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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

  • Shipping company pleads guilty in molasses spill

    Sat, 25 Oct 2014 01:28:27 GMT

    HONOLULU (AP) — A shipping company pleaded guilty Friday to criminal charges from a 233,000-gallon molasses spill in Honolulu Harbor, but a federal judge said he wants to examine the legality of $600,000 in community service payments the company has agreed to pay.

  • Italian court acquits Dolce&Gabbana in tax case

    Fri, 24 Oct 2014 19:22:21 GMT

    MILAN (AP) — Italy's highest court acquitted Domenico Dolce and Stefano Gabbana of tax evasion Friday in a case that created such public acrimony that the designers closed their Milan stores in protest for several days last year.

  • Rajaratnam brother barred for 5 years in SEC deal

    Fri, 24 Oct 2014 00:35:38 GMT

    WASHINGTON (AP) — The brother of a jailed former hedge fund boss will be barred for at least five years from the securities industry and pay about $841,000 to settle a civil insider trading case against him.

  • South Africans indicted in US on illegal hunts

    Thu, 23 Oct 2014 20:57:59 GMT

    MONTGOMERY, Ala. (AP) — Two South African brothers have been indicted in Alabama on charges of conspiracy to sell illegal rhinoceros hunting trips to Americans and of selling rhino horns on the black market.

  • Tesco chairman resigns after accounting scandal

    Thu, 23 Oct 2014 10:29:56 GMT

    LONDON (AP) — The chairman of Tesco, the world's second-biggest retailer behind Walmart, announced his resignation Thursday amid an accounting scandal in which the company admitted it had overstated its projected profits.

  • Tesco chair resigns after accounting scandal

    Thu, 23 Oct 2014 08:25:26 GMT

    LONDON (AP) — The chairman of Tesco, the world's second-biggest retailer behind Walmart, has resigned amid an accounting scandal in which the company admitted it had overstated its profits.

  • Oregon cuts ties with Oracle's health exchange

    Wed, 22 Oct 2014 22:32:12 GMT

    PORTLAND, Ore. (AP) — Oregon is cutting its last ties with a botched health insurance exchange portal built by Oracle Corp. as the state and the high-tech company pursue lawsuits against each other.

  • Princess in cockfighting case gets probation

    Wed, 22 Oct 2014 22:06:25 GMT

    PORTLAND, Ore. (AP) — A Romanian princess who helped run a cockfighting enterprise in Oregon has been sentenced to three years of probation and won't have to go to prison.

  • Company fined $25M for work-at-home scheme

    Wed, 22 Oct 2014 20:59:17 GMT

    LOS ANGELES (AP) — A federal judge has fined a California company $25 million for misleading 110,000 people to buy into a work-at-home scheme that almost never paid off.

  • Jury rules against Texas company in guardrail case

    Tue, 21 Oct 2014 21:54:32 GMT

    DALLAS (AP) — A jury has decided that a Texas company should pay $175 million in a case involving the safety of thousands of guardrails on highways around the country.

  • Casino resisting Donald Trump's bid to remove name

    Mon, 20 Oct 2014 21:03:26 GMT

    ATLANTIC CITY, N.J. (AP) — A casino company that agreed to Donald Trump's demand to remove his name from its now-closed Trump Plaza is refusing to strip the name from its lone remaining casino, the struggling Trump Taj Mahal.

  • Facebook sues law firms, claims fraud

    Mon, 20 Oct 2014 20:27:32 GMT

    NEW YORK (AP) — Facebook is suing several law firms that represented a man who claimed he owned half of the social network and was entitled to billions of dollars from the company and its CEO Mark Zuckerberg.

  • Court rejects appeal from Duane Reade Ex-CEO, CFO

    Mon, 20 Oct 2014 13:38:08 GMT

    WASHINGTON (AP) — The Supreme Court has rejected appeals from two former executives of New York City drugstore chain Duane Reade Inc. who were convicted of securities fraud.

  • Brazilian candidates spar over poverty, corruption

    Mon, 20 Oct 2014 02:33:27 GMT

    SAO PAULO (AP) — Brazilian President Dilma Rousseff highlighted her government's achievements in reducing poverty while her rival used Sunday night's presidential debate to attack her on allegations of bribery in state-run oil company Petrobras.

  • China jails 2 reporters accused of faking stories

    Fri, 17 Oct 2014 10:23:07 GMT

    BEIJING (AP) — A Chinese court on Friday jailed two journalists accused of taking bribes and smearing an engineering company with fabricated articles, one of a series of recent scandals surrounding the state-controlled media.

  • Arguments made in ex-dictator's suit against game

    Thu, 16 Oct 2014 23:37:34 GMT

    LOS ANGELES (AP) — Lawyer and former New York City Mayor Rudy Giuliani cited his own experience as a public figure while arguing Thursday that a lawsuit by disgraced Panamanian dictator Manuel Noriega against video game maker Activision should be dismissed.

  • Hershey settles with Colorado edible pot company

    Thu, 16 Oct 2014 23:01:14 GMT

    DENVER (AP) — A Colorado marijuana company must recall or destroy its pot-infused edibles that resemble iconic Hershey treats as part of a settlement agreement with the chocolate company.

  • Ex-analyst gets 5 years in prison in NYC case

    Thu, 16 Oct 2014 22:18:40 GMT

    NEW YORK (AP) — A former investment analyst for a San Francisco hedge fund was sentenced Thursday to five years in prison after prosecutors labeled him one of the most prolific leakers of inside information they'd ever seen.

  • Swiss banker describes IRS secrecy in US trial

    Wed, 15 Oct 2014 18:40:21 GMT

    FORT LAUDERDALE, Fla. (AP) — They were known as the prized "black accounts," those held in Swiss banks by wealthy Americans who wanted to make sure their billions of dollars in assets were securely hidden from the IRS, a longtime banker testified Wednesday in the trial of a former senior executive at UBS AG.

  • Ex-financial analyst facing insider trading charge

    Tue, 14 Oct 2014 23:24:55 GMT

    NEW YORK (AP) — A former senior finance analyst at Merck & Co. is facing an insider trading charge after authorities said Tuesday that he passed secrets to a friend he met at college that earned $722,000 in illegal profits.

  • Judge will rule Friday on Taj Mahal casino future

    Tue, 14 Oct 2014 22:08:07 GMT

    WILMINGTON, Del. (AP) — A federal bankruptcy judge will decide Friday whether to terminate the union contract of Atlantic City's Taj Mahal Casino Resort, something the struggling casino says is necessary to avoid shutting down next month.