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.
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.
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.
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.
Caesars seeks bankruptcy court approval
A division of Caesars Entertainment Corp. is asking a federal bankruptcy judge for permission to "dismantle and liquidate" part of its shuttered Harrah's casino complex in Mississippi's Tunica County.
Shareholder representing 4 funds seeks $8B General Motors stock buyback, seat on board
A General Motors stockholder representing four investment funds has told the company he'll run for its board and will propose an $8 billion stock buyback in 2016.
Quirky in-flight catalog SkyMall files for bankruptcy as passengers find new distractions
Apparently, airline passengers aren't buying enough garden gnomes, superhero pajamas and heated cat shelters.
CEO who led American Airlines through bankruptcy reorganization joins Wal-Mart board
The executive who led American Airlines successfully through bankruptcy reorganization but did not remain long after a huge merger with another carrier has joined the board of Wal-Mart.
TransCanada Launches Legal Action Over Keystone XL Rejection
TransCanada Corp sued the U.S government in U.S. federal court on Wednesday, alleging President Barack Obama's rejection of the Keystone XL pipeline exceeded his power under the U.S. Constitution.
Canadian Pacific Offers to Buy Norfolk Southern
Canadian Pacific Railway Ltd said it has offered to buy U.S. railroad operator Norfolk Southern Corp to create a transcontinental railroad.
Goldman: Buy United Tech Over Boeing
The brokerage swapped its rating on the two, upping United Tech to 'buy' from 'neutral' and axing Boeing to 'neutral' from 'buy.'
Expedia Plunges 24% as Big EPS Miss Spooks the Street
The online travel company's big earnings miss was sparked by rising competition.
E-Commerce Boom: A Blessing and a Curse for UPS
UPS saw e-commerce lift revenue in the 2Q, but the burgeoning business has also forced the company to spend more to bolster its network.
Priceline Rallies as Goldman Adds Stock to Conviction Buy
Priceline.com shares got a big boost on Wednesday from Goldman Sachs, which added the online travel booker to its conviction buy list.
Hedge Fund Titan Loeb Discloses Stake in FedEx
Daniel Loeb, founder of hedge fund Third Point, announced he has taken a stake in shipping giant FedEx and recently talked to its CEO.
Fiat Says CEO Marchionne Misquoted in Bernstein Report
The Italian automaker said a report by Bernstein Research mischaracterized a presentation by Sergio Marchionne, denying the CEO advised investors to avoid Chrysler's IPO.
After Model S Fire, Wall Street Throws Cold Water on Tesla
Traders continued to throw cold water on Tesla after seeing a video showing a Model S on fire, an incident that gave bears more reason to doubt the stock.
Tesla Shares Fall on Downgrade, Model S Fire
Tesla shares went into reverse after Baird unplugged its buy rating for the electric car maker.









