DOJ Approves Charter’s Takeover of Time Warner Cable With Conditions
The U.S. Justice Department on Monday gave antitrust approval to Charter Communications’s proposed purchase of Time Warner Cable and Bright House Networks, which would create the second-largest U.S....
View ArticleFCC and DOJ Try to Protect Streaming Services in Charter-Time Warner Deal
Ever since it was first floated a year ago, the idea of Charter Communications and Time Warner Cable--two giant Internet and cable TV providers--combining in an $78 billion merger sparked concern in a...
View ArticleEmail Privacy Bill Headed for U.S. House Approval
The U.S. House of Representatives was expected to vote on Wednesday to require law enforcement authorities to get a search warrant before asking technology companies to hand over old emails, with the...
View ArticleFCC Backs Charter Buying Time Warner Cable and Bright House, Sources Say
A majority of the five-member U.S. Federal Communications Commission has voted to approve Charter Communications’s acquisitions of Time Warner Cable and Bright House Networks, two sources briefed on...
View ArticleLending Club Gets Subpoena from Justice Department After CEO Exit
(Reuters) – Lending Club said on Monday it received a subpoena from the U.S. Department of Justice last week following the resignation of Chief Executive Renaud Laplanche. Shares of the online lender...
View ArticleFake Airbnb, Uber Share Sale Leads to Arrests in Alleged $5.5 Million Ponzi
Those hungry to get a piece of so-called unicorns--hot privately-held startups valued at $1 billion or more--are becoming prey to swindlers. On Tuesday, the feds announced the arrest of two men who...
View ArticleFeds Drop Charges Claiming FedEx Knowingly Trafficked Illegal Prescription Drugs
In 2014, the U.S. Justice Department launched a criminal case against delivery giant FedEx fdx for allegedly trafficking medications from illegal online pharmacies. But the federal government has now...
View ArticleThe FBI Has Around 30 Insider Trading Probes Running
The FBI in New York City has undisclosed probes into about 30 suspected insider trading schemes, the agency said, in a sign investigators remains focused on building cases despite a court ruling that...
View ArticleJustice Dept Tweets About CNN and Melania Trump In Huge Social Media Fail
Oops. Someone in the U.S. Justice Department appears to have made a colossal error with the agency’s official Twitter TWTR account on Tuesday morning. At around 10 a.m. EDT, the verified account...
View ArticleAppeals Court Bars Feds From Prosecuting Medical Marijuana Cases
A federal appeals court told the U.S. Department of Justice this week that it can no longer prosecute cases against medical marijuana businesses where the defendants are compliant with relevant state...
View ArticleAntitrust Concerns Scuttle Major Chip Industry Acquisition
Semiconductor equipment maker Lam Research said on Wednesday it had terminated a $10.6 billion deal to buy rival KLA-Tencor. The companies decided against the merger due to antitrust concerns raised by...
View ArticleWalmart Rejects Paying $600 Million Settlement in Bribery Investigation
The U.S. government recently proposed a $600 million settlement for Walmart wmt to close a bribery investigation, but the retailer refuses to pay. The Justice Department and Securities and Exchange...
View ArticleRussian Indicted in U.S. on Charges of Hacking LinkedIn
A federal grand jury in California has indicted a Russian man for hacking computers belonging to LinkedIn, Dropbox, and Formspring, the Justice Department said on Friday. Yevgeniy Nikulin was arrested...
View ArticleWhy the Justice Department Is Suing DirecTV Over Talks for Showing Los...
The U.S. Justice Department filed a lawsuit on Wednesday against DirecTV, alleging the company acted as a ringleader to unlawfully swap information with rival pay-TV companies during negotiations over...
View ArticleLendingClub Shares Soar On Smaller-Than-Expected Loss
Online lending platform operator LendingClub reported a smaller-than-expected loss and said an investor had agreed to buy $1.3 billion in loans, sending its shares soaring as much as 20%. The company,...
View ArticleWhat Jeff Sessions Said About Marijuana in His Attorney General Hearing
On the eve of a new presidential administration, among the many questions hanging in the air is the one about how president-elect Donald Trump’s pick for U.S. Attorney General will choose to handle...
View ArticleFBI Director Comey Faces New Investigation Over His Handling of Hillary...
FBI Director James Comey, already under fierce public scrutiny for his handling of the election-year probe of Hillary Clinton, faces a new internal investigation into whether he and the Justice...
View ArticleWere They All At It? France Cranks up Probe Into Renault Diesels
Are the floodgates opening? Only days after Volkswagen pleaded guilty to U.S. charges of fraud over excess diesel emissions, two more of Europe’s biggest carmakers are feeling the heat. French...
View ArticleThis Vegas Casino Giant Is Paying $7 Million to End a Bribery Investigation
Las Vegas Sands lvs agreed to pay a $6.96 million criminal penalty to end a U.S. Department of Justice probe into whether it violated a federal anti-bribery law by making payments to a consultant to...
View ArticleFraudster Surrenders in 1 of the FBI’s Biggest Ever Credit Card Scams
A fugitive gave himself up nearly four years after being charged in one of the Justice Department’s largest credit card fraud schemes ever, according to federal prosecutors in New Jersey. The New York...
View Article
More Pages to Explore .....