Rival chipmakers Intel Corp. and Advanced Micro Devices on Thursday announced an agreement to settle all of their long-standing legal disputes.
New York Attorney General Andrew Cuomo filed an antitrust lawsuit against Intel, alleging the chipmaker threatened computer makers and paid kickbacks to stop them from using competitors' chips, Cuomo's office said Wednesday.
The housing industry has been universal in its opposition to the Home Valuation Code of Conduct, and on Tuesday leaders met with New York Attorney General Andrew Cuomo to discuss modifying the rules.
New York Attorney General Andrew Cuomo issued subpoenas to five Bank of America board members on Wednesday, as part of his investigation into the bank's purchase of Merrill Lynch a year ago, a source close to the investigation told CNN.
The outrage over big bonuses paid to Merrill Lynch employees is quickly becoming less a scandal for Bank of America and more of another black eye for Wall Street's top cop in Washington.
Michelle Minton was crying as she listened to a man tell her she'd be arrested within the hour if she didn't pay a $4,400 debt.
New York Attorney General Andrew Cuomo filed a lawsuit Monday against Charles Schwab Corp., accusing the brokerage firm of selling certain financial products to investors without revealing the risks.
Even as top banks delivered abysmal performances last year, they still managed to pay out billions of dollars employee bonuses, according to a study published Thursday by New York Attorney General Andrew Cuomo.
New York authorities indicted seven people accused of running a prostitution ring on the Web site Craigslist, the state's attorney general announced Wednesday.
Questions about whether Bank of America breached its duties to shareholders come at an inconvenient time for embattled CEO Ken Lewis.
Rival chipmakers Intel Corp. and Advanced Micro Devices on Thursday announced an agreement to settle all of their long-standing legal disputes.
New York Attorney General Andrew Cuomo filed an antitrust lawsuit against Intel, alleging the chipmaker threatened computer makers and paid kickbacks to stop them from using competitors' chips, Cuomo's office said Wednesday.
The housing industry has been universal in its opposition to the Home Valuation Code of Conduct, and on Tuesday leaders met with New York Attorney General Andrew Cuomo to discuss modifying the rules.
New York Attorney General Andrew Cuomo issued subpoenas to five Bank of America board members on Wednesday, as part of his investigation into the bank's purchase of Merrill Lynch a year ago, a source close to the investigation told CNN.
The outrage over big bonuses paid to Merrill Lynch employees is quickly becoming less a scandal for Bank of America and more of another black eye for Wall Street's top cop in Washington.
Michelle Minton was crying as she listened to a man tell her she'd be arrested within the hour if she didn't pay a $4,400 debt.
New York Attorney General Andrew Cuomo filed a lawsuit Monday against Charles Schwab Corp., accusing the brokerage firm of selling certain financial products to investors without revealing the risks.
Even as top banks delivered abysmal performances last year, they still managed to pay out billions of dollars employee bonuses, according to a study published Thursday by New York Attorney General Andrew Cuomo.
New York authorities indicted seven people accused of running a prostitution ring on the Web site Craigslist, the state's attorney general announced Wednesday.
Questions about whether Bank of America breached its duties to shareholders come at an inconvenient time for embattled CEO Ken Lewis.
It seems cash-strapped states didn't make out quite as well in the AIG bailout as the troubled insurer initially claimed.
Executives at American International Group have started giving back their bonus cash in full, according to New York Attorney General Andrew Cuomo.
Under pressure, American International Group sent the New York attorney general's office a list of employees who received bonuses, according to a statement released Thursday.
New York State Supreme Court Justice Bernard Fried ordered Bank of America on Wednesday to disclose information about nearly $3.6 billion in bonuses Merrill Lynch paid employees just before it was acquired by the bank.
Insurance giant AIG will have to return to the Treasury Department the $165 million it just paid out in executive bonuses, Treasury Secretary Timothy Geithner said Tuesday in a letter to congressional leaders.
The fallout continued Tuesday over $165 million in bonus payments paid to executives by bailed-out insurer American International Group.
Anger over $165 million in bonuses doled out to American International Group senior employees reached a fevered pitch on Monday, prompting the Obama administration to vow to recoup the money and a New York prosecutor to subpoena the firm for recipients' names.
Merrill Lynch may have misled Congress in November about its employee bonuses, New York Attorney General Andrew Cuomo said in a filing on Wednesday.
Seven former Merrill Lynch executives have been subpoenaed by New York Attorney General Andrew Cuomo over $3.6 billion in bonuses paid out just before the company was acquired by federally bailed-out Bank of America last year, a source close to the investigation told CNN.
Bank of America's chief executive officer spent four hours Thursday testifying in an investigation into the $3.6 billion in bonuses that Merrill Lynch paid out just before it was acquired by the bank last year, but still refused to give out the details of those payments.
Bank of America's chief executive officer spent four hours Thursday testifying in an investigation into the $3.6 billion in bonuses that Merrill Lynch paid out just before it was acquired by the bank last year, but still refused to give out the details of those payments.
Bank of America CEO and Chairman Kenneth Lewis has been issued a subpoena by the New York State Attorney General's Office, which is investigating whether the bank violated state law by withholding information from investors, a source familiar with the investigation told CNN.
Merrill Lynch "secretly" doled out huge bonuses before reporting a huge quarterly loss and getting absorbed by Bank of America, according to New York state's attorney general.
The political circus surrounding the selection of New York's next senator is over -- at least for the next two years.
In today's dire financial climate, what exactly should a CEO say when it's time to hold that quarterly earnings call with analysts and the media?
Merrill Lynch's chief executive John Thain has reportedly dropped his request for a $10 million annual bonus after being blasted by New York Attorney General Andrew Cuomo.
On Oct. 15, New York State Attorney General Andrew Cuomo informed American International Group's board that he would be launching an investigation into the insurance company's "unwarranted and outrageous" expenditures and that he would sue unless his office received "immediate cooperation." Cuomo, 50, was tapping into populist ire over a $440,000 corporate retreat less than a week after the government rescued AIG with an $85 billion loan.
Swiss bank UBS said Friday that it plans to cut an additional 2,000 investment banking jobs, bringing the total headcount reduction to 6,000 over the past year.
New York Attorney General Andrew Cuomo announced Thursday he is looking into whether traders spread false information in an effort to drive down certain stock prices amid the recent turmoil on Wall Street.
(NEW YORK) -- Eight student loan companies have agreed to adopt broad reforms following an investigation by the state of New York into deceptive marketing practices, the attorney general said Tuesday.
The New York attorney general's office said Wednesday it is investigating whether Fidelity Investments was given incentives by Goldman Sachs Group Inc. to sell auction-rate securities to investors
Attorney General Andrew Cuomo is sending a letter to Merrill Lynch & Co. notifying the investment bank that his office will file suit against it imminently as part of an investigation into the collapse of the auction-rate securities market
New York Attorney General Andrew Cuomo said Monday he is expanding his investigation into the collapse of the auction-rate securities market to include JPMorgan Chase & Co., Morgan Stanley and Wachovia Corp
If your bank contacts you about a bond-like investment you made some time ago, don't ignore it. You could benefit from an unusual settlement that will allow you to get back 100% of your investment's value.
If your bank contacts you about a bond-like investment you made some time ago, don't ignore it. You could benefit from an unusual settlement that will allow you to get back 100% of your investment's value.
Citigroup Inc. will buy back more than $7 billion in auction-rate securities and pay $100 million in fines as part of settlements with federal and state regulators announced Thursday
New York Attorney General Andrew Cuomo on Friday said he is prepared to charge Citigroup Inc. with fraudulent sales of auction-rate securities and with the destruction of key documents
New York state Attorney General Andrew Cuomo said Friday that his office intends to file charges against Citigroup for the alleged fraudulent marketing and sale of troubled auction-rate securities to everyday investors.
Anheuser-Busch Companies Inc. will reformulate its alcoholic energy drinks to remove caffeine and other stimulants they contain as part of a nationwide legal settlement, it announced Thursday.
Verizon, Sprint and Time Warner Cable have agreed with New York state officials to block access to child pornography
In a move to protect investors from shady security-selling practices, major credit-rating firms Moody's, S&P, and Fitch reached a cooperation agreement with New York state Attorney General Andrew Cuomo Thursday.
U.S. stocks were set to open lower Wednesday and oil prices were down as investors focused on the services sector.
Dell Inc. deceived customers in a massive "bait and switch" scheme to increase sales of its computer and electronic products, a New York state judge ruled Tuesday.
New York Attorney General Andrew Cuomo is investigating 18 Wall Street investment banks regarding the collapsed auction rate securities market, according to an article from the Wall Street Journal.
After enduring months of scrutiny and attacks, the big three credit rating agencies were criticized once again Thursday, with critics charging that their recent efforts to shore up their shaken rating systems are too little and too late.
Twelve states sued the Bush administration on Wednesday to force greater disclosure of data on toxic chemicals that companies store, use and release into the environment
What the heck's happening to our financial system?
The popular social networking Web site Facebook says it is taking new steps to protect its users from online predators.
Federal regulators said Friday they are reviewing the role credit-rating agencies played in the mortgage market debacle for borrowers with weak credit.
Student loan company Nelnet reached a $2 million settlement with New York Attorney General Andrew Cuomo stemming from investigations into the company's student loan practices.
Oil behemoth Exxon Mobil Corp. is the target of a lawsuit filed by the New York attorney general's office that claims the company did not clean up 17 million gallons of spilled oil in Brooklyn over the past century, the New York attorney general's office announced Tuesday.
UBS agreed to pay $21.3 million to approximately 3,000 current and former customers, plus a $2 million penalty as part of a settlement regarding its InsightOne fee-based brokerage program.
New York, Illinois and Missouri announced settlements Monday with three schools for participating in questionable student loan practices, marking the latest development in the widening student loan scandal.
Late Sunday night, student loan giant Sallie Mae, or SLM Corp. as the company is officially known, became the latest major American corporation to succumb to the advances of private equity. Sallie will be sold to a consortium of two private equity firms - JC Flowers and Friedman Fleischer & Lowe - and two banks that have their own student loan businesses - JP Morgan and Bank of America - for some $60 a share, or $25 billion. That represents a premium of almost 50 percent based on Sallie's stock price before word of the deal began to leak.
New York Attorney General Andrew Cuomo announced Thursday that he intends to file a lawsuit against ExxonMobil and 4 other companies that will require them to clean up Newtown Creek, which has been polluted by a 17 million gallon oil spill among other contaminates, according to Cuomo's office.
Former New York Gov. Mario Cuomo and his son, former Housing and Urban Development Secretary Andrew Cuomo, endorsed Sen. John Kerry for president Saturday.
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