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.
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.
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.
... * June consumer spending logs smallest gain in four months. * Oil prices hit six-month low. * Apple shares weigh on Nasdaq, S&P.
Delta will no longer allow the freight shipment of lion, leopard, elephant, rhinoceros and buffalo hunting trophies, the airline said in a statement Monday.