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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

  • Brazil's Petrobras: Graft scheme cost $2.1B in losses

    Thu, 23 Apr 2015 01:35:43 GMT

    RIO DE JANEIRO (AP) — Brazil's state-run oil company Petrobras said Wednesday that it lost $2.1 billion in an eight-year kickback scheme that saw the firm's executives taking bribes for awarding inflated contracts to suppliers.

  • High court: Energy companies must face price fixing claims

    Tue, 21 Apr 2015 14:43:22 GMT

    WASHINGTON (AP) — The Supreme Court ruled Tuesday that energy companies can be sued under state antitrust laws for illegally manipulating natural gas prices more than a decade ago during California's energy crisis.

  • High court won't hear appeal of Ex-Goldman board member

    Mon, 20 Apr 2015 13:38:26 GMT

    WASHINGTON (AP) — The Supreme Court has declined to disturb the conviction of a former Goldman Sachs and Procter & Gamble board member on charges of conspiracy and securities fraud.

  • 4 firms, 5 individuals charged in Texas over exports to Iran

    Fri, 17 Apr 2015 20:42:10 GMT

    HOUSTON (AP) — Four companies and five individuals have been accused of illegally exporting to Iran high-tech electronics that could be used for military weapons.

  • Wisconsin-based company settles suit filed by Eagles member

    Fri, 17 Apr 2015 06:07:14 GMT

    BELLEVILLE, Wis. (AP) — Wisconsin-based outdoor apparel retailer Duluth Trading Co. has settled a lawsuit from Eagles founding member Don Henley alleging trademark infringement.

  • Court monitor: Apple antitrust cooperation has 'declined'

    Thu, 16 Apr 2015 22:41:09 GMT

    NEW YORK (AP) — A court-appointed monitor says Apple Inc.'s cooperation with efforts in a New York federal case to improve its compliance with antitrust laws took on an "adversarial tone" recently.

  • Secrecy shrouds decade-old oil spill in Gulf of Mexico

    Thu, 16 Apr 2015 20:41:33 GMT

    OVER THE GULF OF MEXICO (AP) — A blanket of fog lifts, exposing a band of rainbow sheen that stretches for miles off the coast of Louisiana. From the vantage point of an airplane, it's easy to see gas bubbles in the slick that mark the spot where an oil platform toppled during a 2004 hurricane, triggering what might be the longest-running commercial oil spill ever to pollute the Gulf of Mexico.

  • Ex-Daimler engineer files $2 million discrimination suit

    Thu, 16 Apr 2015 16:17:59 GMT

    PORTLAND, Ore. (AP) — A Clark County, Washington, man who worked for Daimler Trucks North America in Portland, Oregon, is suing the company for $2 million, claiming his supervisor repeatedly called him "bin Laden" and suggested he was a member of al-Qaida.

  • Exxon: $8.9B sought in New Jersey pollution case 'not real'

    Wed, 15 Apr 2015 21:16:21 GMT

    NEWARK, N.J. (AP) — Exxon Mobil's top lawyer said Wednesday that a heavily criticized $225 million pollution settlement with New Jersey was reasonable and that the nearly $9 billion initially sought by the state shouldn't be used as a barometer because it was calculated using faulty methodology.

  • Climate change plan faces high-profile legal test

    Wed, 15 Apr 2015 16:44:09 GMT

    WASHINGTON (AP) — The centerpiece of the Obama administration's effort to tackle climate change is facing a high-profile legal test as a federal appeals court considers a plan that has triggered furious opposition from Republicans, industry figures and coal-reliant states.

  • 3 former Freddie Mac execs settle SEC disclosures lawsuit

    Wed, 15 Apr 2015 00:15:18 GMT

    WASHINGTON (AP) — A former CEO and two former top executives at mortgage giant Freddie Mac have settled a government lawsuit. They were accused of understating the amounts of high-risk mortgages that Freddie held just before the housing bubble burst in 2007.

  • Tobacco company lawsuit alleges FDA overstepping authority

    Tue, 14 Apr 2015 20:43:43 GMT

    WASHINGTON (AP) — The nation's largest tobacco companies are suing the Food and Drug Administration over recent guidelines that they claim overstep the agency's authority over labeling and packaging for cigarettes and other tobacco products.

  • This year's fight for the tech industry: Patent trolls

    Tue, 14 Apr 2015 19:48:10 GMT

    WASHINGTON (AP) — The same week that Alex Haro and Chris Hulls raised $50 million for their mobile app, Life360, the business partners got a letter. It said they had three days to pay licensing fees to a company they had never heard of because their app violated its patented technology.

  • Tobacco companies sue FDA to block guidelines

    Tue, 14 Apr 2015 19:20:58 GMT

    WASHINGTON (AP) — The nation's largest tobacco companies are suing the Food and Drug Administration over recent guidelines that they claim overstep the agency's authority over packaging for cigarettes and other tobacco products.

  • Ex-Assembly speaker's son-in-law charged in $7M Ponzi scheme

    Tue, 14 Apr 2015 10:22:04 GMT

    NEW YORK (AP) — A son-in-law of former New York Assembly Speaker Sheldon Silver was charged with defrauding investors out of $7 million in a Ponzi scheme, according to a federal complaint.

  • Ex-Assemblyman's son-in-law facing federal fraud charges

    Tue, 14 Apr 2015 06:53:33 GMT

    NEW YORK (AP) — A son-in-law of former New York Assembly Speaker Sheldon Silver has been arrested and charged with defrauding investors out of $7 million in a Ponzi scheme, according to a complaint unsealed in federal court.

  • Egg execs' jail sentences send strong message to industry

    Mon, 13 Apr 2015 23:08:17 GMT

    SIOUX CITY, Iowa (AP) — Two former egg industry executives received jail sentences Monday for their roles in a major 2010 salmonella outbreak, representing the latest high-profile victory for government officials hoping to emphasize food safety.

  • Transgender man sues loan company over sex bias claim

    Mon, 13 Apr 2015 22:38:24 GMT

    NEW ORLEANS (AP) — A 21-year-old transgender man says in a sex discrimination lawsuit that he was forced to leave his job at a Mississippi-based loan company once officials there found out he was born a woman but dressed and acted like a man.

  • Egg executives sentenced to 3 months for salmonella outbreak

    Mon, 13 Apr 2015 21:48:24 GMT

    SIOUX CITY, Iowa (AP) — Two former egg industry executives were sentenced to three months in jail Monday for their roles in a major 2010 salmonella outbreak that sickened thousands.

  • Artist Britto sues Apple, design firm over use of art, style

    Mon, 13 Apr 2015 21:02:32 GMT

    MIAMI (AP) — Artist Romero Britto is suing Apple Inc. and a design firm in federal court, accusing them of misusing his color-splashed images and distinctive style in marketing campaigns.

  • Egg executives sentenced to 3 months in jail for salmonella outbreak that sickened thousands

    Mon, 13 Apr 2015 20:04:27 GMT

    SIOUX CITY, Iowa (AP) — Egg executives sentenced to 3 months in jail for salmonella outbreak that sickened thousands.