MLM Counties News. Notices. Need-to-know Information.

Delphi Corp. and former company executives along with Merrill Lynch & Co. and other underwriters will pay $342.1 million to settle a securities fraud lawsuit brought by investors of the bankrupt auto parts maker. The settlement filed Friday in federal ...

President George W. Bush on Friday pledged to help people who have fallen behind in their mortgages keep their homes and to tighten safeguards against predatory lending, while rejecting a bailout for “speculators.” “I plan to help homeowners. The government’s ...

A Citigroup Inc. unit and auditor Deloitte & Touche LLP were sued by an investor for helping a mortgage company issue $92.4 million in stock 14 weeks before the lender went bankrupt. The four million shares issued by American Home ...

California and five other states disagree with U.S. antitrust regulators over whether court oversight of Microsoft Corp. has improved competition for personal computer software and provided more consumer choices. California and the other states told a federal judge overseeing Microsoft ...

Ford Motor Co., the second-largest U.S. automaker, won reversal of a $52 million punitive-damages verdict awarded to the parents of a 3-year-old boy who was killed when a pickup truck ran over him. Walter White’s parents said a defective parking ...

Members of the United Autoworkers Union carry signs and march outside the building where the UAW and General Motors were conducting contract negotiations in Detroit, Mich., on July 23. Fabrizio Constantini/Bloomberg News A split in the ranks of the three ...

Four of the largest U.S. foundations, which have given a combined $131.8 million to rebuild Gulf Coast communities destroyed by Hurricanes Katrina and Rita in 2005, say the effort is proving to be a slow and difficult slog, a new ...

A split in the ranks of the three U.S. automakers may jeopardize efforts by General Motors Corp. and Ford Motor Co. to save $2.5 billion a year in health-care costs. For decades the United Auto Workers union has wrung almost ...

Deciphering the complete genome of the Pinot noir grape, among the first to be cultivated by man, offers the chance to breed new nuances into some of the world’s most complex wines, scientists said. Researchers from France and Italy found ...

In 1988, Bank of America Corp. Chief Executive Officer Hugh McColl dispatched his protégé, Kenneth Lewis, to Dallas to save the failing First RepublicBank Corp. A year later, the acquired bank earned $165 million, prompting analyst Thomas Brown to call ...

Unlike programs from the 1980s in cities like Los Angeles and Chicago, where plans to ban alleged gang members from large areas of the community were struck down by courts as unconstitutional, prosecutors are now using crime databases to document ...