After a decade, Parmalat lawsuit versus Grant Thornton in U.S. is back
(Reuters) – A federal appeals court in Chicago said auditor Grant Thornton LLP must again face a lawsuit over its alleged role in the collapse of Italian dairy company Parmalat SpA, while lamenting that its decision puts the nearly 10-year-old case on …
Top official at U.S. Attorney’s Office in Manhattan to step down
(Reuters) – A top official in the U.S. Attorney’s Office in Manhattan who oversaw a number of high-profile insider trading cases is leaving his post after two and a half years, according to a spokesman for the office.
Drone firm says it did not peep on Seattle woman
(Reuters) – A drone that spooked a Seattle woman in her apartment and prompted a police probe of possible invasion of privacy was not trying to catch an illicit image but rather shooting a panoramic view for a developer, the company that operates it sa…
U.S. Supreme Court’s milestone ruling protects cellphone privacy
WASHINGTON (Reuters) – The U.S. Supreme Court on Wednesday ruled that police officers usually need a warrant before they can search the cellphone of an arrested suspect, a major decision in favor of privacy rights at a time of increasing concern over g…
Analysis: Game changer or symbolic move – U.S. debates condensate exports
(Reuters) – Facing a growing domestic oversupply, a U.S. crude oil producer and a pipeline company waged a quiet crusade in Washington earlier this year aimed at easing a decades-long ban on crude exports.
Construction to restart at NYC’s 3 World Trade Center
NEW YORK (Reuters) – Construction on Lower Manhattan’s flagship 3 World Trade Center building is set to restart after the developer was given the go-ahead on Wednesday to use $159 million in insurance money while he raises more than $1 billion private …
Glitch generates wrong photos on Arizona driver’s licenses
PHOENIX (Reuters) – A new system implemented to better process Arizona driver’s licenses has turned out to be less than picture-perfect in its first week of operation – generating a handful licenses with photographs of the wrong person.
Lawyer gets 15 years prison for record U.S. tax fraud scheme
NEW YORK (Reuters) – A former partner at the defunct law firm Jenkens & Gilchrist was sentenced to 15 years in prison on Wednesday following his conviction in what prosecutors call the largest criminal tax fraud in U.S. history.
New California law lets schools fire teachers for ‘egregious misconduct’
SACRAMENTO Calif. (Reuters) – California Governor Jerry Brown on Wednesday signed a law adding “egregious misconduct” to the list of fireable offenses for public school teachers, weeks after a judge said it was too hard to fire incompetent teachers in …
Google executive halts his plan to raze historic Portland house
PORTLAND Ore. (Reuters) – Google executive Kevin Rose has halted his plans to demolish a historic home in downtown Portland following pressure from his new neighbors who sought to save it. He now plans to sell to a long-time resident instead, both sides said. 
