U.S. Supreme Court Justice Clarence Thomas lamented both the state of political partisanship gripping the nation's capital and the spillover effects it has had on the integrity of the high court, broadly proclaiming to a D.C. audience Wednesday evening that "we're destroying our institutions."
A Georgia federal jury on Wednesday awarded creditors of defunct payday lender Money Tree Inc. more than $3 million in actual and punitive damages, finding that relatives of the company’s late founder and its former chairman did not act in the best interests of the creditors.
A New York judge on Wednesday ordered PricewaterhouseCoopers LLP to comply with a state attorney general subpoena for documents related to an investigation into whether Exxon Mobil Corp. lied to investors about climate-change-related risks to its business.
Kaléo Pharma, the inventor of an EpiPen alternative sold by Sanofi-Aventis that was pulled off the market in 2015 following dosing concerns, has rebought the drug and will start selling a revamped version in the beginning of 2017, the company announced Wednesday.
Bondholders suing major banks for allegedly conspiring to manipulate the London Interbank Offered Rate told a Manhattan federal judge on Wednesday that they have settled with UBS AG and Barclays Bank PLC.
The Second Circuit quickly punted the bail motion of a New York woman convicted in the Agape World Inc. Ponzi scheme run by a man dubbed the "mini-Madoff," saying only hours after the motion was heard on Tuesday that the matter should first be considered in the district court.
A Florida jury slammed R.J. Reynolds Tobacco Co. with $20 million in punitive damages Tuesday in a trial over the lung disease death of a sailor's chain-smoking wife, adding to an $8.8 million compensatory verdict awarded a day earlier and amounting to far more than the plaintiff requested.
By Melissa Maleske