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U.S. Department of Justice

U.S. Department of Justice

US President Barack Obama speaks about the home loan mortgage settlement between US states and five leading banks at the Eisenhower Executive Office Building adjacent to the White House in Washington, DC, February 9, 2012. The US Justice Department announced a $25 billion settlement between the states and the banks to resolve complaints that they abused millions of borrowers in home loan foreclosures.

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Newsday's coverage

  • Colorado looking into pot-banking co-ops

    Medical marijuana is legal in 17 states, but the industry has a decidedly black-market aspect -- it's mostly cash-only.Banks won't touch pot money. The drug is illegal under federal law, and processing transactions or investments with pot money puts fede 2/14/12 Read more »

  • Japanese auto suppliers to pay price-fixing fine

    Two Japanese auto suppliers have agreed to pay more than half a billion dollars in criminal fines for a price-fixing conspiracy in the sale of parts to U.S. automakers, the Justice Department announced Monday.Yazaki Corp. agreed to pay a $470 million fin   Read more »

  • Judge: BP contract shielded Transocean in spill

    (AP) -- The rig owner involved in drilling the ill-fated well that blew out in the Gulf of Mexico and spewed more than 200 million gallons of oil will not have to pay many of the pollution claims because it was shielded in a contract with well-owner BP,   Read more »

  • Zynga mulls online gambling market

    Zynga, the social game company known for "FarmVille" and "Zynga Poker," is mulling a new market -- online gambling. Zynga Inc. confirmed Friday that it is in active talks with potential partners. San Francisco-based Zynga says it is speaking to the poten   Read more »

  • Online gambling fight now about when, who _ not if

    (AP) -- The fight to fully legalize online gambling in the U.S. is now less about whether Americans will be able to play and more about who will bring the action to them -- and when.A recent U.S. Justice Department opinion opened the door for cash-strapp   Read more »

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