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Updated: 41 min 34 sec ago

Citigroup Settles Subprime Mortgage Case For $7 Billion

Mon, 07/14/2014 - 11:34am

Citigroup has settled civil charges related to the marketing of mortgage-backed securities in the years leading up to the financial crisis. Some of the money will go toward mortgage relief.

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Sweet Deal? Chocolatier Lindt Buys Russell Stover

Mon, 07/14/2014 - 8:59am

The purchase would make the combined company the No. 3 chocolate maker in North America. The deal's value is estimated at around $1.5 billion.

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Citigroup Agrees To Settlement Over Risky Mortgages

Mon, 07/14/2014 - 6:58am

Citigroup will pay $4 billion to the Justice Department and spend $2.5 billion to help struggling homeowners modify their mortgages. And, talks are underway between the government and Bank of America.

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Citigroup Agrees To Pay $7B To Resolve Mortgage Investigation

Mon, 07/14/2014 - 6:40am

The deal frees Citi from potential liability for collateralized debt obligations as well as mortgage-backed securities issued, structured or underwritten by the company between 2003 and 2008.

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In The Future, Calorie Counting Could Be A Lot Easier

Mon, 07/14/2014 - 4:05am

Tracking the food you eat can be tedious. But a GE scientist is working on a device that goes over your plate, and tells you exactly what's in the food you're about to eat.

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China Indicts GlaxoSmithKline Investigators

Mon, 07/14/2014 - 4:05am

Prosecutors in Shanghai have charged a British detective and his American wife with illegally buying and selling personal information about Chinese citizens.

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Switzerland's Lindt To Buy Russell Stover Candies

Mon, 07/14/2014 - 2:55am

Swiss chocolate maker Lindt & Spruengli says it is buying U.S. manufacturer Russell Stover Candies, Inc., for an undisclosed sum. Lindt says it will become the No. 3 chocolate maker in North America.

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Saskawhat? A Novel Berry From Canada Takes Root On Michigan Farms

Mon, 07/14/2014 - 2:34am

Some rookie farmers in northern Michigan are growing saskatoon, an imported shrub from Canada that looks like blueberry. They're also experimenting with it in the kitchen — in jams and pies.

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How Banning One Question Could Help Ex-Offenders Land A Job

Mon, 07/14/2014 - 2:28am

Some say the box on job applications that asks, "Have you ever been convicted of a crime?" prevents ex-offenders from getting a fair shot. New laws prohibit firms from asking about a criminal record.

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China Indicts GlaxoSmithKline Team On Misuse Of Private Info

Mon, 07/14/2014 - 1:53am

Chinese authorities have indicted British and American investigators hired by GlaxoSmithKline on charges of illegally obtaining and selling private information, state media reported Monday.

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Congress' Latest Death Match Involves A Bank You've Never Heard Of

Sun, 07/13/2014 - 4:19am

The business lobby is pushing hard for the survival of the Export-Import Bank, which has supported U.S. exports for 80 years. Some House GOP leaders, though, think it's time to kill the bank.

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Congress' Latest Death Match Involves A Bank You've Never Heard Of

Sun, 07/13/2014 - 4:19am

The business lobby is pushing hard for the survival of the Export-Import Bank, which has supported U.S. exports for 80 years. Some House GOP leaders, though, think it's time to kill the bank.

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Tracy Morgan Sues Wal-Mart Over Truck-Limousine Crash

Sat, 07/12/2014 - 12:43pm

The comedian and television star of "Saturday Night Live" and "30 Rock" alleges negligence on the part of the retail giant, whose driver was exceeding the speed limit.

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Financial Scandals Tarnish Spanish Soccer Glory

Sat, 07/12/2014 - 7:08am

FC Barcelona — home to two of soccer's superstars, Messi and Neymar — has been indicted on tax fraud, a sign that the culture of impunity among Europe's top soccer clubs may be coming to an end.

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How Private Colleges Are Like Cheap Sushi

Sat, 07/12/2014 - 4:37am

Fifty percent off? That doesn't sound like such a good deal for sushi or a college degree. We ask some economists: Why not?

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Tech Week: Google's World Cup Play, Amazon Sued And Kids Tracked

Sat, 07/12/2014 - 4:36am

Also in this week's roundup, a tech company that may not exist, using sensors to keep your plants alive and what the debate over sandwich taxonomy teaches us about innovation.

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Spread Of Palm Oil Production Into Africa Threatens Great Apes

Fri, 07/11/2014 - 4:03pm

Palm oil growers are setting their sights on Africa as they amp up production. More than half of the land that's been set aside for plantations in Africa overlaps with ape habitats, researchers say.

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Newspaper Editor, Activist John Seigenthaler Dies At 86

Fri, 07/11/2014 - 3:38pm

He worked for The Tennessean and took leave to assist Robert F. Kennedy in the White House and during the senator's 1968 presidential campaign. He later helped shape USA Today.

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Declining Domestic Sales Speed Talks For Tobacco Mega-Merger

Fri, 07/11/2014 - 3:10pm

Tobacco companies Reynolds American and Lorillard have confirmed they're in talks about a merger. For Reynolds, the move would mean doubling down on the future of e-cigarettes.

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With Brazil Out Of The World Cup, Was The Price Tag Worth It?

Fri, 07/11/2014 - 11:18am

Host Michel Martin learns more about what's happening at the World Cup, both on and off the field, in the days leading up to the final match on Sunday.

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