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.
(Adds final auto sales figures, paragraphs 2-4). By Bernie Woodall. DETROIT Aug 3 (Reuters) - U.S. auto sales were stronger than expected in July and kept the industry on pace for its best performance since the turn of the century as cheaper gasoline ...
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.
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.