China's central bank warned Thursday that Bitcoin carries substantial risks and issued new rules that prohibit financial institutions from dealing in the digital currency.
LONDON (Reuters) - European shares looked to be stabilizing after three days of sustained selling on Thursday, as focus turned to the European Central Bank's monthly meeting for any sign it is readying further support measures.
WASHINGTON - Three of the biggest U.S. lenders failed this year to meet some requirements for giving relief to struggling homeowners in a $25 billion settlement over foreclosure abuses, according to an official.
NEW YORK - Ponzi scheme mastermind Bernard Madoff dictated specific rates of return for his investment clients - and even decreed one should never be stuck with losses - according to trial testimony on Wednesday.
A few short hours after the piece hit the wire, Carl Icahn announced a large long position in Apple, sending shares soaring above $500 the following day.