Morgan Stanley on Thursday agreed to pay more than $3.2 billion to settle allegations by state and federal authorities that it downplayed the risk of mortgages it sold in the years before the financial crisis.
It looks like Myspace is becoming a big-media property once again. Today during its quarterly earnings report, Time Inc announced that it has acquired Viant, a profitable company that has built a large ad tech business, but also owns other properties, ...
NEW YORK Stock indexes worldwide tumbled on Thursday on fears over the health of the global economy, with banking shares slumping on both sides of the Atlantic, while safe-haven 10-year Treasury yields hit their lowest since 2012.
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An OPEC production cut is unlikely until U.S. production declines by about another million barrels per day. Oil markets reflect a psychological conflict among investors between reality and hope.