The U.S. Supreme Court dismissed a shareholder derivative lawsuit filed against UBS by pension plans in Puerto Rico.
Legal & Regulatory
US SEC calls on Nasdaq and NYSE to explain trading halt
The US Securities and Exchange Commission called rival exchange operators Nasdaq and NYSE to give details on the three hour trading halt which occurred last week.
Arias trial highlight social media and taxpayer issues
Jodi Arias, convicted murderer, had a few more issues up her sleeve. In a decision that has social media implications, the judge presiding over the case of Jodi Arias had postponed the date for the sentencing of convicted killer.
JetBlue takeover appeal grows in the middle of American Airlines limbo
The AMR-US Airways merger could be blocked by Federal regulators which had made JetBlue Airways the next target once the US Department of Justices succeeds in derailing the deal.
Ex-JPMorgan trader arrested in Spain
Former JP Mogran & Chase trader Javier Martin-Artajo had been released from policy custody after he had kept trading losses that cost the bank USD6.2 billion losses.
Latest News
China's Vice Finance Minister says there is no need for Chinese government to stimulate the world’s No. 2 economy.
Bitcoin Foundation joins U.S. regulators in FinCEN-hosted discussion regarding digital currency. Financial Crimes Enforcement Network (FinCEN) director Jennifer Shasky-Calvery hosted a discussion with members of the Bitcoin Foundation.
U.S. judge approves USD20 million Facebook settlement on lawsuit over targeted ads. A U. S. judge granted final approval on Monday to Facebook's USD20 million settlement despite objections from plaintiff's that the lawsuit failed to cover children's privacy.
An acquisition deal for a Chinese copper landmark had been placed at risk after the USD3 billion agreement was reviewed.
Uralkali CEO Vladislav Baumgertner was held in custody after holding potash discussions in Belarus. OAO Uralkali Chief Executive Officer Vladislav Baumgertner was detained in Belarus.
After the fall of Lehman Brothers, Morgan Stanley retained its reputation as a law-abiding investment bank.
SAC Capital founder Steven Cohen ended charges of insider trading with a USD616 million settlement deal.
The second part of the trial on patent infringement between Microsoft and Google's Motorola will continue this week.
The world saw Filipinos staged a mass rally against corruption that was organized via social media like Facebook and Twitter.
