German hedge fund manager Florian Homm, who had been a fugitive for more than five years, was arrested in Italy on U.S. fraud charges, according to a statement from the U.S. attorney's office in Los Angeles.
We decided to focus on where is the common ground when negotiating the budget deal, says House Budget Committee Chairman Rep. Paul Ryan, (R-WI), discussing how he and Sen. Patty Murrary, (D-Wa), were able to reach a deal on the budget. This is a small but modest step in the right direction, Ryan says.
Thursday, 12 Dec 2013 | 4:19 AM ET
China Mobile has started taking pre-orders for Apple iPhone 5S, despite telling CNBC that negotiations are continuing and a deal has yet to be reached, reports CNBC's Eunice Yoon.
Wednesday, 11 Dec 2013 | 3:14 PM ET
CNBC's Scott Cohn looks back at the Bernie Madoff ponzi scheme and reports on the latest efforts to recoup the lost assets of his victims.