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New York Attorney General Andrew Cuomo has warned Charles Schwab & Co. that his office plans to sue the firm for civil fraud over its marketing and sales of auction-rate securities to clients. Emails and testimony cited in the letter show Schwab's brokers had little idea of what they were selling and later failed to tell clients that the market was collapsing.
Read MoreLast February, the town of Shapleigh, Maine, population 2,326, passed an unusual ordinance. Like nearby towns, Shapleigh sought to protect its aquifers from the Nestle Corporation, which draws heavily on the region for its Poland Spring bottled water. Shapleigh tried something new. At a town meeting, residents voted to endow all of the town's natural assets with legal rights.
Read MoreShould nature be able to take you to court?
In Colchester, Essex, John and Alfred Donovan are compiling perhaps the world's largest dossier on Royal Dutch Shell, at royaldutchshellplc.com. It's an awkward position for Shell, this month crowned by Fortune magazine as the world's largest company, as trying to shut the website down would draw even more attention to it.
Read MoreIn Colchester, Essex, John and Alfred Donovan are compiling perhaps the world's largest dossier on Royal Dutch Shell, at royaldutchshellplc.com. It's an awkward position for Shell, this month crowned by Fortune magazine as the world's largest company, as trying to shut the website down would draw even more attention to it.
Read MoreBusiness and trade-group lobbyists are beating a path for the first major battle over the Obama administration's efforts to overhaul the financial regulatory system. Recent discussions have involved the American Bankers Association, National Auto Dealers Association, U.S. Chamber of Commerce, Mortgage Bankers Association and other lobbyists.
Read MoreThe Department of Justice has begun an initial review to determine whether large U.S. telecom companies such as AT&T Inc. and Verizon Communications Inc. have abused the market power they've amassed in recent years. The DOJ's antitrust chief has said she wants to reassert the government's role in policing monopolistic and anti-competitive practices by powerful companies.
Read MoreA suicide attack Thursday in Rawalpindi was the first that singled out workers of Pakistan's prized nuclear labs. Military analysts said they were from the Kahuta Research Laboratories, where weapons-grade uranium is produced. The lab was once run by Abdul Qadeer Khan, the father of Pakistan's nuclear program and one of the most successful nuclear proliferators in history.
Read MoreVillagers living near a gold mine owned and run by Canada's Barrick Gold Corp. in Tarime District, Mara Region are demanding the immediate closure of the project, saying they are paying a deadly price for the mining activities in the area.
Read MoreA criminal saga that began in December with a string of superlatives - the largest, longest and most widespread Ponzi scheme in history - ended the same way on Monday as Bernard L. Madoff was sentenced to 150 years in prison, the maximum for his crimes.
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