The financial services firm UBS has agreed to pay $230 million to New York state in a legal settlement stemming from the firm's handling of mortgage-based securities in the lead up to the 2008 financial crisis.
Marley Jay, Associated Press | Posted
Mar 21st - 11:16am
U.S. stocks are rising Wednesday as investors wait for news on interest rates from the Federal Reserve. The Fed is widely expected to raise rates, and investors will be watching closely for clues about how many more increases the central bank may make this year and also for the Fed's assessment of how the economy is doing.
Russell Contreras, Associated Press | Posted
Mar 21st - 11:08am
Dolores Huerta formed the first farmworkers union with Cesar Chavez, stood next to Sen. Robert Kennedy minutes before he was assassinated, inspired Barack Obama's 2008 "Yes We Can" presidential campaign slogan with her "Si, Se Puede" rallying cry and has continued her social activism as she approaches her 90th birthday.
Danica Kirka and Gregory Katz, Associated Press | Posted
Mar 21st - 11:00am
An academic who developed the app used by Cambridge Analytica to harvest data from millions of Facebook users said Wednesday he had no idea his work would be used in Donald Trump's 2016 presidential campaign and that he's being scapegoated in the fallout from the affair.
Sam Mednick, Associated Press | Posted
Mar 21st - 10:48am
The United States is targeting South Sudan's state-owned oil company, its oil and mining ministries and a dozen other oil-related entities in an attempt to stem the financial flow fuelling the country's civil war.
Tom Krisher, Associated Press | Posted
Mar 21st - 10:46am
Shareholders of electric car and solar panel maker Tesla Inc. have approved an ambitious pay package for iconic CEO Elon Musk that could net him more than $50 billion if he meets lofty milestones over the next decade, according to a person briefed on the vote.