Business and Economy

Related Stories

OSHA Investigating Worker Death at McWane Foundry
The foundry is owned by McWane Inc., the Alabama conglomerate that in 2003 became the focus of a FRONTLINE investigation on workplace safety.
December 20, 2012
Leveson Inquiry Recommends New Regulator for British Press
A long-awaited inquiry of the British press in the wake of the nation's phone-hacking and bribery scandal has recommended the creation of an independent regulator to police a media culture that "at times, can only be described as outrageous," according to the report.
November 29, 2012
Latest Sanction Against BP Goes Beyond Gulf Spill
The Obama administration temporarily banned BP from federal contracts yesterday -- a move that's been years in the making.
November 29, 2012
Former Murdoch Executives Charged with Bribery
In the most serious charges to date in the Murdoch scandal, two top aides are accused of paying officials for information.
November 20, 2012
House GOP Faults Corzine, Regulators for MF Global Collapse
House Republicans have released a scathing postmortem of the collapse of MF Global, blaming the leadership of Chief Executive Jon Corzine and a breakdown in regulatory oversight for the brokerage's 2011 bankruptcy.
November 15, 2012
BP to Pay Record $4.5 Billion for 2010 Gulf Oil Spill
Oil giant British Petroleum announced today that it will pay $4.5 billion to settle charges for the April 2010 explosion at its Deepwater Horizon rig that killed 11 workers and unleashed more than 5 million barrels of oil into the Gulf of Mexico.
November 15, 2012
U.S. Sues Bank of America for $1 Billion Over Mortgage Sales
Prosecutors have charged the bank with fraud for the sale of "defective" home loans.
October 24, 2012
New Mortgage Task Force Charges JPMorgan With "Systemic Fraud"
The lawsuit is the first filed by a federal mortgage task force established by the Obama administration to investigate alleged fraud involving home loans.
October 2, 2012
Bank of America Agrees to Settle Charges Over Merrill Purchase
If approved, the settlement would represent the largest of its kind to come out of the financial crisis.
September 28, 2012
U.S. Slams BP for "Gross Negligence" in Gulf Oil Spill
In a scathing memo submitted last week to the New Orleans court that will hear the case, government attorneys write that their investigation unmasked a "culture of corporate recklessness" at the British oil giant.
September 5, 2012
Deadlines Loom To Bring Financial Crisis Cases
For nearly five years, federal regulators have struggled to successfully prosecute Wall Street banks or executives for alleged misconduct during the financial crisis. Now, time may be running out.
August 15, 2012
Why News Corp.Took A Nearly $3 Billion Write-Down This Year
Its less profitable publishing arm was largely to blame, as you can see in our updated graphic which shows how News Corp. makes its money.
August 9, 2012