Faces up to 57 months in prison after admitting in court that he betrayed his fiduciary duty to his employers by passing the tips to his friend.
The government has countersued NetJets Inc., owned by Warren Buffett's Berkshire Hathaway Inc., after the company filed suit over $642.7 in taxes, interest and penalties it says it doesn't owe.
Bank of America Corp. topped $10 in New York trading for the first time since August amid a rally that began after the firm passed the Federal Reserve stress test.
Some wealthier people “perceive greed as positive and beneficial,” experiments suggest
Several top Senate dems believe they're in a stronger position now than in 2010 to go after Bush-era tax cuts for top earners
Claims for jobless benefits dropped last week to match a four-year low and U.S. consumer confidence rose to the highest since 2008, signaling an improving labor market may boost household spending.
Debate continues over more than $30 billion in so-called tax extenders, such as the research and development tax credit and the ability for financial services companies to defer taxation on income earned outside the U.S.
The U.S. Securities and Exchange Commission, facing growing judicial scrutiny over how it resolves enforcement matters, was asked by a federal judge in Milwaukee to provide a “factual predicate” for a proposed settlement with a company accused of accounting fraud.
The SEC is preparing sanctions against Felix Investments LLC over trading of private-company shares, the first action to emerge from a broad investigation of transactions involving non-public startups.
Barney Frank, co-author of the Dodd-Frank financial reforms, will speak at a Goldman Sachs fixed-income sales event today
