Business and Financial

Jan 18, 2017

Samarco Mineração S.A. (Samarco) and its shareholders, Vale S.A. (Vale) and BHP Billiton Brasil Ltda (BHP Billiton Brasil) have entered into a preliminary agreement with the Federal Prosecutors’ Office in Brazil (Federal Prosecutors) in relation to the Fundão tailings dam…

Jan 11, 2017

Broker ITG has agreed to pay more than $24.4 million to settle charges that it violated federal securities laws when it prompted the issuance of American Depository Receipts (ADRs) without possessing the underlying foreign shares. ADRs are U.S. securities that…

Jan 11, 2017

The Securities and Exchange Commission has announced its Office of Compliance Inspections and Examinations’ (OCIE) 2017 priorities. Areas of focus include electronic investment advice, money market funds, and financial exploitation of senior investors. The priorities also reflect a continuing focus…

Jan 28, 2016

WASHINGTON (AFNS) -- The Boeing Company was awarded a contract Jan. 29 for risk reduction activities for the Presidential Aircraft Recapitalization program, which will field the next Air Force One. This is the first contract the Air Force has awarded…

Jan 27, 2016

Washington D.C. — A Manhattan-based investment advisory firm and its Toronto-based hedge fund manager have agreed to settle charges that they misled investors about a fund’s investment strategy and historical performance. They will reimburse investors $2.877 million in losses. According…

Jan 27, 2016

Medical devices such as the infusion pumps that deliver medication intravenously were once standalone instruments that interacted only with the patient. Today, they have operating systems and communications hardware that allow them to connect to other devices and networks. While…