Stryker Corp. has agreed to buy Boston Scientific Corp.'s neurovascular business for $1.5 billion in cash in a move to become a leader in the $900 million market for medical devices to treat strokes and other conditions.
Nissan North America Inc. on Thursday voluntarily recalled some 2.14 million vehicles worldwide, citing an electrical defect that could cause cars to slow or stall.
A group of New York state residents on Wednesday lost its bid for class certification in a suit alleging McDonald's Corp. orchestrated a long-running marketing scheme that misled consumers into believing its food could be consumed on a daily basis without incurring any adverse health effects.
A former executive from HannStar Display Corp. has agreed to plead guilty to price-fixing charges as part of a wide-ranging U.S. antitrust investigation into the market for liquid crystal display panels.
A putative class of Cablevision Systems Corp. customers has accused the cable television powerhouse of wrongfully denying them access to News Corp.’s Fox channels, seeking as much as $450 million in damages from the company for breach of contract.
A federal judge refused on Wednesday to throw out the lone conviction of former Illinois Gov. Rod Blagojevich, finding that poorly alleged prosecutorial misconduct offered no reason to reject the jury's verdict.
Dubai World has reportedly gained full support from its creditors for a $24.9 billion restructuring plan, bringing the state-owned conglomerate's struggle with a massive debt load one step closer to completion.
The Carlyle Group has inked a deal to acquire telecommunications equipment company CommScope Inc. in a deal valued at approximately $3.9 billion that will take the company private.
The United Nations General Assembly has again voted overwhelmingly to end the U.S. embargo against the island nation of Cuba, which has been in place since soon after Communist revolutionary Fidel Castro seized power in 1959.
Lime Wire LLC stopped distributing and supporting its file-sharing service on Tuesday after the federal judge in charge of a copyright case brought against Lime Wire by the recording industry signed off on a permanent injunction.
A jury has returned a roughly $100 million verdict against Baker & McKenzie LLP and one of its attorneys, whom a Mississippi man accused of only representing him long enough to help his partner in an oil venture seize his assets.
British pharmaceutical giant GlaxoSmithKline PLC has agreed to pay $750 million — $96 million of which will go to a whistleblower — to resolve criminal and civil complaints alleging the company mixed up medications and manufactured defective drugs for years at its now-shuttered Puerto Rico factory.
Boeing Co. has agreed to pay $4 million to settle civil allegations brought by the U.S. government, which accused the company of charging the Air Force too much for a $35 million single-source defense contract for B-1 bomber parts.
European Union legislators have agreed on proposed regulations for private equity and hedge funds and are poised to enact new laws establishing greater oversight of the sector, including reporting requirements, investor protections and checks against asset stripping.
The U.S. Securities and Exchange Commission's Enforcement Division is seeking additional information from Apollo Group Inc. on its insider trading policies and more in an ongoing informal inquiry of the for-profit company that runs the University of Phoenix.
The U.S. Commodity Futures Trading Commission on Tuesday approved proposed rules that would create a new regulatory framework for preventing market manipulation.
Bank of America NA has lodged a suit against infamous money manager Kenneth Ira Starr — who pled guilty in September to a $59 million fraud scheme — over an unpaid $500,000 loan.
A former Rice University football player has slapped the National Collegiate Athletic Association with a putative class action alleging that NCAA member schools have conspired to keep bachelor's degree prices for student athletes artificially high by placing limits on athletic scholarships and grants.
A judge has dismissed a motion by Texas financier Robert Allen Stanford, imprisoned since June 2009 for an alleged $8 billion Ponzi scheme, to release him pending trial for violations of the Speedy Trial Act, saying Stanford himself was responsible for most of the delay.
The maker of the popular brightly colored rubber band accessory Sillybandz has launched a suit accusing retail giant Wal-Mart Stores Inc. of selling products that rip off its unique design and packaging.