Business

Kim Bok-soon disliked her nose and fantasized about getting it fixed after learning of the Korean superstition that an upturned nose makes it harder to hold on to riches.

Insurer American International Group will pay a $35 million penalty for violations related to former subsidiaries that solicited insurance business in New York without a license, the New York State Department of Financial Services said on Friday.

Fiat Chrysler Automobiles' Ferrari sports car brand has been fined $3.5 million for not filing "early warning reports" indicating safety issues with U.S. safety regulators, the National Highway Traffic Safety Administration said on Friday.