Business » Legal

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Bank of America Fined $30M by US for Debt Collection

By Marcy Gordon | May 30
Bank of America has been fined $30 million by U.S. regulators, who accused the bank of violating consumer protections for members of the military in collecting debts.

Response by Operator of Broken Oil Pipeline Faces Scrutiny

By Brian Melley, Michael R. Blood | May 30
Emergency workers and officials from a pipeline operator had gathered last week to train for the worst - an oil spill - when a 911 call came in reporting a noxious smell at a nearby beach.

FBI Says It's Investigating Identity Theft at IRS

May 29
The FBI says it's begun an investigation into the theft of personal tax information of more than 100,000 taxpayers from an Internal Revenue Service website.

Congress Wants to Know how Thieves Stole Tax Info from IRS

By Stephen Ohlemacher | May 28
Congress is demanding answers about how identity thieves were able to steal the personal tax information of more than 100,000 taxpayers from an IRS website.

Former Trader Goes on Trial in UK for Market Manipulation

May 27
A British prosecutor says a former Citibank and UBS trader motivated by greed served as the ringmaster in the alleged manipulation of a key interest rate, the London Interbank Lending Rate, or Libor.

Watch: Bounce House Goes Airborne on Florida Beach

May 27
A 6-year-old girl is in a Fort Lauderdale hospital after a waterspout sent a bounce house flying. The giant inflatable toy tumbled across a four-lane highway. This comes as part of a series of extreme weather conditions on the Florida beach.

French Open Selfie Seeker Upsets Roger Federer

May 26
After an easy straight-set win over Alejandro Falla at the French Open, a young man rushed the court to try to get a picture of himself and Roger Federer, who did not look pleased. Julianna Goldman reports.

Exotic Beauty Pleads Guilty in Google Exec's Yacht Death

May 26
An exotic beauty charged with injecting a Google executive with heroin and leaving him to die on his yacht pleads guilty -- "48 Hours" was in court as she learned her fate. Maureen Maher joins "CBS This Morning" to preview Tuesday's "48 Hours."

Toyota Promises to Help Find Cause of Takata Airbag Defects

By Yuri Kageyama | May 25
Toyota vowed to help pinpoint the cause of a defect in air bags used in more than 50 million vehicles worldwide, saying the auto industry risks losing the trust of car buyers if the problem drags on unresolved.

CareFirst Says Data Breach Affects About 1.1M People

May 22
In the latest disclosure of a cyberattack against a health insurer, CareFirst BlueCross BlueShield says that attackers gained access to a database that included the names of 1.1 million people.

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