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1 HOUR AGO - St. Louis Post-Dispatch

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F-Squared paying $35M to settle SEC charges on advertising

WASHINGTON (AP) — Investment firm F-Squared will pay $35 million and admit wrongdoing to settle federal regulators' charges that it defrauding investors with false advertising claims about fin…

Tags: F-Squared paying $35M to settle SEC charges on advertising,  Advertising Latest News

2 HOURS AGO - ABC News

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1 HOUR AGO - Business Insider

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BMW Expands Takata Air Bag Recall To Nationwide U.S.

DETROIT (Reuters) - BMW on Monday said it has expanded a U.S. regional recall for certain vehicles with driver-side air bag inflators made by Takata Corp to cover the entire country, following the lead of four rivals that have taken similar steps.The National Highway Traffic Safety Administration has urged the carmakers to broaden the recall beyond a limited area with ...

Tags: BMW Expands Takata Air Bag Recall To Nationwide U.S.,  Safety Latest News

1 HOUR AGO - Yahoo! News

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1 HOUR AGO - Business Insider

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Madoff Victims' Payout Nearing $7.2 Billion: Trustee

By Joseph AxNEW YORK (Reuters) - Victims of Bernard Madoff's massive Ponzi scheme will get afresh $322 million payout if a U.S. judge approves the request by the trustee liquidating the convicted fraudster's firm, bringing the recovery total to more than $7 billion.The trustee, Irving Picard, said on Monday he would seek permission from a U.S. bankruptcy judge in New ...

Tags: Madoff Victims' Payout Nearing $7.2 Billion: Trustee,  Bernard Madoff Latest News

1 HOUR AGO - Business Insider

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How The Founder And CEO Of American Apparel Went From Mega-Mogul To Sleeping On Friend's Couch (APP)

American Apparel founder Dov Charney has gone from running a company worth more than $200 million to sleeping on a friend's couch within the past six months. Charney, who was officially terminated from his consulting role at American Apparel last week, told Trish Regan at Bloomberg TV that he is down to his last $100,000. American Apparel paid Charney an annual salary of $800,000 ...

Tags: How The Founder And CEO Of American Apparel Went From Mega-Mogul To Sleeping On Friend's Couch (APP),  American Apparel Latest News

3 HOURS AGO - MarketWatch

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9 HOURS AGO - MarketWatch

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American Apparel received interest to acquire the company

NEW YORK (MarketWatch) -- American Apparel Inc.'s stock rallied 7.5% in premarket trade Monday, after the apparel company said it has received an "indication of interest" to acquire the company for $1.30 to $1.40 a share. That represents a premium of 21% to 31% to Friday's closing price of $1.07. "The board [of directors] takes these matters seriously, and it ...

Tags: American Apparel received interest to acquire the company,  American Apparel Latest News

3 HOURS AGO - MarketWatch

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Rep. Grimm to plead guilty to tax evasion: report

WASHINGTON (MarketWatch) -- Rep. Michael Grimm will plead guilty on Tuesday to a felony count of tax evasion, according to a report in the New York Daily News. Grimm, a New York Republican, will enter the plea in a federal court in Brooklyn, the report said. In April, Grimm was charged in a 20-count indictment with hiding more than $1 ...

Tags: Rep. Grimm to plead guilty to tax evasion: report,  Michael Grimm Latest News

3 HOURS AGO - Huffington Post

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Congressman Michael Grimm To Plead Guilty To Tax Evasion: Report

Rep. Michael Grimm (R-N.Y.) will plead guilty Tuesday to a felony charge of cheating on his taxes at a Manhattan restaurant he co-owned before he was elected to Congress, the New York Daily News reported Monday. In April, a 20-count federal indictment accused Grimm of hiring undocumented immigrants and hiding more than $1 million in sales and wages at his ...

Tags: Congressman Michael Grimm To Plead Guilty To Tax Evasion: Report,  Michael Grimm Latest News