NEW YORK: New York state's banking regulator hit Standard Chartered Bank with a $300 million fine and restrictions on its dollar-clearing business on Tuesday for not detecting possible money laundering.
Apple Inc.'s stock closed at a record high, surpassing a 2012 mark as investors look ahead to new products such as bigger-screen iPhones and a wristwatch-like device that may jump-start revenue growth.
Even after a big jump, shares are trading for less than their historical valuation. And they yield 2.3%. Email; Print; Comments; Order Reprints.
A framer works on the roof line of a new home under construction Tuesday at the William Lyon Homes site in the Pavilion Park development in Irvine.
THE COST of living in the US climbed in July at the slowest pace in five months, indicating price pressures remain limited even as the economy picks up.