JPMorgan Chase & Co has agreed to pay $100 million to settle litigation by credit card customers who accused the largest U.S. bank of improperly boosting their minimum payments as a means to generate

An Indian-origin law student has sued Manhattan's top federal prosecutor Preet Bharara and the US Justice Department claiming she was unlawfully questioned and her cell phone confiscated after she sen

An Indian-origin man, who called himself a ‘terrorist’, has been found guilty by a jury of threatening to blow up a medical firm in Connecticut and faces up to 10 years in prison.

Shaneel Jain, 56, w

A 46-year-old Indian-American ex-headmistress of a Manhattan prep school, sentenced to two-to-seven years in prison for bedding one of her students in 2007, has surrendered after all her appeals exhausted.

Nasdaq OMX group will provide funds to the tune of USD 62 million to compensate clients who were disadvantaged by technical problems that arose during the Facebook IPO on May 18.

Twitter said on Thursday it was appealing a court ruling ordering it to turn over data on one of its users involved in the Occupy Wall Street protest movement.

In a case watched closely as a test of

Microsoft posted its first ever loss on Thursday, shedding $492 million in the fourth quarter due to a massive $6.2 billion write-down to reflect the slump in value of its online operations.

Microsof

Morgan Stanley estimates the retail brokerage business it jointly owns with Citigroup Inc is worth less than half as much as Citigroup believes, Citi said in a regulatory filing on Thursday.

The disa

New Yahoo chief executive Marissa Mayer's compensation package could total more than $70 million in salary, bonuses, restricted stock and stock options over five years, according to a regulatory filing made by the company on Thursday.

Soccer powerhouse Manchester United is expected to launch its IPO in New York as early as next week, for pricing in early August, after earlier attempts in Hong Kong, Singapore and the UK.

The time t