Ex-head of Chicago schools pleads guilty in kickbacks scheme
By MICHAEL TARM The former head of Chicago Public Schools pleaded guilty Tuesday to a fraud charge in an alleged scheme to steer $23 million in no-bid contracts to education…
Corporate legal affairs
VW CEO: ‘I am endlessly sorry’ brand is tarnished
By GEIR MOULSON and PAN PYLAS Volkswagen AG’s smog-test scandal escalated Tuesday as the company issued a profit warning, set aside billions to cover the fallout and lost billions more…
China probing brokers, regulators for possible stock crimes
By JOE McDONALD Employees of one of China’s biggest securities firms and one current and one former employee of its market regulator are under investigation on suspicion of illegal stock…
A look at recent politically tainted trials in Russia
By NATALIYA VASILYEVA The guilty verdict Tuesday for Crimean filmmaker Oleg Sentsov, who was convicted and sentenced to 20 years in a Russian maximum-security prison for an alleged terror conspiracy,…
Colorado court: Workers can be fired for using pot off-duty
By KRISTEN WYATT Pot may be legal in Colorado, but you can still be fired for using it. In addition to Mountain Annie’s Cannabis, medical marijuana is the most common.…
Banks fined more than $5B, to plead guilty to market rigging
By KEN SWEET and ERIC TUCKER Four global banks agreed Wednesday to pay more than $5 billion in penalties and plead guilty to rigging the world’s curren market, the first…
Witnesses: McDonnell was overwhelmed by first lady role
By ALAN SUDERMAN Former Virginia first lady Maureen McDonnell is a thoughtful woman devoted to her family, but she was overwhelmed by her political role, supporters testified Friday at her…
France fines 13 firms $1.2 bln for price-fixing
By JAMEY KEATEN Penalizing a dirty business involving cleaning products, French regulators fined 13 consumer-products makers about 950 million euros ($1.2 billion) for price fixing on goods like shampoos, detergents…