Analysis: SAC’s Cohen shows no signs of retreat despite scandal

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Report: Jet hit unlisted pole in fatal Ga. crashComments Off

A federal report says a private plane hit an unlisted utility pole at an airport, then crashed last year, killing a Georgia vascular surgeon and four of his colleagues.

Yelp reports 2Q profitComments Off

Yelp Inc. (YELP) on Wednesday reported a second-quarter profit after posting a loss in the same period a year ago.

Connecticut’s debt maintains negative ratingComments Off

A ratings agency has maintained Connecticut’s debt rating as negative, saying the state’s budget relies on one-time fixes and calling the state’s economic recovery “slow and uneven.” The analysis by Fitch Ratings released Tuesday said the General Assem…

Ratings agency: Argentina in ‘selective default’Comments Off

Standard & Poor’s says some Argentine bonds are in ‘selective default’ in what could be the start of a wave of downgrades amid a standoff between the South American country and some creditors.

US judge slaps $1.3B fine on Bank of AmericaComments Off

A federal judge imposed a $1.3 billion civil penalty against Bank of America on Wednesday for its role in selling risky mortgages to Fannie Mae and Freddie Mac that were advertised as safe investments.

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