Bank of America Hit With Foreclosure Lawsuit

Bank of America Corp. (BAC) is the subject of a lawsuit that accuses the bank of hiding foreclosure problems that contributed to a drop in its share price.

The suit, filed by a union benefit plan, says Bank of America concealed problems in its record…

Will Google’s ITA Merger Fly with U.S. Regulators?

The clock is ticking for U.S. regulators to decide whether to sue Google to prevent its announced $700 million merger with ITA Software, the maker of the largest airfare-pricing platform. Google last month invoked a legal provi…

Intel Settles Legal Dispute With Nvidia for $1.5 Billion

Chipmaker Intel Corp. (INTC) agreed to pay rival Nvidia (NVDA) $1.5 billion so that the chip giant can use Nvidia technology.

The deal ends a legal battle between the two companies. Intel had previously sued Nvidia over the right to keep making an Int…

Justice Department Investigates UPS and FedEx

The U.S. Justice Department has begun an investigation into the country’s two largest delivery companies, UPS and FedEx. Both have policies aimed at preventing customers from negotiating lower shipping rates through third parti…