WASHINGTON - A U.S. federal judge blocked on Monday health insurer Aetna Inc's proposed $34 billion merger with rival Humana, and Aetna said it was considering an appeal. Full Article
President Donald Trump formally withdrew the United States from the Trans-Pacific Partnership trade deal on Monday, distancing America from its Asian allies as China's influence in the region rises. Full Article
Recent Legal News
Wisconsin was sued on Monday over conditions at two juvenile detention facilities in the state's northeast, where teenagers claimed they are routinely subject to unlawful solitary confinement, shackling and pepper spray.
WASHINGTON U.S. President Donald Trump's administration has drawn heavily from the energy industry lobby and pro-drilling think tanks to build its landing team for the Environmental Protection Agency, according to a list of the newly introduced 10-member team seen by Reuters on Monday.
SACRAMENTO, Calif. The California Senate on Monday confirmed U.S. Congressman Xavier Becerra as attorney general, positioning the majority-Democrat state to challenge conservative policies of new Republican President Donald Trump.
WASHINGTON Citigroup Inc mortage units have been fined $28.8 million for keeping home borrowers in the dark about options to avoid foreclosure and making it difficult for them to apply for relief, the U.S. consumer finance watchdog said on Monday.
NEW YORK A former analyst at the investment fund of Dell Inc founder Michael Dell was arrested on Monday after he refused to show up for trial to face charges that he made $1.5 million engaging in insider trading.
A U.S. judge on Monday narrowed but refused to dismiss a lawsuit seeking to hold Deutsche Bank AG liable to investors, including dozens of portfolios from BlackRock Inc and Pacific Investment Management Co, for losses on poorly underwritten residential mortgage-backed securities.
CHICAGO Peabody Energy Corp's plan to emerge from Chapter 11 bankruptcy faces a "material risk" that the U.S. coal producer could suffer a $1 billion revenue loss due to a disputed lease at the world's largest coal mine, according to an objection filed to its reorganization plan.
WASHINGTON Dialing back the Volcker Rule that limits banks' ability to engage in speculative investments is a top priority for President Donald Trump's nominee for U.S. Treasury secretary, Steve Mnuchin, according to a document seen by Reuters on Monday.
WASHINGTON Endo International Plc said on Monday it has reached a proposed settlement with U.S. antitrust regulators under which it will not pay rivals to delay the introduction of generic competitors to its medications.
A U.S. judge blocked on Monday health insurer Aetna Inc's proposed $34 billion acquisition of smaller peer Humana Inc, raising the stakes for rival Anthem Inc as it battles to close a $54 billion deal to buy Cigna Corp.
The bond insurer Ambac Financial Group Inc has sued U.S.Bancorp to stop the bank from accepting a lowball settlement between investors and Bank of America Corp over shoddy mortgage securities. Read more
The public interest group Citizens for Responsibility and Ethics in Washington, which sued President Donald Trump Monday for allegedly violating the Foreign and Domestic Emoluments Clauses of the U.S. Constitution, has dedicated more of its resources than it would like to investigating and explaining the new president’s extensive, far-flung business entanglements.