WASHINGTON (Reuters) - U.S. banks will no longer be able to make big trading bets with their own money after regulators finalized on Tuesday a rule shutting down what was a hugely profitable business for Wall Street before the credit crisis.
NEW YORK - Five years after Ponzi scheme mastermind Bernard Madoff's arrest, his claim that he alone was responsible for the more than $17.3 billion fraud is being demolished in the conspiracy trial of five former employees charged with helping him.
MasterCard Inc. (MA), the second-biggest bank-card network, said its board approved an 83 percent dividend increase and a 10-for-1 stock split.
Office Depot said Tuesday it has chosen Boca Raton, Fla. for its new headquarters over Naperville. Office Depot completed its merger with Naperville-based OfficeMax last month, but the pair hadn't yet announced where the combined company would be ...
The dollar gained versus the yen for a second day as Federal Reserve Bank of St. Louis President James Bullard said the odds of tapering bond purchases have risen along with gains in the labor market.