The Massachusetts high court has given the go-ahead for developers of the U.S.' first offshore wind farm to move ahead with the controversial $1 billion project, overruling objections from local residents and activists who claim the developers failed to obtain the proper permits.
The U.S. Food and Drug Administration has issued a warning letter chastising Baxter International Inc. for overstating the effectiveness of Aralast, a lung therapy for patients at risk for a form of hereditary emphysema.
Allergan Inc. reached a $600 million settlement with the U.S. Department of Justice on Wednesday to resolve criminal and civil claims stemming from the company's marketing of off-label uses for its blockbuster wrinkle-treating drug Botox.
Watchmaker Omega SA filed a brief with the U.S. Supreme Court on Tuesday in a copyright dispute with Costco Wholesale Corp., putting forth legal and policy arguments that Costco infringed its copyright when it sold Omega watches that were bought outside the U.S.
Because of a jurisdictional uncertainty, the U.S. Securities and Exchange Commission will not pursue an enforcement action against credit rating agency Moody's Corp. over allegedly boosted ratings, the agency said Tuesday.
The U.S. Department of Justice asked a federal judge Tuesday to stay a recent decision that enjoined the federal government from funding human embryonic stem cell research, arguing that the ban could negate years spent in search of treatments for illnesses such as diabetes.
The Chinese government has opened its first anti-subsidy investigation into imports from the European Union, examining whether potato starch from European producers should face countervailing duties.
A Cleary Gottlieb Steen & Hamilton LLP lawyer who advised Barclays PLC in the purchase of bankrupt Lehman Brothers Holdings Inc.'s broker-dealer business testified Tuesday that the British firm had to resolve a dispute with JPMorgan Chase & Co. over billions of dollars in assets before closing the deal.
A bankruptcy judge approved Visteon Corp.’s Chapter 11 reorganization plan Tuesday, along with $700 million in exit financing to fund payments outlined in the plan, setting the stage for bondholders to take control of the revived auto parts maker.
The U.S. Court of Appeals for the Federal Circuit on Tuesday reversed a district court ruling in a false marking suit against Brooks Brothers Inc., finding that the plaintiff — a patent attorney who accused Brooks Brothers of falsely marking its adjustable bow ties with expired patents — had qui tam standing and that the federal government had the right to intervene in the case.
Nokia Corp. has lost an attempt to narrow the issues in Apple Inc.'s Section 337 case accusing the Finnish electronics giant of infringing patents for mobile communication technology.
The Obama administration has imposed new sanctions on North Korea that aim to limit the ability of the country's government to support itself through arms trading and other illicit activities.
U.S. Food and Drug Administration inspections have found overflowing manure pits, mice and maggots at the two Iowa farms that have recalled more than 550 million eggs after being linked to the largest salmonella outbreak in four decades.
Wal-Mart Stores Inc. has reached a preliminary settlement in a putative class action brought by customers who claim the retail giant and Netflix Inc. illegally carved up the market for online DVD rentals and sales.
Hewlett-Packard Co. has agreed to pay $55 million to settle claims that it was part of a kickback scheme to win government agency contracts, the U.S. Department of Justice said Monday.
Sanofi-Aventis hinted at a hostile takeover Monday after biotechnology company Genzyme Corp. rejected its offer to buy it for $69 a share, or about $18.5 billion, saying the offer failed “to establish a basis for engagement" because it was not high enough.
A federal judge has ordered convicted Ponzi schemer and former Florida attorney Scott W. Rothstein to repay his victims $363 million.
In an en banc decision, the U.S. Court of Appeals for the Federal Circuit has articulated a narrow view of the patent misuse defense, rejecting Princo Corp.'s arguments claiming Philips Corp. and Sony Corp. made an illegal agreement to suppress the development of an alternative technology for making recordable compact discs.
A federal appeals court has elected to conduct an en banc rehearing of a panel decision to vacate a $295 million settlement that resolved a nationwide price-fixing class action against diamond company De Beers SA.
The U.S. Department of Justice signed off on Continental Airlines Inc.'s proposed $3 billion merger with UAL Corp.'s United Air Lines Inc. on Friday after the carriers agreed to lease 18 pairs of takeoff and landing slots at Newark Liberty International Airport to Southwest Airlines Co.