SEC suspends some in-house court cases over hiring of judges
WASHINGTON (Reuters) – The U.S. Securities and Exchange Commission has suspended some of its pending in-house court cases, after a Denver-based federal appeals court found the agency had violated the Constitution in how it hired its administrative law …
Uber inadvertently underpaid New York City drivers for over two years
(Reuters) – Uber Technologies Inc [UBER.UL] said on Tuesday it underpaid its New York City drivers for the past two-and-a-half years, an error that could cost the ride-hailing company tens of millions of dollars.
Ex-Eaton Vance trader pleads guilty in U.S. to options fraud
BOSTON (Reuters) – A former Eaton Vance Corp portfolio manager pleaded guilty on Tuesday to an illegal options trading scheme that defrauded the company and allowed him to make $1.9 million in profits.
Wikipedia can pursue NSA surveillance lawsuit: U.S. appeals court
(Reuters) – A federal appeals court on Tuesday revived a Wikipedia lawsuit that challenges a U.S. National Security Agency (NSA) program of mass online surveillance, and claims that the government unconstitutionally invades people’s privacy rights.
Online insurer Fabric launches life coverage for New York parents
(Reuters) – Fabric, a web-based insurance agency that promises new parents accidental death coverage in two minutes, opened for business in New York on Tuesday following the state’s approval of its key product, the company said.
Bond market braces for impact of New York’s free tuition plan
NEW YORK (Reuters) – Little known private colleges that are already struggling to grow their revenues are facing a new threat that could further weaken their finances and make borrowing harder: free tuition at public universities.
Unruly passenger aboard Hawaii flight prompted bomb scare: FBI
(Reuters) – A Turkish man prompted a bomb scare aboard a weekend American Airlines flight from Los Angeles to Honolulu through a series of outbursts culminating in a desperate scuffle with crew members and fellow passengers, the FBI said in court docum…
Los Angeles art dealer gets jail for bilking clients out of $1 million
LOS ANGELES (Reuters) – A former Los Angeles art dealer who prosecutors say embezzled more than $1 million from clients including former Walt Disney Co President Michael Ovitz was sentenced on Monday to six months in jail.
Boston art heist solved? Nope, just fraud attempt, prosecutors say
BOSTON (Reuters) – A West Virginia man was arrested on Monday and charged with fraudulently claiming he could sell some of the $500 million in artwork stolen from a Boston museum a quarter century ago, even though he had no access to the long-sought ma…
Ex-employee of U.S. defense firm pleads guilty in espionage case
(Reuters) – A former employee of a U.S. defense contractor has pleaded guilty to charges of attempting to sell sensitive satellite information to a person he believed was a Russian intelligence agent, the U.S. Justice Department said on Monday.
