Business

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Citibank Paying $425M in Fines to Settle U.S. Charges on Rates

FINANCE | May 27
Citibank will pay $425 million in fines to settle federal civil charges of attempting to manipulate key benchmarks used to set interest rates for investments in derivatives and U.S. Treasury bonds as well as a range of consumer loans.

Trump Uses Energy Speech to Outline General Election Pitch

CORPORATE | By Jill Colvin and Matthew Daly | May 27
Presumptive Republican presidential candidate Donald Trump unveiled an "America first" energy plan he said would unleash unfettered production of oil, coal, natural gas and other energy sources.

North Carolina Furniture Market Could Show Boycott Impact

FINANCE | By Emery P. Dalesio | May 27
Organizers of North Carolina's world-renowned furniture market are releasing attendance figures Friday that could be an important barometer of business reaction to the state's new law limiting protections for LGBT people.

Gay Billionaire is Unlikely Hulk Hogan Ally in Gawker Fight

LEGAL | By Tam | May 27
Former pro wrestler Hulk Hogan has an unlikely ally in his corner for his courtroom cage match with Gawker - a high-tech billionaire with a long-standing grudge against the news-and-gossip site.

Gawker May Be Looking to Sell After Losing Hulk Hogan Case

CORPORATE | By Tali Abrel | May 26
The embattled online media company Gawker Media has hired an investment banker to explore its options, including a possible sale.

Cuba to Legalize Small and Medium-Sized Private Businesses

CORPORATE | By Michael Weissenstein | May 26
Cuba announced Tuesday that it will legalize small- and medium-sized private businesses in a move that could significantly expand private enterprise in one of the world's last communist countries.

Americans Have Disparate Access to Retirement Plans

FINANCE | By Sarah Skidmore Sell | May 26
Americans who want to retire may face very unequal paths to get there depending on where they live.

Hawaii Could Be First to Put Gun Owners in Federal Database

LEGAL | By Marina Starleaf Riker | May 26
Hawaii could become the first state in the United States to enter gun owners into an FBI database that will automatically notify police if an island resident is arrested anywhere else in the country.

New Captain America Book Suggests He's A Member of Hydra

CORPORATE | By Jesse J. Holland | May 25
The new "Captain America: Steve Rogers" comic book hits stands Wednesday featuring the return of the original Captain America, Steve Rogers, but with a shocking twist.

Republicans Block Stricter Rules on Retirement Savings

LEGAL | By Andrew Taylor | May 25
Republicans controlling the Senate passed legislation Tuesday to block new Obama administration rules that require financial professionals to put their client's best interest first when giving advice on retirement investments.

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