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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

  • Bankruptcy hearing could decide fate of RadioShack

    Thu, 26 Mar 2015 23:41:45 GMT

    WILMINGTON, Del. (AP) — A hearing on whether to approve the bankruptcy sale of assets of electronics retailer RadioShack opened Thursday with the company seeking court approval of the purported winning bid, and an attorney for a losing bidder describing the auction as a sham and asking a Delaware judge to reopen the sale process.

  • Watchdog says senior Homeland official broke no laws

    Thu, 26 Mar 2015 18:59:29 GMT

    WASHINGTON (AP) — A senior Obama administration official violated agency ethics policies but did not break any laws when he intervened in three visa cases involving foreign investors with ties to prominent Democrats, a government watchdog told Congress Thursday.

  • Schlumberger Ltd. to pay $232M in sanctions violations case

    Wed, 25 Mar 2015 23:10:25 GMT

    WASHINGTON (AP) — The world's largest oil services company, Schlumberger Ltd., has agreed to a penalty of more than $232 million and one of its subsidiaries will plead guilty to trade sanctions violations, the Justice Department announced Wednesday.

  • Suspicion surrounded Florida businessman who faked his death

    Wed, 25 Mar 2015 16:04:02 GMT

    JACKSONVILLE, Fla. (AP) — Jose Lantigua's family appeared to be living the American Dream. The Cuban immigrant claimed he had a heroic military career and earned numerous degrees before running a successful furniture business. He owned a Florida beachfront condo and a new home atop a verdant North Carolina mountain.

  • US high court limits investor suits over deceptive comments

    Tue, 24 Mar 2015 19:20:11 GMT

    WASHINGTON (AP) — A unanimous U.S. Supreme Court ruled Tuesday that investors can't sue companies for making misleading statements of opinion prior to a public stock offering, even if those statements turn out to be wrong.

  • Lawyer: Silicon Valley firm judged men, women differently

    Tue, 24 Mar 2015 18:07:04 GMT

    SAN FRANCISCO (AP) — An attorney for a woman suing a prestigious Silicon Valley venture capital firm for gender discrimination said Tuesday the firm judged men and women by different standards.

  • Closing arguments begin in Silicon Valley gender bias suit

    Tue, 24 Mar 2015 17:48:31 GMT

    SAN FRANCISCO (AP) — An attorney for a woman suing a prestigious Silicon Valley venture capital firm for gender discrimination says the firm judged men and women by different standards.

  • Figure in scandal has long ties to Washington state auditor

    Tue, 24 Mar 2015 17:02:42 GMT

    OLYMPIA, Wash. (AP) — A part-time employee of the Washington state auditor's office is so little known to colleagues that some said they were hard-pressed to recall seeing him or even emailing with him. Nevertheless, he now finds himself a central figure in a scandal surrounding the agency.

  • High court limits securities suits over deceptive comments

    Tue, 24 Mar 2015 15:54:46 GMT

    WASHINGTON (AP) — A unanimous Supreme Court ruled Tuesday that investors can't sue companies for making misleading statements of opinion prior to a public stock offering just because those statements ultimately turn out to be wrong.

  • Expert: Silicon Valley bias suit spurs closer look by firms

    Tue, 24 Mar 2015 07:19:14 GMT

    SAN FRANCISCO (AP) — A sex discrimination trial that has put a spotlight on gender imbalance in Silicon Valley has prompted some technology and venture capital companies to re-examine their cultures and practices — even before a jury reaches its verdict.

  • Washington auditor says he's cooperating with investigation

    Mon, 23 Mar 2015 23:52:48 GMT

    OLYMPIA, Wash. (AP) — Washington state Auditor Troy Kelley returned to work Monday following a week during which his home was raided by federal agents and his office turned over records that were subpoenaed by the Justice Department.

  • Freedom Industries pleads guilty to pollution charges

    Mon, 23 Mar 2015 21:51:24 GMT

    CHARLESTON, W.Va. (AP) — A now-bankrupt chemical company pleaded guilty Monday to three pollution charges related to last year's spill that contaminated a West Virginia river.

  • High court will hear DirecTV appeal over termination fees

    Mon, 23 Mar 2015 14:44:43 GMT

    WASHINGTON (AP) — The Supreme Court will consider whether satellite provider DirecTV can cut off a class action lawsuit and force customers suing over early termination fees into private arbitration hearings instead.

  • Reportedly dead Florida man who arrested in N. Carolina

    Sun, 22 Mar 2015 21:42:48 GMT

    JACKSONVILLE, Fla. (AP) — A Jacksonville businessman reported dead two years ago in Venezuela was arrested in North Carolina on alleged fraud charges Saturday after his life insurance companies filed a lawsuit alleging he was alive and they shouldn't be making payments.

  • US Attorney Preet Bharara faces setbacks amid NY success run

    Sun, 22 Mar 2015 21:29:37 GMT

    NEW YORK (AP) — It was bad enough that New York's most famous prosecutor, Preet Bharara, lost in the sweepstakes to become the next U.S. attorney general nominee to a fellow federal prosecutor from his own city.

  • Brazil judge accepts charges against 11 companies

    Sat, 21 Mar 2015 20:17:06 GMT

    SAO PAULO (AP) — A Brazilian judge has accepted charges filed by state prosecutors against 11 companies accused of forming a cartel to raise prices on the construction and upkeep of subway and train systems in the state of Sao Paulo.

  • Gamblers in unshuffled cards case: Let us keep the money

    Fri, 20 Mar 2015 19:54:31 GMT

    ATLANTIC CITY, N.J. (AP) — Gamblers who have been ordered to return $1.5 million they won at an Atlantic City casino that unknowingly used unshuffled cards asked a judge on Friday to let them keep the money.

  • Bankruptcy of debt-heavy Caesars division complex, lengthy

    Thu, 19 Mar 2015 22:23:19 GMT

    LAS VEGAS (AP) — No one said it was going to be easy, and the bankruptcy of Caesars Entertainment's debt-heavy operations arm has been anything but as it appears to be growing even more complex and lengthier than expected.

  • Business Highlights

    Thu, 19 Mar 2015 22:09:02 GMT


  • BNY Mellon settles suits on currency transactions for $714M

    Thu, 19 Mar 2015 22:00:38 GMT

    ALBANY, N.Y. (AP) — New York and federal authorities reached a $714 million settlement Thursday with Bank of New York Mellon in lawsuits alleging the bank fraudulently represented rates for client currency transactions for a decade.

  • GM CEO Barra to be deposed in lawsuit over ignition switches

    Thu, 19 Mar 2015 21:06:35 GMT

    DETROIT (AP) — General Motors CEO Mary Barra will be deposed this fall by lawyers suing GM over its defective ignition switches.