The Financial Conduct Authority in the UK has outlined its plans to investigate several potential market abuses, which include circumstances leading to the benchmark rate-rigging conspiracy between traders, Bloomberg said.
Mayor de Blasio revoked the city's offer for free classrooms to one of Harlem's most successful charter schools, arguing it would displace crucial programs for displaced students. The move made him at odds with Governor Andrew Cuomo and long-time political rival and the school's founder Eva Moskowitz
"Flash Boys" author Michael Lewis blasted professional traders in a "60 Minutes" interview, claiming that the lot uses high-speed, complicated tactics designed to dupe investors and are too slick to be deemed illegal by law.
Arizona lost 64-63 to Wisconsin on Saturday night, prompting angry Wildcat fans to take to the streets in Tuscon. There police said they shot pepper spray at several hundred of them who throwing beer bottles and firecrackers at officers. No tear gas was used as some had initially reported.
