U.K. July Manufacturing Shrinks Most in a Year After Brexit Vote

U.K. manufacturers cut production at the fastest pace in a year in July as Brexit trauma rocked the British economy but surveys suggest the downturn proved short-lived. Output fell 0.9 percent from June, far exceeding the 0.3 percent decline forecast in a Bloomberg survey, Office for National Statistics data published Wednesday show.

US said to weigh HSBC charge that could upend 2012 settlement

US prosecutors are considering a criminal charge against a unit of HSBC Holdings Plc related to conduct on its foreign-exchange desk, according to two people familiar with the matter, imperiling an earlier deal that let the bank avoid prosecution. [NEW YORK] US prosecutors are considering a criminal charge against a unit of HSBC Holdings Plc related to conduct on its foreign-exchange desk, according to two people familiar with the matter, imperiling an earlier deal that let the bank avoid prosecution.

Goldman Sachs Bans Partners From Giving to Certain Campaigns

Goldman Sachs Group Inc. banned all of its partners from making campaign contributions to state and local candidates running for office, as well as state or local officials running for federal office. As of Sept.

Donald Trump campaign hires Citizens United president

Donald Trump's new deputy campaign manager is the longtime president of Citizen United - the conservative non-profit infamously known for helping to scale back regulations on political spending and OKing unlimited buys for corporations. "A friend of mine for many years," Trump told the Washington Post .

It Takes a Ruling-Class Village to Staff the White House

Lloyd Blankfein, left, Chairman and CEO of Goldman Sachs, is greeted by former Secretary of State Hillary Rodham Clinton for a panel discussion entitled "Equality for Girls and Women: 2034 Instead of 2134?" at the Clinton Global Initiative on Sept. 24, 2014 in New York.

Klobuchar denounces sharp price hikes for EpiPen injectors

U.S. Sen. Amy Klobuchar speaks about price hikes for EpiPens, the emergency drug injectors for severe allergic reactions, at Children's Hospital on Wednesday, Aug. 24, 2016, in Minneapolis. Klobuchar, a Minnesota Democrat who has worked to contain prescription drug price increases and whose 21-year-old daughter carries an EpiPen because of severe nut allergies, is one of several members of Congress demanding more information on why EpiPen prices have soared less U.S. Sen. Amy Klobuchar speaks about price hikes for EpiPens, the emergency drug injectors for severe allergic reactions, at Children's Hospital on Wednesday, Aug. 24, 2016, in Minneapolis.

U.S. Appeals Court Rejects Request to Reconsider Bank of America Ruling

A U.S. appeals court refused on Monday to reconsider its decision to overturn a $1.27 billion penalty against Bank of America Corp and a jury verdict finding it liable for mortgage fraud leading up to the 2008 financial crisis. The 2nd U.S. Circuit Court of Appeals in New York rejected a petition by Manhattan U.S. Attorney Preet Bharara's office to have a three-judge panel rehear the case and give the government at least an opportunity to seek a new trial.

Science Applications International Corp. (NYSE:SAIC) Receives $66.00…

Shares of Science Applications International Corp. have been given an average recommendation of "Buy" by the eight research firms that are currently covering the stock. Two equities research analysts have rated the stock with a hold rating and six have given a buy rating to the company.

Rajat Gupta’s plea to overturn conviction must be rejected: prosecutors

India-born former Goldman Sachs director Rajat Gupta's latest bid to have his insider-trading conviction overturned should be rejected, prosecutors have told an appeals court here, asserting that he got a fair trial and the jury convicted him for his "criminal" conduct. In a lengthy brief filed before the US Court of Appeals for the Second Circuit this month, US Attorney for the Southern District of New York Preet Bharara said Gupta's conduct of repeatedly tipping his business partner Raj Rajaratnam with material non-public information in "ways that furthered Gupta and Rajaratnam's shared financial interests" remains "criminal" and he is "not actually innocent".

Trump’s empire: a maze of debts and opaque ties

On the campaign trail, Donald Trump, the Republican presidential nominee, has sold himself as a businessman who has made billions of dollars and is beholden to no one. But an investigation into the financial maze of Trump's real estate holdings in the United States reveals that companies he owns have at least $650 million in debt - twice the amount than can be gleaned from public filings he has made as part of his bid for the White House.

Who Are the Most Successful Harvard Law Graduates?

Harvard Law has topped numerous Best Of lists, and now Business Insider has created a new ranking-of the most famously successful Harvard Law alumni. From the President of the United States to the CEO of Goldman Sachs, Business Insider thinks these 14 alums are the cream of the crop.

Prosecutors ask appeals panel to rehear BofA case

New York a A federal appeals panel should reconsider its reversal of a fraud verdict against Bank of America Corp. and $1.2 billion penalty resulting from the bank's actions during the 2008 financial crisis, prosecutors say. Prosecutors filed papers with the 2nd U.S. Circuit Court of Appeals in Manhattan late Thursday, saying that a three-judge appeals panel overlooked "a wealth of evidence" that the Charlotte, North Carolina-based bank sold thousands of toxic mortgage loans while misrepresenting them as investment quality.

Dogs, Ponies, Rats, Unicorns & Rhinos

The top executives of the five biggest oil companies were on the hot seat yesterday, testifying at the Senate Committee on Finance for a contentious hearing entitled Oil & Gas Tax Incentives & Rising Energy Prices . ExxonMobil CEO Rex Tillerson, ConocoPhillips CEO Jim Mulva, Shell Oil Co.

UPDATE 1-Citigroup beats $800 mln appeal by one-time billionaire

Aug 5 A federal appeals court rejected a one-time Florida billionaire's bid to revive his $800 million lawsuit accusing Citigroup Inc of fraudulently hiding its exposure to subprime and other toxic mortgages, inducing him to hold on to shares he otherwise would have sold. The 2nd U.S. Circuit Court of Appeals in Manhattan on Friday said Citigroup and former officials, including two chief executives Charles Prince and Vikram Pandit, were not liable to trusts and corporate entities overseen by Arthur Williams and his wife.

Ohio university to get North American’s first Pizza ATM

Two years after a white policeman fatally shot a 22-year-old black man in an Ohio Wal-Mart who was carrying an air rifle that he had picked up from a store shelf, the U.S. Department of Justice has yet to conclude... Two years after a white policeman fatally shot a 22-year-old black man in an Ohio Wal-Mart who was carrying an air rifle that he had picked up from a store shelf, the U.S. Department of Justice has yet to conclude its... Investigators are trying to determine what caused a house to explode in Connecticut, injuring seven people, including four children, and sending debris flying.