Citigroup Settles Securities Lawsuit for $590M August 30, 2012 By Jonathan Stempel Citigroup Inc. agreed to pay $590 million to settle a shareholder lawsuit accusing it of hiding tens of billions of...
Isaac Heads North After Drenching U.S. Gulf, New Orleans August 30, 2012 By Ellen Wulfhorst and Scott Malone Tropical storm Isaac is expected to weaken further as it heads north on Thursday, after causing significant damage to the...
Hurricane Isaac Soaks Gulf Coast, Tests Levees August 29, 2012 By Kathy Finn and Scott Malone Hurricane Isaac drove water over the top of a levee on the outskirts of New Orleans on Wednesday, but the...
Hurricane Isaac Hits Fortified New Orleans on Katrina’s Anniversary August 29, 2012 Hurricane Isaac lashed southern Louisiana with high winds and heavy rains on Wednesday and was set for a late-morning arrival...
U.S. Regulators Angered By N.Y. Action Against StanChart August 8, 2012 By Carrick Mollenkamp, Emily Flitter and Karen Freifeld The U.S. Treasury Department and Federal Reserve were blindsided and angered by New York’s banking regulator’s decision to launch an...
U.S. Treasury to Raise $5B from AIG Stock Sale August 6, 2012 The U.S. Treasury Department said on Friday it expects to raise $5 billion from its sale of American International Group...
Monsanto Wins Patent Suit Against DuPont in Genetically Modified Seed Case August 2, 2012 By Carey Gillam Shares of Monsanto, the world’s largest seed company, rose on Thursday and DuPont shares fell after Monsanto won a $1...
Democrats, Republicans Offer Rival Views to Control Health Costs August 2, 2012 By David Morgan Democrats and Republicans agree that the next U.S. president will have to contend with rising healthcare costs that pose a...
Appeals Court Throws Out Kentucky Bank’s Investment Lawsuit June 21, 2012 A Kentucky-based bank that lost at least $14 million on mortgage-backed securities failed to read documents associated with the investment...
Kentucky Governor Promoting New Drug Law for Miners June 21, 2012 Kentucky Gov. Steve Beshear is promoting a newly passed law that permanently revokes the credentials of miners who fail drug...