RBS agrees $1 billion payout over 2008 fundraising case

Royal Bank of Scotland has reached a settlement with the majority of shareholder groups over allegations it misled them during a fundraising at the height of the financial crisis, but still has to strike a deal with thousands of smaller retail investors.

California Fire Death Toll Rises

A grim search for victims of a devastating fire that ripped through a converted warehouse in Oakland, California during a dance party entered a third day on Monday, with the list of 33 known deaths expected to grow.