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Financial

Seneca tribe’s suit over New York toll road advances past appeal

The Empire State has been unable to dismiss a lawsuit brought by Native Americans seeking equitable compensation over 3 miles of reservation land that was sold in 1954.

Executive sentenced for $15M fraud scheme

SAN FRANCISCO — A former energy company executive was sentenced to five years’ imprisonment after he orchestrated a scheme that defrauded more than 50 investors of $15 million, some of which he used for his own expenses and to pay earlier investors.

Biden meets with Democratic leaders as debt showdown looms

Ahead of the meeting, Chuck Schumer said the House Republicans are risking a potentially devastating debt default that would cascade across the economy hitting American households.

Appeals court rejects H&R Block trademark claims against Block, formerly Square

In a 2-1 ruling, the Eighth Circuit reversed a preliminary injunction against the company that owns CashApp and Square, ruling H&R Block failed to show a likelihood of confusion between trademarks.

Native Hawaiians continue fight against Bank of America for homeland funds

Almost three decades since the bank first pledged to make $150 million in home loans available for Native Hawaiians, a Maui-based nonprofit filed a complaint seeking the funds which the bank has maintained it has already paid out.

Bitcoins bungled

PHILADELPHIA — A federal court in Pennsylvania is allowing a Canadian digital currency business to sue a lawyer, whose license has been suspended since their dealings, for allegedly keeping $1 million of the $5.6 million the company gave him over three foiled attempts to purchase 10,000 bitcoins, which it never received.

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