- Citigroup Inc said it agreed to pay $7 billion to settle a U.S. government investigation into mortgage-backed securities the bank sold in the run-up to the 2008 financial crisis.
Recent Business News
NEW YORK - Smoking-related lawsuits against U.S. tobacco giants are leveling off, making it more likely that a merger between rivals Reynolds American Inc and Lorillard Inc will go through, analysts who follow the industry said.
FARNBOROUGH England - U.S. planemaker Boeing said its range of aircraft meant it was well-placed to compete in the latest stage of a long-haul battle against European rival Airbus , which earlier stole the limelight with a plan to revamp its A330 jet.
The weird movements in Cynk’s stock was first flagged by the finance blog Zero Hedge on Monday, and throughout the week went from a joke about the heights of the tech bubble in certain corners of the finance internet to a legitimate news story.