government that it acquired in haley burton.ll have the lateest. ♪ david: this is "bloomberg markets." and looking at the biggest stories. the supreme court is turning wn appeals from wal-mart and was objecting to a judgment in favor of employees who are forced to work through lunch breaks. wells fargo is appealing a judgment for charging customers oo much in overdraft fees. the unit makes an experimental drug. it will pay $400 million and could receive another $800 million. and moody's is downgrading the debt and ongoing political stale mate in the new jersey state house and possible default within the next year. the measure to allow the state to take control of the city's finances. moody expects bond holders to lose because of the city's large structural deficit. and that is your business flash update. to the developing story, the u.s. is suing value act. justice department said it failed to notify the government when acquired stakes in halliburton and hughes. how unusual is this for the government to scrutinize the company in