Are You a Legal Professional?

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

  • Ex-Defense Department employee sentenced to 6 years

    Fri, 02 Dec 2016 23:55:29 GMT

    SAN DIEGO (AP) — A retired Department of Defense contracting supervisor was sentenced Friday to six years in prison for accepting bribes from a Malaysian businessman nicknamed "Fat Leonard" who is at the center of the Navy's worst corruption case.

  • Political donor pleads guilty to investment fraud scheme

    Fri, 02 Dec 2016 22:55:31 GMT

    ALEXANDRIA, Va. (AP) — A political donor and cable news commentator pleaded guilty Friday to federal criminal charges in what prosecutors described as a $30 million investment fraud scheme tied to his health-technology company.

  • Spain raises taxes to try to meet EU deficit target

    Fri, 02 Dec 2016 15:31:08 GMT

    MADRID (AP) — Spain's conservative government says it hopes to bring in an extra 7.5 billion euros ($8 billion) in taxes to help bring down its budget deficit next year to close to the 3 percent level permitted by the European Union.

  • School bus driver declines interview in fatal crash probe

    Thu, 01 Dec 2016 23:44:25 GMT

    NASHVILLE, Tenn. (AP) — The driver in a Chattanooga school bus wreck that killed six children last week has declined to be interviewed by federal crash investigators on advice of his lawyer, the National Transportation Safety Board said Thursday.

  • Brazil judge in Petrobras probe urges Senate to oppose bill

    Thu, 01 Dec 2016 23:07:02 GMT

    SAO PAULO (AP) — The federal judge presiding over the corruption-kickback investigation at Brazil's state oil company Petrobras urged senators on Thursday to oppose legislation that would allow judges and prosecutors to be charged with abuse of authority.

  • HP Enterprise disputes claims in Rhode Island lawsuit

    Thu, 01 Dec 2016 20:56:58 GMT

    PROVIDENCE, R.I. (AP) — Hewlett Packard Enterprise is defending itself against a lawsuit Rhode Island filed over an unfinished computer system, saying the company has spent nearly $34 million more than the state has paid HP Enterprise to create the system for the state's Division of Motor Vehicles.

  • Brazilian prosecutors threaten to quit corruption probe

    Wed, 30 Nov 2016 23:39:32 GMT

    SAO PAULO (AP) — Brazilian prosecutors are threatening to quit their investigation into a corruption-kickback scheme at state oil company Petrobras if legislation that would allow judges and prosecutors to be charged with abuse of authority is signed by President Michel Temer.

  • Former potato chip exec gets prison for $1.4 million fraud

    Wed, 30 Nov 2016 13:21:23 GMT

    HARRISBURG, Pa. (AP) — A former executive with a Pennsylvania potato chip and snack food company will spend more than four years in federal prison for defrauding the company out of roughly $1.4 million.

  • Ski resort to open with $6.5M shortfall after fraud case

    Tue, 29 Nov 2016 22:48:47 GMT

    JAY, Vt. (AP) — A ski resort whose owner and president were accused by the Securities and Exchange Commission of massive fraud months ago is set to open for the season on Saturday with what a federal receiver overseeing it says is a $6.5 million shortfall.

  • Ski resort accused of fraud set to open with $6.5M shortfall

    Tue, 29 Nov 2016 21:52:44 GMT

    JAY, Vt. (AP) — A ski resort whose owner and president were accused by the Securities and Exchange Commission of massive fraud months ago is set to open for the season on Saturday with what a federal receiver overseeing it says is a $6.5 million shortfall.

  • Samsung to boost dividends, review corporate structure

    Tue, 29 Nov 2016 04:20:55 GMT

    SEOUL, South Korea (AP) — Samsung Electronics said Tuesday it will increase shareholder returns and review its corporate structure as investors step up pressure to reform the South Korean tech giant's governance structure following the Galaxy Note 7 fiasco.

  • Accountant admits stealing $3 million from grain shipper

    Mon, 28 Nov 2016 19:48:46 GMT

    ALBANY, N.Y. (AP) — A corporate accountant in New York admitted Monday to stealing at least $3.1 million from agribusiness giant Cargill, Inc., and causing $25 million in losses to the privately held company's grain shipping operations at the Port of Albany.

  • Justices reject appeal of Ponzi scheme conviction

    Mon, 28 Nov 2016 14:40:48 GMT

    WASHINGTON (AP) — The Supreme Court has declined to disturb the conviction of former Texas tycoon R. Allen Stanford on fraud, conspiracy and obstruction charges.

  • Wells Fargo seeks arbitration order in customer lawsuit

    Sat, 26 Nov 2016 23:40:54 GMT

    Wells Fargo & Co. wants a federal court judge in Utah to order that customers suing the banking giant over improper sales practices submit their claims to binding arbitration.

  • Executives linked to fallen Chinese presidential aide jailed

    Fri, 25 Nov 2016 05:33:40 GMT

    BEIJING (AP) — A group of Chinese executives linked to an imprisoned former presidential aide who was brought down by a fatal Ferrari crash were convicted Friday of insider trading and other offenses.

  • Feds: Hanford contractors to pay $125 million settlement

    Thu, 24 Nov 2016 00:18:59 GMT

    SEATTLE (AP) — Bechtel National Inc. and a subcontractor have agreed to pay $125 million to settle a lawsuit alleging subpar work in building a nuclear waste treatment facility on the Hanford Nuclear Reservation in Washington state, along with accusations that Bechtel illegally used taxpayer money for lobbying.

  • Spike Lee sued for failing to pay union health contributions

    Wed, 23 Nov 2016 23:51:14 GMT

    NEW YORK (AP) — Filmmaker Spike Lee and his companies are being sued by the directors of three union benefit plans who contend he didn't make sufficient health and pension contributions.

  • The Latest: Wal-Mart 'likely to appeal' verdict on wages

    Wed, 23 Nov 2016 22:24:15 GMT

    SAN FRANCISCO (AP) — The Latest on the lawsuit against Wal-Mart on behalf of California truck drivers (all times local):

  • Romania: Radio chief, 10 others indicted for abuse of office

    Wed, 23 Nov 2016 16:21:24 GMT

    BUCHAREST, Romania (AP) — Prosecutors have indicted the head of Romania's public radio company and 10 others for allegedly abusing their positions for personal gain.

  • Lawsuit over snake-infested Maryland house has been settled

    Wed, 23 Nov 2016 13:07:51 GMT

    ANNAPOLIS, Md. (AP) — A lawsuit over the sale of a snake-infested house in Maryland has been settled.

  • Samsung, pension fund raided as South Korean probe widens

    Wed, 23 Nov 2016 10:02:22 GMT

    SEOUL, South Korea (AP) — South Korean prosecutors investigating a corruption scandal surrounding the country's president and her friend raided a unit of the country's largest business group, Samsung, and the national pension fund on Wednesday, as public outrage grows over Samsung's alleged link to the scandal.