Ex-leasing company official sentenced for cheating clients out of more than $690,000
A man who used his position at an office equipment leasing company to cheat clients out of more than $600,000 has been sentenced to 30 months in prison.
Prosecutors cite safety lapses, ask judge to punish egg executives blamed in salmonella cases
Federal prosecutors are asking a judge to consider the "widespread harm" done by a nationwide salmonella outbreak in sentencing two egg industry executives whose company was responsible.
Before Jeb Bush resigned its board, a Florida firm faced 6 lawsuits from investors, nonprofit
In a public move presaging his run for the White House, Jeb Bush resigned from corporate positions at the end of last year.
Alstom SA, French power and transportation company, to pay $772M in foreign bribery case
A French power and transportation company has agreed to pay $772 million in penalties to resolve allegations that it bribed government officials in multiple foreign countries.
Foreign companies plead guilty to defrauding US military in Afghanistan food service contract
Several foreign companies have pleaded guilty to fraud and conspiracy for overcharging the U.S. military in connection with a contract to provide food and water to troops in Afghanistan.
Court appearance for ex-coal CEO charged in 2010 West Virginia mine disaster that killed 29
An ex-top executive facing charges in the deadliest U.S. coal mine accident in four decades is headed to court.
Recruiting scams and kickback schemes: Prosecutors troubled by frequency of military fraud
Fabian Barrera found a way to make fast cash in the Texas National Guard, earning roughly $181,000 for claiming to have steered 119 potential recruits to join the military.
Court documents: Trucking firms accuse Jimmy Haslam of directing fraud at truck stop chain
Two trucking companies are accusing Cleveland Browns owner Jimmy Haslam of directly orchestrating a scheme to cheat customers out of promised rebates and discounts, according to recent court filings.
Shipping company pleads guilty in molasses spill that killed marine life in Honolulu Harbor
A shipping company pleaded guilty plea Friday to criminal charges from a 1,400-ton molasses spill in Honolulu Harbor that killed more than 26,000 fish and other marine life, but a federal judge said he wants to examine the legality of $600,000 in community service payments the company has agreed to pay.
Music producer who once worked with big names is convicted in NY of defrauding investors
A music producer who once worked with stars including Kenny G and Whitney Houston was convicted Friday of ripping off investors in gold and diamonds with a multimillion-dollar Ponzi scheme.
Biofuel firm KiOR denies ex-director's claims as $69.4M debt to Mississippi nears due date
A former director of biofuel maker KiOR says he tried to warn other board members about problems with KiOR's technology to turn wood chips into an oil substitute, claims that could damage the company's defense in shareholder lawsuits and a Securities and Exchange Commission investigation.
Kentucky business unspooled as feds investigated, closed in on charges of deals with China
Louis Joseph Brothers used sales of military-grade electronics to Hong Kong to boost the revenue for his business, then resigned from the company he founded when federal investigators started questioning the sales and the company fell apart.
Ex-lobbyist, developer Whittemore reports to minimum security work camp to serve 2-year term
Former Nevada lobbyist and developer Harvey Whittemore surrendered to a minimum-security prison on the central California coast Wednesday to begin serving a two-year sentence for making illegal campaign contributions as his lawyers prepare to argue his case before a federal appeals court.
Truck-stop co. owned by Cleveland Browns owner, Tenn. governor, won't face criminal charges
The truck-stop company owned by Cleveland Browns owner Jimmy Haslam and Tennessee Gov. Bill Haslam may have put the worst behind it after federal attorneys agreed not to prosecute Pilot Flying J for cheating customers.
Former Qualcomm executive gets 18 months in federal prison, $500,000 fine for insider trading
San Diego federal prosecutors say a former Qualcomm Inc. executive has been sentenced to 18 months in prison and fined $500,000 for insider trading.
Ohio, Pennsylvania regulators oppose Patriot Coal reorganization plan, cite pollution issues
Ohio and Pennsylvania regulators say Patriot Coal's reorganization plan does not adequately address the company's obligations to clean up mine pollution.
Union rallies outside Patriot Coal headquarters in West Virginia over pension, health benefits
Busloads of United Mine Workers of America miners and retirees roared in protest outside Patriot Coal headquarters Monday, as the bankrupt company looks to nix a union contract that includes pension contributions and health benefits.
After bankruptcy, Kodak's massive campus takes on a fresh role: startup landlord
Kodak had buildings and infrastructure to rival a small city on its mega campus when film faded from in-demand to dinosaur with the rise of digital photography.
Storied gun maker Colt files for Chapter 11 bankruptcy, plans to sell company
Gun maker Colt Defense LLC filed for chapter 11 bankruptcy late Sunday, allowing for a quicker sale of operations in the U.S. and Canada.
Bankruptcy judge says Caesars can demolish Harrah's casino in Mississippi, despite objections
A Chicago bankruptcy judge has blessed plans to dismantle the former casino at the shuttered Harrah's complex in Mississippi's Tunica County.