A federal appeals court stopped just short of throwing out a judge's controversial rejection of the U.S. Securities and Exchange Commission's $285 million fraud settlement with Citigroup Inc over mortgage investments.
New York state lawmakers have agreed to legalize public casinos and will amend the state constitution to allow seven new casinos to operate, lawmakers said on Wednesday.
New York City will be paid more than $500 million by computer contractor SAIC in a fraud case related to the company's work for the city, officials said on Wednesday.
The Securities and Exchange Commission charged three former executives of Thornburg Mortgage with securities fraud on Tuesday and said they hid important information from investors at the onset of the financial crisis.
