Business

Matthew Taylor, a former Goldman Sachs Group Inc. trader, was sentenced to serve nine months in prison and pay $118 million in restitution to his former employer after pleading guilty in April of wire fraud in pursuing an unauthorized $8.3 billion futures trade in 2007

Newsweek magazine, which ceased publication in late 2012, plans to start back up again in January or February, according to its editor-in-chief Jim Impoco

Shoppers throughout the U.S. took advantage of mega sales and discounts at all kinds of stores, as a record number of stores opened on Thanksgiving day. Black Friday, the day following the holiday is the biggest shopping day of the year in America.