The Federal Reserve took emergency action Sunday and slashed its benchmark interest rate by a full percentage point to nearly zero to try to offset the impact of the coronavirus outbreak.
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The Securities and Exchange Commission is charging Volkswagen and former CEO Martin Winterkorn with defrauding American investors during an emissions scandal.
Tesla falls 12 percent as regulators seek to oust Elon Musk as CEO. AP source says Musk rejected settlement with feds.
Tesla and its board of directors are indicating their support for CEO Elon Musk, who federal regulators are seeking to oust over allegations he committed securities fraud.
A former registered broker was sentenced in federal court on Thursday to 44 months in prison for a fraudulent market manipulation scheme.
The self-promoting "Pharma Bro" vilified for jacking up the price of a lifesaving drug has been sentenced to prison for securities fraud.
Martin Shkreli, the pharmaceutical executive arrested Thursday on charges of securities fraud, has resigned as the head of one of the companies he runs, Turing Pharmaceuticals.
New U.S. rules aimed at getting banks to take on more of the risk when they package and sell mortgage securities are being relaxed with an eye to spurring broader home lending.
Officials familiar with the deal say Bank of America has reached a record $17 billion settlement with federal and state authorities over its role in the sale of mortgage-backed securities in the run-up to the 2008 financial crisis.