SAC said it may not be able to provider investors with frequent updates regarding the government insider-trading probe but there will be "more clarity" soon.
CFTC Commissioner Bart Chilton told CNBC he believes his agency will be able to regulate the relationship between Bloomberg's trading business on its terminals and its news arm.
The head of Societe Generale's Russian unit Rosbank faced up to seven years in jail for bribery on Thursday after Russian investigators released a film of him with cash piled on his desk.
Lawyers for JPMorgan Chase have demanded that Bloomberg hand over five years' worth of employee logs, as the bank considers whether to take legal action against the news and data group, the FT reports.
President Obama said IRS conduct targeting conservative groups for extra tax scrutiny was "inexcusable" and that acting IRS Commissioner Steven Miller is out.
Bitcoin has come onto the radar of the UK government, with officials gathering in London on Monday to discuss the security threats and tax concerns posed by the digital currency. The FT reports.
The top Republican lawmaker in charge of oversight of the IRS set a hearing to probe the agency's admission that it gave extra scrutiny to conservative "Tea Party" groups.
Philip Falcone and his hedge fund Harbinger Capital have reached an agreement with the U.S. Securities and Exchange Commission that would require the firm to pay $18 million.
Bond insurer MBIA and Bank of America have reached a settlement in an ongoing legal dispute, and BofA will pay MBIA $1.6 billion, the companies said on Monday.
The Consumer Financial Protection Bureau expanded its probe into the car loan industry by issuing subpoenas to auto lenders over the sale of financial products like extended warranties, the WSJ reported.
The FDA has lowered the age limit for Plan B One-Step emergency contraceptive to 15. The pill will be available without a prescription and stocked on store shelves.
The iconic Empire State Building has been at the center of battles for control by larger-than-life figures. A new one is coming to a head. The NY Times reports.