Puerto Rico's debt crisis escalated as it suspended deposits into a fund that pays its general-obligation bonds and one of its agencies defaulted for the first time, jeopardizing the cash-strapped government's ability to raise money.
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.
Delta will no longer allow the freight shipment of lion, leopard, elephant, rhinoceros and buffalo hunting trophies, the airline said in a statement Monday.
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.