Justice Department | featured news

Enron's Jeff Skilling could get early release from prison

Former Enron CEO Jeffrey Skilling, who is serving a 24-year prison term for his role in the energy giant's epic collapse, could get out of prison early under an agreement being discussed by his attorneys and the Justice Department, CNBC has learned. Skilling, who was convicted in 2006 of conspiracy, fraud and insider trading, has served just over six years.

 

Obama nominates Tom Perez as Secretary of Labor

President Barack Obama on Monday nominated Tom Perez, head of the Justice Department's Civil Rights Division, as labor secretary, a cabinet member who will play a key role in the administration's efforts to raise the minimum wage and reform immigration laws.

 

White House turns over secret memos on targeting terrorism suspects to Congress

The White House has agreed to give lawmakers access to the complete set of secret Justice Department memos on the targeted killing of terrorism suspects overseas, documents that the Obama administration had previously refused to share.

 

US government joins lawsuit against Lance Armstrong

Lance Armstrong

Lance Armstrong faces a powerful new adversary -- the United States government. The Justice Department notified a federal court Friday that it has joined one of his former racing teammates in suing him for using performance enhancing drugs during the Tour de France.

 

Memo justifies drone kills even with patchy intelligence

Drones

The U.S. government has authorized the killing of American citizens as part of its controversial drone campaign against al Qaeda even without intelligence that such Americans are actively plotting to attack a U.S. target, according to a Justice Department memo.

 

DealBook: U.S. and States Prepare to Sue S.&P. Over Mortgage Ratings

Standard & Poor's

The Justice Department and state prosecutors plan to file civil charges against Standard & Poor’s Ratings Service, accusing the firm of fraudulently rating mortgage bonds that led to the financial crisis, people briefed on the plan said.

 

US challenges deal to merge Budweiser and Corona

Corona

The Justice Department filed a lawsuit Thursday to stop Anheuser-Busch InBev's proposed $20.1 billion purchase of Mexican brewer Grupo Modelo, which would unite the ownership of popular beers like Budweiser and Corona.

 

E-Book Price War Has Yet to Arrive

E-Books

After a Justice Department investigation into e-book price-fixing, the cost of buying an e-book was supposed to plunge, but sales of e-readers and the content for them have stalled.

 

U.S. Seeks $1 Billion Price-Fixing Fine for AU Optronics

The U.S. Justice Department is seeking a $1 billion criminal fine on Taiwan's AU Optronics for its participation in a scheme to fix prices on liquid-crystal-display panels.

 

Get Ready for e-Book Price Cuts

E-Reader

Cheaper e-books from three publishers could return within one to three months, in the wake of a judge's approval this week of the antitrust settlement between the publishers and the Justice Department.

 

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