Sandwich chain Quiznos filed for Chapter 11 bankruptcy protection Friday, after reaching a deal to cut its debt by more than $400 million, or about two-thirds.
The Federal Deposit Insurance Corp. is suing many of the world's largest banks for their role in manipulating a global interest rate benchmark, alleging their actions played a role in the failure of more than three dozen U.S.
Consumer confidence in the U.S. unexpectedly dropped in March to a four-month low, indicating household spending may be slow to pick up from a weather-related setback earlier this year.
U.S. stocks slumped Friday, looking to cap their biggest weekly loss since late January, as disappointing domestic economic data continued political turmoil in Ukraine kept buyers sidelined.
A mild mannered accountant from Cincinnati, Ohio, is taking on Warren Buffett in a showdown over whether the veteran investor's company, Berkshire Hathaway, should finally start paying a dividend.