The Justice Department has found criminal wrongdoing in General Motors' GM +0.34% actions related to its ignition defects, and is negotiating what is expected to be a record penalty, The New York Times reported Friday.
Visa expressed “grave concern” Wednesday about the worker conditions in Qatar ahead of the 2022 World Cup, becoming the first major American sponsor to speak out about reports of worker deaths at construction sites.
UBS confirmed in a statement on Wednesday that it will pay $545 million (£352 million) to settle allegations over the manipulation of the currency markets and the London Interbank Offered Rate (Libor).
In a 5-4 decision, the U.S. Supreme Court ruled today that a Maryland law is unconstitutional because it allows residents only a partial tax credit for out-of-state income that is taxed in other states.
And you thought U.S-based for-profit education companies were corrupt. A 2000-employee Pakistani concern makes the soon-to-be-defunct Corinthian Colleges look like The Gang That Couldn’t Deceive Straight.