BP (BP) shares fell the most in four months in London after the Obama administration sued the oil giant, saying it violated environmental laws during the Gulf oil disaster.
BP shares retreated by as much as 3.2%, the most since August, Bloomberg News…
A former Goldman Sachs computer programmer has been convicted of stealing trade secrets and property in an effort to help a Chicago-based startup develop its own high-frequency securities trading operations.
Co…
Two former executives with Camarillo, Calif.-based Vitesse Semiconductor were charged with securities fraud a week after the company’s financial chief pled guilty to similar charges.
Continue reading Ex-Vitesse…
A U.S. District Court judge will not dismiss allegations against Toyota for problems related to sudden unintended acceleration in certain car models, as the automaker had hoped.
Continue reading Court Rejects T…
Irving Picard, the trustee trying to recover money on behalf of the victims of Bernie Madoff, said he filed lawsuits against seven global banks seeking total compensation of more than $1 billion.
Picard filed complaints against Citibank (C), Natixis …