Business News

Business never stops, so it’s important to have a timely source of information on developments in the business world. In today’s marketplace, businesses not only have to contend with market forces, but they also have to comply with regulations and protect themselves against any number of potential legal liabilities. FindLaw’s Business News is the leading source of news concerning developments in business law and regulations, with articles by FindLaw writers and attorneys knowledgeable in the field. These reports will help businesses stay on the leading edge and keep one step ahead of their competitor.

Top Headlines

  • Court: Star Chinese investor pleads guilty in stock case

    Tue, 06 Dec 2016 09:58:47 GMT

    BEIJING (AP) — A celebrity Chinese stock trader who was arrested after last year's market collapse has pleaded guilty to insider trading and manipulating share prices, a court announced Tuesday.

  • Worker pleads guilty to snooping on emails for stock deals

    Mon, 05 Dec 2016 22:31:59 GMT

    SEATTLE (AP) — A former information technology worker at Expedia Inc. pleaded guilty Monday to securities fraud after authorities said he used his access to the computers of top executives to rummage through their email, then made lucrative, illegal stock trades based on the inside information he discovered.

  • St. Louis-area businessman faces federal kidnapping charge

    Mon, 05 Dec 2016 19:15:18 GMT

    ST. LOUIS (AP) — A St. Louis-area businessman and three other men will have a hearing Tuesday in federal court after being accused of kidnapping and beating a man over three days.

  • Government won't permit oil pipeline under Missouri River

    Mon, 05 Dec 2016 15:09:11 GMT

    BISMARCK, N.D. (AP) — The U.S. Army Corps of Engineers has refused to grant permission for the Dakota Access oil pipeline to cross under a Missouri River reservoir in North Dakota. American Indians say it's a major victory in their push to reroute construction of the pipeline that they say could harm Standing Rock Sioux cultural sites and drinking water supply. Pipeline developer Energy Transfer Partners says the 1,200-mile pipeline through the Dakotas, Iowa and Illinois will be safe and that the Corps' decision is politically motivated.

  • Israeli court sentences tycoon to 2 years in prison

    Mon, 05 Dec 2016 08:27:06 GMT

    JERUSALEM (AP) — An Israeli court has sentenced one of the country's most prominent businessmen to two years in prison for securities fraud.

  • Report: Company sold turf product after learning of defects

    Sun, 04 Dec 2016 19:00:43 GMT

    WOODBRIDGE, N.J. (AP) — The country's leading maker of artificial sports turf sold more than 1,000 fields to towns, schools and teams nationwide after its executives knew they were falling apart faster than expected and might not live up to lofty marketing claims, according to an investigation by a news organization.

  • Ex-Defense Department employee sentenced to 6 years

    Fri, 02 Dec 2016 23:55:29 GMT

    SAN DIEGO (AP) — A retired Department of Defense contracting supervisor was sentenced Friday to six years in prison for accepting bribes from a Malaysian businessman nicknamed "Fat Leonard" who is at the center of the Navy's worst corruption case.

  • Political donor pleads guilty to investment fraud scheme

    Fri, 02 Dec 2016 22:55:31 GMT

    ALEXANDRIA, Va. (AP) — A political donor and cable news commentator pleaded guilty Friday to federal criminal charges in what prosecutors described as a $30 million investment fraud scheme tied to his health-technology company.

  • Spain raises taxes to try to meet EU deficit target

    Fri, 02 Dec 2016 15:31:08 GMT

    MADRID (AP) — Spain's conservative government says it hopes to bring in an extra 7.5 billion euros ($8 billion) in taxes to help bring down its budget deficit next year to close to the 3 percent level permitted by the European Union.

  • School bus driver declines interview in fatal crash probe

    Thu, 01 Dec 2016 23:44:25 GMT

    NASHVILLE, Tenn. (AP) — The driver in a Chattanooga school bus wreck that killed six children last week has declined to be interviewed by federal crash investigators on advice of his lawyer, the National Transportation Safety Board said Thursday.

  • Brazil judge in Petrobras probe urges Senate to oppose bill

    Thu, 01 Dec 2016 23:07:02 GMT

    SAO PAULO (AP) — The federal judge presiding over the corruption-kickback investigation at Brazil's state oil company Petrobras urged senators on Thursday to oppose legislation that would allow judges and prosecutors to be charged with abuse of authority.

  • HP Enterprise disputes claims in Rhode Island lawsuit

    Thu, 01 Dec 2016 20:56:58 GMT

    PROVIDENCE, R.I. (AP) — Hewlett Packard Enterprise is defending itself against a lawsuit Rhode Island filed over an unfinished computer system, saying the company has spent nearly $34 million more than the state has paid HP Enterprise to create the system for the state's Division of Motor Vehicles.

  • Brazilian prosecutors threaten to quit corruption probe

    Wed, 30 Nov 2016 23:39:32 GMT

    SAO PAULO (AP) — Brazilian prosecutors are threatening to quit their investigation into a corruption-kickback scheme at state oil company Petrobras if legislation that would allow judges and prosecutors to be charged with abuse of authority is signed by President Michel Temer.

  • Aaron Hernandez sues over hacked jailhouse phone calls

    Wed, 30 Nov 2016 18:56:06 GMT

    BOSTON (AP) — Former New England Patriots player Aaron Hernandez has sued a company that records jailhouse phone calls after an unknown person apparently listened to some of his calls.

  • Former potato chip exec gets prison for $1.4 million fraud

    Wed, 30 Nov 2016 13:21:23 GMT

    HARRISBURG, Pa. (AP) — A former executive with a Pennsylvania potato chip and snack food company will spend more than four years in federal prison for defrauding the company out of roughly $1.4 million.

  • Ski resort to open with $6.5M shortfall after fraud case

    Tue, 29 Nov 2016 22:48:47 GMT

    JAY, Vt. (AP) — A ski resort whose owner and president were accused by the Securities and Exchange Commission of massive fraud months ago is set to open for the season on Saturday with what a federal receiver overseeing it says is a $6.5 million shortfall.

  • Ski resort accused of fraud set to open with $6.5M shortfall

    Tue, 29 Nov 2016 21:52:44 GMT

    JAY, Vt. (AP) — A ski resort whose owner and president were accused by the Securities and Exchange Commission of massive fraud months ago is set to open for the season on Saturday with what a federal receiver overseeing it says is a $6.5 million shortfall.

  • Samsung to boost dividends, review corporate structure

    Tue, 29 Nov 2016 04:20:55 GMT

    SEOUL, South Korea (AP) — Samsung Electronics said Tuesday it will increase shareholder returns and review its corporate structure as investors step up pressure to reform the South Korean tech giant's governance structure following the Galaxy Note 7 fiasco.

  • Accountant admits stealing $3 million from grain shipper

    Mon, 28 Nov 2016 19:48:46 GMT

    ALBANY, N.Y. (AP) — A corporate accountant in New York admitted Monday to stealing at least $3.1 million from agribusiness giant Cargill, Inc., and causing $25 million in losses to the privately held company's grain shipping operations at the Port of Albany.

  • Justices reject appeal of Ponzi scheme conviction

    Mon, 28 Nov 2016 14:40:48 GMT

    WASHINGTON (AP) — The Supreme Court has declined to disturb the conviction of former Texas tycoon R. Allen Stanford on fraud, conspiracy and obstruction charges.

  • Wells Fargo seeks arbitration order in customer lawsuit

    Sat, 26 Nov 2016 23:40:54 GMT

    Wells Fargo & Co. wants a federal court judge in Utah to order that customers suing the banking giant over improper sales practices submit their claims to binding arbitration.