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NEW YORK (CNNMoney.com) — Thursday’s $100 million settlement between Dell and the Securities and Exchange Commission was a reminder that the government is going after tech’s bad boys — and Intel is likely next on the feds’ list.

According to the SEC’s complaint against Dell, Intel paid the computer maker rebates as part of a deal in which Dell agreed not use microchips manufactured by Intel’s rival AMD. We’re not talking small change: The payments totaled $4.3 billion between 2003 and 2006.

Full Story at msnbc.com

WASHINGTON — A confidential survey of workers on the Deepwater Horizon in the weeks before the oil rig exploded showed that many of them were concerned about safety practices and feared reprisals if they reported mistakes or other problems.

In the survey, commissioned by the rig’s owner, Transocean, workers said that company plans were not carried out properly and that they “often saw unsafe behaviors on the rig.”

Full Story at money.cnn.com

NEW YORK (CNNMoney.com) — Drugmaker Johnson & Johnson said Tuesday that it has received a grand jury subpoena and is cooperating with a federal investigation stemming from multiple recalls of its popular non-prescription drugs.

The company, which also reported its quarterly results, said it was addressing a variety of legal actions, including lawsuits against its McNeil Consumer Healthcare unit, ongoing investigations into the recalls and a grand jury subpoena from the U.S. Attorney’s Office for the Eastern District of Pennsylvania.

Full Story at money.cnn.com

NEW YORK (CNNMoney.com) — BP knew of problems with an offshore well hours before it exploded last month, spilling millions of gallons of oil into the Gulf of Mexico, a House committee chairman said Wednesday.

Rep. Henry Waxman, D-Calif., said the oil company told the Energy and Commerce subcommittee on oversight privately that the well failed a key pressure test just hours before it exploded on April 20.

Full Story at money.cnn.com

NEW YORK (CNNMoney.com) — Top Goldman Sachs representatives — including CEO Lloyd Blankfein — attempted to deflect criticism Tuesday as they faced a blistering cross-examination from lawmakers about the firm’s role in the financial crisis.

For more than ten hours, members of a Senate panel skewered current and former executives at Wall Street’s top firm with pointed questions and criticisms in an effort to understand how Goldman had positioned itself just as the nation’s housing market started to come unraveled in 2007.

Full Story at money.cnn.com

WASHINGTON (CNN) — A federal appeals court has certified the largest class-action employment lawsuit in U.S. history, in a long-standing dispute against retailer Wal-Mart Stores Inc. over alleged gender bias in pay and promotions.

The divided 6-5 ruling by the San Francisco-based 9th U.S. Circuit Court of Appeals on Monday allows the combined, multiparty litigation to move ahead to trial, where a decision against the company could result in billions in damages. The Arkansas chain of stores has the option of appealing Monday’s ruling to the U.S. Supreme Court for review.

Full Story at msnbc.com

SEATTLE – Microsoft says it will investigate reports of poor working conditions at a factory in southern China that makes some of its products.

A nonprofit that looks into the treatment of foreign workers by U.S. companies published a report Tuesday detailing long working hours, low pay, insufficient food and few freedoms for workers at the KYE Systems Corp. factory in Dongguan, China.

(Msnbc.com is a joint-venture of Microsoft and NBC Universal.)

Full Story At money.cnn.com

WASHINGTON (CNNMoney.com) — The top cop tracking the government’s $700 billion bailout program said Tuesday that he has opened 20 criminal investigations and six audits into whether tax dollars are being pilfered or wasted.

Neil Barofsky, the special inspector general overseeing the Troubled Asset Relief Program, released a 250-page report detailing a long list of concerns about government efforts to prop up hundreds of banks, Wall Street firms and auto companies.

Full Story At  CBS News

(CBS) As recently as 2007, a discreet office in the heart of London made a vast fortune for insurance giant AIG.

The man who ran it, 54-year-old American Joseph Cassano, and his team at AIG Financial Products were selling a financial instrument called credit default swaps.

In simplest terms, reports CBS News correspondent Elizabeth Palmer, Cassano and AIG Financial Services sold big banks and brokerage firms insurance against their investments dropping in value.

Now he — and those deals — are being blamed for AIG’s collapse.