A French company has been hit with the largest ever U.S. criminal fine for foreign bribery, the U.S. Justice Department announced Monday.
William Erbey, the billionaire founder, chairman and largest stockholder of one of the nation's largest mortgage-servicing firms, will resign from several of his corporate posts to "address serious conflicts of interest," a New York regulator announced Monday.
FILE - This Aug. 9, 2011 file photo shows a Wall Street street sign near the New York Stock Exchange, in New York. U.S. stock indexes are opening mostly higher Monday, Dec. 22, 2014, as the market builds on its big gains from last week.
Struggling American Apparel, which fired controversial Chief Executive Dov Charney last week, said it was evaluating a proposed takeover and announced the appointment of a new head of the board, sending its shares up in early trade.
Russia's recent entry into a full-scale currency crisis conveniently coincided with my final exams, so I've been stuck playing catch up as (for the first time in living memory) Russia's economy was on the tip of everyone's tongue for the better part of two weeks.