Apartment buildings in East Harlem, New York. Gov. Andrew M. Cuomo has signed a bill that will impose steep fines on Airbnb hosts who break local housing regulations.
British American Tobacco has offered to buy out Reynolds American Inc. for $47 billion in an attempt to gain a strong presence in the U.S.
SAN FRANCISCO - A Russian man accused of breaking into computer systems at three internet companies in 2012 has been indicted by a federal grand jury in Oakland, Calif.
NEW YORK - The latest on developments in global financial markets (all times local): 4:00 p.m.. Stocks are closing mostly lower on Wall Street, led by declines in phone companies, health care and energy stocks.
NEW YORK (CNNMoney) - The Wall Street Journal is seeking a "substantial number" of buyouts in an effort to "limit" layoffs, the newspaper's editor-in-chief Gerard Baker said Friday.