Debt-ravaged Puerto Rico is in default after forking over only a fraction due in a bond payment, raising the prospect of further pain for the recession-plagued commonwealth and potential impacts on U.S.
A Pimco exchange-traded bond fund that once tracked the performance of a much larger fund formerly managed by the firm's co-founder, William H. Gross, may have violated federal securities laws.
Opponents of big game trophy hunters celebrated on Monday as two major airlines announced a ban on "big-game" shipments like lion, leopard, elephant, rhinoceros and buffalo.
LONDON: A trader who worked for UBS and Citigroup was jailed on Monday for 14 years by a London court after becoming the first person to be found guilty by a jury of rigging the benchmark Libor inter-bank lending rate.
Another bad day for the energy sector pulled down stocks on Monday. Energy stocks slumped as the price of oil dropped to its lowest in more than four months.