Brazil's leftist President Dilma Rousseff placed first in Sunday's election but did not get enough votes to avoid a runoff and will face pro-business rival Aecio Neves, who made a dramatic late surge to finish a strong second.
The judge presiding over the Stockton, California, bankruptcy case said on Wednesday that he will wait until late October to make a final ruling over whether the city can exit bankruptcy.
The U.S. S&P 500 stock .SPX index broke through the landmark 2,000 level on Monday, marking a six year rally which has benefitted many Americans from Wall Street to Main Street.
Corporate malfeasance, embezzlement and insider trading are more like headaches for corporations when caught, rather than as epidemics, which ought to be stopped. The very definition of embezzlement is "the act of wrongfully appropriating funds that have been entrusted into your care but which are owned by someone else." In other words, embezzlement is an act where someone deliberately sabotages the trust of another person.
The brother of a jailed one-time billionaire hedge fund boss has pleaded not guilty to federal charges Monday after rushing from his Brazil home to the U.S. He recently learned that he was was embroiled in a massive insider trading prosecution. He pleaded not guilty.
