A federal judge has refused to dismiss, transfer or sever a proposed class action brought by eight former and current Bank of America NA financial advisers and premier bankers who are accusing the company's investment services branch of systematically discriminating against black employees.
A federal appeals court has vacated and remanded a ruling on the attorneys' fees the Natural Resources Defense Council Inc. can recoup from litigation in which it accused the U.S. Department of the Navy of disrupting maritime life by using mid-frequency active sonar during a training program.
Two California women have filed a class action against DirecTV Group Inc., alleging that the satellite television provider does not adequately disclose its early termination fees to customers when they sign up for service.
Google Inc.'s chief executive has reportedly said he won't delay the Internet giant's advertising partnership with Yahoo Inc. any longer, despite the ongoing assessments by several antitrust regulators and mounting opposition to the deal.
A creditor of Quality Home Loans Inc. filed a Chapter 11 restructuring plan for the bankrupt mortgage lender Wednesday.
Governing greenhouse gas emissions could damage a range of industries and wrap loads of businesses in unnecessary red tape, William L. Kovacs of the U.S. Chamber of Commerce told lawmakers in a Senate committee hearing Tuesday on whether GHG emissions should be regulated under the Clean Air Act.
The implosion of the housing market has claimed one of the nation’s largest privately held homebuilders. Woodside Group LLC filed for Chapter 11 Tuesday, roughly a month after a collection of banks and insurers with $720 million in claims fired off involuntary petitions against the company.
Longs Drugs Stores Corp. said Wednesday it would duck out of buyout talks with Walgreen Co. after its legal and financial advisers determined that the unsolicited $3 billion bid could pose antitrust risks, opening the door again to its existing plan to be acquired by CVS Caremark Corp. for slightly less.
A defective suspension and alignment system in Pontiac GTOs causes premature and uneven wear of the tires, a new lawsuit alleges.
Technology products manufacturer W.L. Gore & Associates Inc. has won summary judgment of noninfringement in a patent case brought by heart valve maker Edwards Lifesciences LLC.
Rambus Inc. has asked a federal judge to force Nanya Technology Corp. to turn over documents relating to a patent licensing agreement with Fujitsu Microelectronics Ltd. and a DRAM joint venture agreement with Micron Technology Inc., arguing that the company's objections to doing so are meritless.
The U.S. Securities and Exchange Commission has charged an attorney and two other promoters with securities fraud for allegedly conducting a $52.7 million Ponzi scheme in which the group sold bogus public equity investments and swindled investors out of more than $20 million.
In a report made Friday to the California Air Resources Board, two regulatory agencies have proposed a regional cap-and-trade program for the state's electricity suppliers to help the state reduce greenhouse gas emissions.
The U.S. Environmental Protection Agency is seeking $21.3 million from gold producer Newmont Capital Ltd. and one of its units to cover the cost of the cleanup of a former gold mine in California.
Two class members in the proposed $24 million settlement with pet food makers involved in last year's massive recall of contaminated dog and cat meals objected to the proposed settlement Friday, claiming their allegations of mislabeling — irrespective of the contamination itself — are not adequately represented.
Bluestar Wheels Inc. has agreed to stop the sale and manufacturing of wheel rims that BMW of North America LLC and its German parent company claim infringe three of their design patents.
The former CEO of homebuilding giant KB Home Inc. has agreed to pay over $7 million to settle charges of stock options backdating with the U.S. Securities and Exchange Commission.
Google Inc.'s proposed advertising partnership with Yahoo Inc. faces mounting scrutiny, with California Assemblyman Joel Anderson confirming Friday that almost a dozen states are examining the deal.
Part of a growing push in the U.S. Senate to tackle energy policy issues, legislation introduced Friday aims to expand the number of flex-fuel vehicles and reduce greenhouse gas emissions.
After an epic struggle, Cintas Corp. has been forced to hand over more than $1.65 million in back wages, interest and penalties in the wake of the California Supreme Court rejecting the uniform maker's attempt to overturn a ruling that it violated the city of Hayward's Living Wage Ordinance.