California attorney Michael Avenatti, known for representing porn actress Stormy Daniels in a lawsuit against U.S. President Donald Trump, was more than $15 million in debt when he allegedly tried to extort as much as $25 million from Nike Inc , U.S. prosecutors claimed.
The U.S. Financial Industry Regulatory Authority (FINRA) and major exchanges have fined Credit Suisse's U.S.-based securities business $6.5 million for supervisory failings, FINRA said late on Monday.
China's November soybean purchases from the United States surged from a year earlier, data showed on Wednesday, as cargoes booked by importers with tariff-free quotas cleared customs.
Chile's finance minister has sought to downplay a row between the government and the construction and engineering arm of South Korean giant Hyundai over a $740 million suspension bridge, saying disputes in such mega projects were "quite common."
Gold surged past $1,500 an ounce and a gauge of global equity markets hovered near record highs on Tuesday in a year-end rally spurred by hopes of a U.S.-Sino Phase 1 trade deal and as China's latest policy easing pledge added to investor optimism.
Beleaguered Boeing Co is putting its future in the hands of a turnaround veteran who has led several companies in crisis, cut his teeth at engine maker General Electric Co and has spent a decade on the board of the world's largest planemaker.
The S&P 500 and the Dow industrials slipped in a shortened, pre-Christmas session on Tuesday, as investors paused after a record-setting rally fueled by improving U.S.-China trade relations that has put the market on course for its best year since 2013.
Boeing Co documents now under review by a U.S. government committee appear to point to a "very disturbing" picture of commentary from the planemaker's employees over the grounded 737 MAX aircraft, a House of Representatives transportation infrastructure committee aide said on Tuesday.
Gold surged past $1,500 an ounce and a gauge of global equity markets hovered near record highs on Tuesday in a year-end rally spurred by hopes of a U.S.-Sino Phase 1 trade deal and as China's latest policy easing pledge added to investor optimism.
California is amending rules around pricing offered to "affinity groups" so auto insurers can't charge more to people of color and lower-income drivers.
Travis Kalanick, the pugnacious co-founder of Uber, has severed his last ties with the ride-services company, resigning from the board and selling all his shares as he turns his focus to a new venture creating "ghost kitchens" for food delivery services.
Wall Street hovered near record highs on Tuesday ahead of Christmas break as investors paused after a rally that was fueled by improving U.S.-China trade relations and optimism about the health of the domestic economy.
"It has a chance to be an interesting investment," Wall Street veteran Byron Wien told CNBC on Tuesday.
Uber Technologies Inc's co-founder and former CEO Travis Kalanick will resign from its board of directors by the end of the year, the company said on Tuesday.
If a retailer tries to lure you to apply for a store credit card touting "0% interest" or "special financing," beware. That offer could come with a very expensive expiration date. And you may be able to find a better deal.