Authorities have begun sweeping up some of the leftovers of disgraced financier Bernard Madoff's opulent Palm Beach lifestyle — including a mansion and vintage yacht — but it won't go far repaying investors defrauded of billions.
The governmnet says more states logged double-digit unemployment rates in February, with North Carolina and Rhode Island seeing their rates hit record highs.
The London Stock Exchange PLC halted trading for three and a half hours on Thursday because of a technical glitch that prevented some customers from connecting to its systems.
Affiliated Managers Group Inc. is buying the parent company of the Aston mutual fund family in an all-stock deal worth nearly $114 million.
A Chicago lawyer was sentenced to seven years in prison Thursday by a federal judge who said his excessive loyalty to Refco Inc. led him to help the big commodities brokerage carry out a $2.4 billion fraud.
