Twenty-two financial companies that have served as primary dealers of U.S. Treasury securities were sued in federal court on Thursday, in what was described as the first nationwide class action alleging a conspiracy to manipulate Treasury auctions that harmed both investors and borrowers.
The United States filed a lawsuit on Wednesday to stop Sweden's Electrolux AB (ELUXb.ST), which owns the Frigidaire, Kenmore and Tappan brands, from buying General Electric Co's (GE.N) appliance business, the Justice Department said in a statement.
The U.S. Department of Justice said on Wednesday it is investigating whether U.S. airlines worked together illegally to keep airfares high by signaling plans to limit flights.
After nationwide protests against police and years of debate over sentencing guidelines, the U.S. House of Representatives' top judicial lawmaker plans to consider criminal justice reforms piece by piece, rather than as a single, broad reform package.
