UBS to pay $1.4 billion for selling toxic mortgages prior to the Great Recession
The Justice Department announced on Monday that UBS has agreed to pay $1.4 billion in penalties for allegedly defrauding investors by selling mortgage-backed securities that blew up during the Great Recession.
1970-01-01 08:00
Taiwan vice president is 'troublemaker', says Beijing
William Lai's stopovers in New York and San Francisco on his way to Paraguay have riled China.
1970-01-01 08:00
Utah school district to pay $2 million to family of bullied student who died by suicide
A school district in Farmington, Utah, announced this week it will pay $2 million to the family of Isabella "Izzy" Tichenor, a Black and autistic student who died by suicide in 2021.
1970-01-01 08:00
Archdiocese of Philadelphia agrees to pay $3.5 million to settle sexual assault case, plaintiff's attorneys say
The Archdiocese of Philadelphia has agreed to pay $3.5 million to settle a case alleging one of its priests sexually assaulted a 14-year-old boy nearly 20 years ago, according to the plaintiff's lawyers.
1970-01-01 08:00
Colombian conglomerate Grupo Aval, subsidiary settle charges of violating US law
By Kanishka Singh WASHINGTON Colombian conglomerate Grupo Aval and its bank subsidiary will pay over $80 million to
1970-01-01 08:00
Tutoring firm settles US agency's first bias lawsuit involving AI software
By Daniel Wiessner A China-based tutoring company has agreed to settle a U.S. government agency's novel lawsuit claiming
1970-01-01 08:00
Supreme Court blocks $6 billion Purdue Pharma opioid settlement and will hear case this fall
The Supreme Court on Thursday blocked Purdue Pharma from going forward with bankruptcy proceedings, which the Biden administration has called an "unprecedented" arrangement that would ultimately offer the Sackler family broad protection from opioid-related civil claims.
1970-01-01 08:00
Biden asks Congress for $24 billion in more Ukraine assistance
President Joe Biden is asking Congress for more than $24 billion for Ukraine and other international needs as he works to sustain support for the war amid signs of softening support among Americans.
1970-01-01 08:00
British Museum agrees to pay translator whose work it used without permission
A translator whose work was used by the British Museum without her permission won a victory this week after reaching a settlement with the institution, following two months of negotiations and online campaigning -- with a little help from the fans of K-pop superstars BTS.
1970-01-01 08:00
Riley Keough comments on 'complicated' family situation after reaching settlement with Priscilla Presley
Riley Keough has opened up about some of the most private aspects of her life.
1970-01-01 08:00
Texas A&M reaches $1 million settlement with journalism professor over hiring controversy
Texas A&M University reached a $1 million settlement with a Black journalism professor who said her tenured position offer fell apart after backlash to her work on diversity and equity efforts, the university announced Thursday.
1970-01-01 08:00
Family of Lashawn Thompson, who died in a Georgia jail, reaches $4 million settlement with county
The family of Lashawn Thompson, who died in September while incarcerated at the Fulton County Jail in Atlanta, has reached a $4 million settlement with the county, said Preston Thompson, chief of staff for Fulton County Commissioner Dana Barrett.
1970-01-01 08:00