Legal & Regulatory
JPMorgan nears settlement deal with institutional investors- source
A source told Reuters that JPMorgan Chase & Co was nearing a settlement deal with institutional investors that included BlackRock, Pacific Investment Management and Neuberger Berman.
JPMorgan may not yet see end to criminal probe- sources
Sources told Reuters that the end to the probe of JPMorgan's criminal liability about the mortgage bonds it issued in the financial crisis could be far from over.
HP files case against optical disk drive companies for rigging prices
HP sued three optical disk drive makers for fixing the prices it bought from 2004 to 2010. Hewlett-Packard Co has filed a case against three optical disk drive manufacturers.
Loans set to fund the Cameron LNG Project being lined up
The consortium running the Cameron LNG Project has lined up loan financing for the capitalization needed for the project.
Latest News
FDA has reclassified Vicodin and other hydrocodone-based pain pills as Schedule II, making them more difficult to get.
The bid made by LinnCo for Berry Petroleum is but one of the transactions that the US SEC is reviewing.
Atlantic Grid had moved to connecting power for delivery to New Jersey state. The company that had plans to build an undersea power transmission line backed by Google, Atlantic Grid Development LLC, has refocused its efforts in moving electrical power across New Jersey instead of its original plan of interconnecting offshore wind farms.
An Orlando, FL federal jury awarded USD173 million in penalties upon Qualcomm for patent infringement perpetrated upon ParkerVision.
The investigation into improprieties related to mortgage backed securities hinges its legality in a 1989 law.
The Foreign Investment Promotion Board provides approval Tata-SIA venture. The Indian government approved the proposal from Singapore Airlines to commence an aviation venture with Tata Sons through an initial foreign direct investment of USD49 million.
Bharti Airtel and Airtel Broadband had announced the approval of the merger plan between the two Indian telecommunications firms.
Lehman Brothers Holdings Inc and Giants Stadium LLC could not agree on the settlement amount of two interest-rate swap contracts the latter had cancelled.
As the UK and the US institute crowdfunding regulations, India is also drafting its own set of rules.
Henan Dayou Energy said the country's regulators were investigating them for disclosing information illegally.