Bond giant Pacific Investment Management Co. said Monday that it could be sued by the country's top securities regulator over how it valued assets in one of its most popular funds aimed at small investors.
Ex-trader Tom Hayes was sentenced to 14 years in jail by a London court Monday after being found guilty of conspiring to rig Libor benchmark interest rates following a seven-year global investigation.
Delta Airlines will no longer allow certain big game trophies to be hauled on its planes. The announcement Monday followed protests over the slaughter of an African lion named Cecil.
Sprint Corp. S -0.89 % said Chief Financial Officer Joe Euteneuer will leave the company after a transition period and named Tarek Robbiati CFO.
Kraft Heinz Co. is voluntarily recalling about 36,000 cases of cheese slices after consumers reported choking on the packaging film.