The state of Oregon sued Oracle America Inc. and six of its top executives Friday, accusing the software giant of fraud for failing to deliver a working website for the Affordable Care Act program.
Global commodities trader Cargill Inc [CARG.UL] has sued a former employee, accusing him of stealing trade secrets before he joined rival JBS SA. Privately held Cargill filed the case on Thursday in the U.S. District Court of Colorado, accusing Jason Kuan of breach of contract.(1.usa.gov/1lmQx3S)
A cyber attack at a firm that performs background checks for U.S. government employees compromised data of at least 25,000 workers, including some undercover investigators, and that number could rise, agency officials said on Friday.
Goldman Sachs Group Inc has agreed to a settlement worth $1.2 billion to resolve a U.S. regulator's claims the bank sold Fannie Mae and Freddie Mac faulty mortgage bonds, the regulator announced Friday. Under the settlement with the Federal Housing Finance Agency, the conservator for the two government-controlled mortgage finance companies, Goldman Sachs said it agreed to pay $3.15 billion to repurchase mortgage-backed securities from Fannie and Freddie.
