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French Bank To Pay $8.83 Billion In Sanctions Probe

BNP Paribas pleaded guilty to violating U.S. sanctions law. It admitted that it helped clients in Sudan and other countries evade U.S. trade embargoes through its New York office.
NPR

Supreme Court Ruling Draws Attention To Business Lingo

Monday's Supreme Court ruling regarding Hobby Lobby and contraception used the business phrase: closely held for-profit corporations. What exactly does closely held mean?
NPR

Supreme Court Refuses To Hear Oyster Farm's Appeal

For decades Drake's Bay Oyster Co. leased offshore seabeds from the federal government. The lease expired in 2012 and an extension was denied. Company officials had been fighting the denial in court.
NPR

Some Home Care Workers May Avoid Bargaining Fees, Court Rules

The Supreme Court ruled that in-home care workers, who are paid by the state, are not similar enough to government employees to have to pay fees that help cover the costs of collective bargaining.
NPR

Supreme Court Wraps Up Term Issuing 2 Major Decisions

One order issued by the court is a major setback for President Obama's Affordable Care Act, and a victory for for-profit corporations. The other is a major defeat for public employee unions.
NPR

High Court's Contraception Ruling Draws Strong Reactions

Reaction to the Hobby Lobby case was as divided as the decision itself. The justices ruled that businesses can cite religion to opt out of covering contraceptives under the new health care act.
NPR

BNP Paribas Agrees To Nearly $9 Billion Fine And Admission Of Guilt

The French banking giant BNP Paribas will pay a penalty of nearly $9 billion and plead guilty to criminal charges for doing business with countries sanctioned by the U.S.
NPR

BNP Paribas Agrees To Pay $8.83 Billion In Sanctions Probe

The U.S. alleges that the French bank violated U.S. sanctions laws by facilitating transactions involving Sudan, Cuba and Iran.
NPR

How Many Companies Will Be Touched By Court's Contraception Ruling?

The Supreme Court says owners of closely held corporations may exercise their religious beliefs. That covers a majority of firms, but experts question how many would want to assert religious views.
NPR

In GM's Payout Plan, End Of The Road Is A Long Way Off

Kenneth Feinberg, who also oversaw the Sept. 11 victims fund, is administering the compensation plan for victims of General Motors' ignition switch defect. There is no cap on the total amount GM will spend, and even drivers who were drunk or distracted are eligible for compensation if the defect had any impact on their accident.

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