Shares in Steinhoff International plummeted by as much as 68% in Frankfurt after its CEO resigned and the company said it was investigating accounting irregularities.
Most of the Saudi princes and officials detained in a corruption crackdown last month are ready to hand over cash and assets in exchange for charges being dropped, according to the government.
Prominent Silicon Valley investor and entrepreneur Shervin Pishevar is distancing himself from his venture capital firm and startup to pursue a defamation lawsuit.
In 2009, Sam Seder told a vulgar joke on Twitter that would eventually cost him a job he didn't yet have -- and make him a target of a movement that didn't yet exist.
A coalition of senators shut out 34 proposed changes to a bill aimed at loosening Dodd-Frank financial regulations imposed on small and regional lenders after the financial crisis.
Aetna CEO Mark Bertolini will lose his job if the deal to sell the company to CVS Health closes, but he'll leave the company with about $500 million in stock and cash to soften the blow.