News

A unit of Citigroup Inc must pay a $15 million fine for not adequately supervising communications among its equity research analysts, clients and the firm's sales and trading staff, Wall Street's industry funded regulator said on Monday.

New York City elected officials were meeting on Sunday to discuss community concerns following the shooting death of an unarmed man in Brooklyn by a police officer who said his weapon discharged accidentally, officials said.

Marion Barry, the scandal-plagued former mayor of Washington, D.C., who was jailed for smoking crack cocaine before making a surprising return to office, died early on Sunday aged 78.