Edition:
India

Jonathan Stempel

Trump, adult children urge dismissal of marketing scam lawsuit

4:17am IST

NEW YORK U.S. President Donald Trump and his adult children on Thursday urged a federal judge to dismiss a racketeering lawsuit accusing them of using the family name to promote sham marketing opportunities to vulnerable, financially struggling investors.

Philadelphia sues seven big banks, alleges municipal bond collusion

12:54am IST

NEW YORK The city of Philadelphia has filed an antitrust lawsuit accusing seven major banks of conspiring to inflate interest rates for a type of bond used by cities, towns and other public entities, costing them potentially billions of dollars.

UPDATE 1-Philadelphia sues seven big banks, alleges municipal bond collusion

12:48am IST

NEW YORK, Feb 21 The city of Philadelphia has filed an antitrust lawsuit accusing seven major banks of conspiring to inflate interest rates for a type of bond used by cities, towns and other public entities, costing them potentially billions of dollars.

Philadelphia sues seven big banks, alleges municipal bond collusion

21 Feb 2019

NEW YORK, Feb 21 The city of Philadelphia has filed an antitrust lawsuit accusing seven major banks of conspiring to inflate interest rates for a type of bond used by cities, towns and other public entities, costing them potentially billions of dollars.

Credit Suisse loses bid to dismiss lawsuit in U.S. over writedowns

21 Feb 2019

NEW YORK A U.S. judge has rejected Credit Suisse Group AG's bid to dismiss a lawsuit accusing the Swiss bank of defrauding shareholders about its risk appetite and risk management before taking $1 billion of writedowns on souring debt.

UPDATE 1-Credit Suisse loses bid to dismiss lawsuit in U.S. over writedowns

21 Feb 2019

NEW YORK, Feb 21 A U.S. judge has rejected Credit Suisse Group AG's bid to dismiss a lawsuit accusing the Swiss bank of defrauding shareholders about its risk appetite and risk management before taking $1 billion of writedowns on souring debt.

New York City settles U.S. claims over Superstorm Sandy

21 Feb 2019

NEW YORK New York City reached a $5.3 million settlement on Wednesday to resolve charges it improperly billed the U.S. government for damage to city vehicles caused by Superstorm Sandy in October 2012.

U.S. judge dismisses boys' lawsuit against Trump climate rollbacks

21 Feb 2019

A federal judge has dismissed a lawsuit by two Pennsylvania boys and an environmental group seeking to stop U.S. President Donald Trump from rolling back regulations addressing climate change, saying the court does not have power to tell the White House what to do.

UPDATE 4-New York City settles U.S. claims over Superstorm Sandy

21 Feb 2019

NEW YORK, Feb 20 New York City reached a $5.3 million settlement on Wednesday to resolve charges it improperly billed the U.S. government for damage to city vehicles caused by Superstorm Sandy in October 2012.

Credit Suisse loses bid to dismiss lawsuit in U.S. over writedowns

20 Feb 2019

NEW YORK A U.S. judge has rejected Credit Suisse Group AG's bid to dismiss a lawsuit accusing the Swiss bank of defrauding shareholders about its risk appetite and risk management before taking $1 billion of writedowns on souring debt.

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