Banking, Finance & Services
This week, a Moscow court will issue a verdict in the tax fraud trial of billionaire Mikhail Khodorkovsky. While some critics argue that the charges are politically motivated, others question his innocence in the eyes of the West.
Questionable transactions at Refco, one of the world's biggest commodities brokerage firms, began in 1998 and continued until this year, the company said yesterday.
Sean M. Berkowitz and a small group of government lawyers will be in the spotlight in the Jan. 30 trial of Enron's former leaders. The case is the capstone in the cleanup after an era of business misconduct that left investors billions of dollars poorer. The outcome could shape the public's -- and history's -- judgment of how effective it was.
When U.S. troops or embassy officials want to investigate Iraqis - such as interrogating prisoners, the principal intermediary is a Manhattan based-company named L-3. The company has just lost its biggest contract for failing to recruit qualified translators, and is also being investigated for human rights abuses.
The company that bought AIDS patient M. Smith's life insurance policy in the 1990s was betting she wouldn't live more than two years. Now it's trying to weasel out of its contract because her being alive is starting to cut into their profit margin.
When individuals sue major corporations, the odds are stacked against them. One woman's fight against an insurance giant details those odds and what it takes to beat them.
Protests at the 2012 annual general meetings of companies may rank as the most diverse, widespread and sizeable in history. They have been bolstered not just by Occupy activists outside but also by institutional investors inside who have started a "shareholder spring" against excessive CEO pay.