News

The Mississippi Supreme Court on Friday rejected a Republican primary challenge by former U.S. Senate candidate Chris McDaniel, possibly ending his legal effort to overturn the June result that he alleged was stolen by incumbent U.S. Senator Thad Cochran.

General Motors Co (GM.N) persuaded a federal appeals court to uphold the dismissal of a $3 billion lawsuit in which Spyker NV (SPYKF.PK) accused it of derailing a plan to sell the Swedish automaker Saab to a Chinese company.

Fannie Mae (FNMA.OB) has reached a $170 million settlement of a lawsuit accusing it of misleading shareholders about its finances, risk management and mortgage exposure before it was seized by the U.S. government during the 2008 financial crisis.