Amerigroup to Settle Medicaid Case - more details
Amerigroup has agreed to pay $225 million to settle claims that it defrauded the Illinois Medicaid program, state and federal prosecutors said Thursday.

Court Bolsters UnitedHealth Settlement - more details
The Minnesota Supreme Court said a federal judge has little leeway to review or reject a stock-options backdating settlement between UnitedHealth and former CEO William McGuire, increasing the likelihood that the deal will be approved.

PAC Payments by Edwards Appear Legal - more details
John Edwards's payments to a video producer with whom he had an affair were most likely legal, lawyers said.

Buyback Headache for Fund Firms - more details
A new plan from Wall Street banks to buy back tens of billions of dollars in auction-rate securities could leave some closed-end fund companies wishing they had stayed on the sidelines like some competitors.

Countrywide Deal With Critic Is Challenged - more details
The U.S. Justice Department has challenged a deal Countrywide has cut in a Pittsburgh bankruptcy court, saying the home lender is trying to silence an active critic.

Looming Texas Execution Gets Spotlight - more details
The case of José Medellín, a Mexican national scheduled to be executed in Texas next week, has become about more than one man's fate: It has implications in the U.S. and abroad, and many will be watching to see if Medell&...

Canadian Tobacco Firms to Pay Fines - more details
Two of Canada's largest tobacco companies agreed to pay more than $980 million in fines after pleading guilty to customs charges related to contraband cigarettes and smuggling.

United Sues Pilots Over Stoppages - more details
United Airlines is seeking a preliminary injunction blocking its pilots from engaging in an unlawful sickout and no-overtime campaign that is forcing the airline to cancel abnormal numbers of flights.

Ex-NYSE Traders Are Cleared - more details
A federal appeals court reversed the criminal convictions of two former floor traders in the long-running case into allegedly improper trading at the New York Stock Exchange.

Auction-Rate Fraud Case Widens - more details
New York Attorney General Andrew Cuomo filed civil fraud charges against UBS over the firm's handling of auction-rate securities before the $330 billion market collapsed earlier this year. (Lawsuit)