US Department Of Justice

Swiss bank UBS downgraded GQG's stock rating from 'buy' to 'neutral' on Monday and reduced its price target from A$3.30 to A$2.30

Outgoing US President Joe Biden pardons his son Hunter Biden on tax and weapons charges, sparking political debate

While SBI will exercise caution while disbursing future loans to ensure compliance, the review does not mean a change in the lenders' credit approach to the ports-to-energy conglomerate

Experts say that under the provisions of US law, particularly the FCPA, an indictment of this nature is a serious offence

Google said the DOJ's proposal would harm Americans' privacy and security, stymie Google's investments in artificial intelligence and hurt companies

Antitrust officials, along with states that have joined the case, also plan to recommend Wednesday that federal judge Amit Mehta impose data licensing requirements

Donald Trump's choice of Matt Gaetz to be attorney general has many Justice Department employees reeling, worried not only about their own jobs but the future of the agency that the Trump loyalist has railed against. The president-elect's pick of the Florida Republican sent a shock throughout the Cabinet department, considering Gaetz's lack of experience in law enforcement and the fact that he was once the subject of a federal sex trafficking investigation. The names of well-regarded veteran lawyers had circulated as possible contenders for the job but Gaetz's selection was broadly interpreted as an indication of the premium that Trump places on personal loyalty and Trump's desire to have a disruptor lead a department that for years investigated and ultimately indicted him. Career lawyers at the department interviewed by AP, all of whom spoke on the condition of anonymity, described a widespread sense of being stunned by the nomination -- even outrage. They spoke of being flooded wit

Asif Merchant has been charged with murder-for-hire in connection with a foiled assassination plot targeting US politicians or government officials

Boeing announced plans to acquire key supplier Spirit AeroSystems for $4.7 billion, a move that it says will improve plane quality and safety amid increasing scrutiny by Congress, airlines and the Department of Justice. Boeing previously owned Spirit, and the purchase would reverse a longtime Boeing strategy of outsourcing key work on its passenger planes. That approach has been criticized as problems at Spirit disrupted production and delivery of popular Boeing jetliners, including 737s and 787s. We believe this deal is in the best interest of the flying public, our airline customers, the employees of Spirit and Boeing, our shareholders and the country more broadly, Boeing President and CEO Dave Calhoun said in a statement late Sunday. Concerns about safety came to a head after the Jan. 5 blowout of a panel on an Alaska Airlines 737 Max 9 at 16,000 feet over Oregon. The Federal Aviation Administration soon after announced increased oversight of Boeing and Spirit, which supplied the

The US Justice Department plans to propose that Boeing plead guilty to fraud in connection with two deadly plane crashes involving its 737 Max jetliners, according to two people who heard prosecutors detail the offer Sunday. Boeing will have until the end of the coming week to accept or reject the offer, which includes the giant aerospace company agreeing to an independent monitor who would oversee its compliance with anti-fraud laws, they said. The Justice Department told families of some of the 346 people who died in the 2018 and 2019 crashes about the plea offer during a video meeting, according to Mark Lindquist, one of the lawyers representing families who are suing Boeing, and another person who heard the call with prosecutors. Prosecutors told the families that if Boeing rejects the plea offer, the Justice Department would seek a trial in the matter, they said. Boeing declined to comment. The meeting came weeks after prosecutors told a federal judge that the American aerosp

The US industrial giant faces significant scrutiny by the Justice Department after a string of safety failures

The Justice Department said it is still determining how to proceed, including whether and how to punish the company

The Justice Department on Thursday announced a sweeping antitrust lawsuit against Apple, accusing the tech giant of engineering an illegal monopoly in smartphones that boxes out competitors and stifles innovation. The lawsuit, filed in federal court in New Jersey, alleges that Apple has monopoly power in the smartphone market and uses its control over the iPhone to engage in a broad, sustained, and illegal course of conduct. The lawsuit which was also filed with 16 state attorneys general is the latest example of the Justice Department's approach to aggressive enforcement of federal antitrust law that officials say is aimed at ensuring a fair and competitive market, even as it has lost some significant anticompetition cases. President Joe Biden has called for the Justice Department and the Federal Trade Commission to vigorously enforce antitrust statutes. The increased policing of corporate mergers and business deals has been met with resistance from some business leaders who have

The DOJ probe hasn't stopped Washington from working with Adani Group entities

Vanita Gupta, the highest-ranking Indian-American in the Department of Justice, will step down as the Associate Attorney General of the US in February 2024. Gupta, the first woman of colour to serve as the Department of Justice's third-highest ranking official, led its "Reproductive Rights Taskforce to defend the reproductive freedoms that are protected by federal law," a statement by Attorney General Merrick B. Garland said on Thursday. The 49-year-old has served as the Associate Attorney General since confirmation by the Senate in 2021 and will depart from the post in February 2024, according to the Department of Justice (DoJ). Acknowledging Gupta's "extraordinary service", Garland said that her commitment to the "pursuit of justice and relentless focus on bringing people together to find common ground made her an incredibly effective leader in dealing with some of the most complex challenges facing the American people." "She played an integral role in the department's efforts to

Trafigura is alleged to have made profits from these contracts amounting so far to $143.7 million

The US Justice Department pressed ahead with its antitrust case against Google on Wednesday, questioning a former employee of the search engine giant about deals he helped negotiate with phone companies in the 2000s. Chris Barton, who worked for Google from 2004 to 2011, testified that he made it a priority to negotiate for Google to be the default search engine on mobile devices. In exchange, phone service providers or manufacturers were offered a share of revenue generated when users clicked on ads. In the biggest antitrust case in a quarter century, the government is arguing that Google has rigged the market in its favour by locking in its search engine as the one users see first on their devices, shutting out competition and smothering innovation. Google counters that it dominates the internet search market because its product is better than the competition. Even when it holds the default spot on smartphones and other devices, it argues, users can switch to rival search engines

The US government says the former Twitter's request to end oversight of its data privacy and security practices is meritless and owner Elon Musk should not be immune to testifying about the company since he has first-hand knowledge of the conduct being investigated. This includes decisions he made since acquiring the company including mass layoffs, hasty product launches and an overall chaotic environment" that could be in violation of a government order limiting its privacy and security practices. The company now called X Corp. had filed a motion in July for a protective order that would prevent Musk from having to testify about the company and for relief from its 2022 consent order with the Federal Trade Commission (FTC). In a Monday filing on behalf of the FTC, the US Department of Justice said that in seeking to end the FTC's order, X merely "complains the FTC asked too many questions after Elon Musk acquired the company. But the FTC was asking questions, according to the ..

Teva will make a $50 million drug donation to humanitarian organizations that help Americans in need

The Swiss banks were included in a recent wave of subpoenas sent out by the US government, the people said. The information requests were sent before the crisis