A class action lawsuit has been filed against J.P. Morgan Chase & Co, the largest U.S. bank by assets, alleging it engaged in racketeering and manipulation of California's electricity market.
A bond trader pleaded guilty on Wednesday to conspiring to defraud Royal Bank of Scotland Group Plc customers by lying about the prices of bond transactions he handled for them in an effort to boost the bank's profit.
A federal judge said Facebook Inc must face a nationwide class-action lawsuit seeking to force the social media company to provide refunds when children spend their parents' money on its website without permission.
Venezuela's top diplomat called a senior U.S. official "petulant" and ill-mannered on Wednesday in response to her contention that sanctions were intended to change the government, not topple it.
