil company.

  • Fugitive treasure hunter says in court he is very sick

    Thu, 29 Jan 2015 19:27:58 GMT

    WEST PALM BEACH, Fla. (AP) — A treasure hunter who vanished two years ago while he was in a dispute over one of the greatest deep-sea hauls in American history was in court Thursday, appearing ready to defend himself and saying he was in an "extreme medical situation."

  • Mobile provider TracFone to pay $40M in federal settlement

    Wed, 28 Jan 2015 23:40:19 GMT

    WASHINGTON (AP) — The nation's largest prepaid mobile provider, TracFone Wireless, will pay $40 million to settle government claims that it misled millions of smartphone customers with promises of unlimited data service.

  • Tiger fight: China and Alibaba face off over fake goods

    Wed, 28 Jan 2015 23:03:19 GMT

    BEIJING (AP) — There's a tiger fight going on in China.

  • Owners of Ohio mansion gutted by fire sue insurer for $60M

    Wed, 28 Jan 2015 21:37:52 GMT

    CINCINNATI (AP) — The owners of a $4 million suburban mansion that burned to the ground last year are suing their insurance company for almost $60 million, saying it didn't honor their claims.

  • Back from Brazil, ex-music promoter faces $300M fraud case

    Wed, 28 Jan 2015 19:51:11 GMT

    MIAMI (AP) — A former airline pilot who reached the heights of the music promotion business by producing shows for acts ranging from the Rolling Stones to Santana to Coldplay sat shackled in a Florida courtroom Wednesday, faced with a $300 million fraud case after spending years fighting extradition from Brazil.

  • Toyota lawyer urges jury to find it not responsible in crash

    Wed, 28 Jan 2015 18:08:04 GMT

    MINNEAPOLIS (AP) — A Toyota Motor Corp. lawyer has told a Minnesota jury deciding whether the automaker is responsible for a crash that killed three people that the car couldn't have accelerated so quickly if the driver hit the brakes as he claimed.

  • Fugitive treasure hunter nabbed in Florida after 2-year hunt

    Wed, 28 Jan 2015 15:43:03 GMT

    A fugitive treasure hunter embroiled in a legal fight over what's been described as the greatest lost treasure in American history has been arrested in Florida after more than two years on the lam, authorities said Wednesday.

  • Oppenheimer paying $20M in settlements with US regulators

    Tue, 27 Jan 2015 20:31:53 GMT

    WASHINGTON (AP) — Oppenheimer & Co. is paying $20 million in civil settlements with U.S. regulators who accused the investment firm of improper sales of penny stocks and inadequate controls against money laundering.

  • Gowdy says Obama admin slow-walking documents on Benghazi

    Tue, 27 Jan 2015 16:19:39 GMT

    WASHINGTON (AP) — The chairman of a special House committee investigating the deadly 2012 attacks in Benghazi, Libya, says the inquiry is being hobbled by resistance from the Obama administration.

  • Democrats, Republicans spar over Benghazi investigation

    Tue, 27 Jan 2015 08:33:25 GMT

    WASHINGTON (AP) — A special House committee investigating the deadly 2012 attacks in Benghazi, Libya, began last year with promises of bipartisanship and cooperation.

  • Democrat assails GOP leader of House Benghazi committee

    Tue, 27 Jan 2015 01:34:26 GMT

    WASHINGTON (AP) — Democrats on a special House committee investigating the deadly 2012 attacks in Benghazi, Libya, have complained that the panel's Republican chairman has excluded them from crucial steps in the investigation while Republicans meet with witnesses.

  • Attorneys battle over venue for Caesars bankruptcy case

    Mon, 26 Jan 2015 20:32:03 GMT

    WILMINGTON, Del. (AP) — A court battle over whether the bankruptcy case of casino giant Caesars Entertainment Corp. should proceed in Delaware or in Illinois was postponed Monday because of a snowstorm bearing down on the East Coast.