Commodities

Standard Chartered to pay $1.1B for violating Iran sanctions

British financial services giant Standard Chartered Bank will pay $1.1 billion in fines to settle allegations by U.S. and British authorities that it attempted to evade U.S. sanctions imposed on Iran, Cuba, Burma and other nations.

Business Highlights

___ Huffman, 12 other parents to plead guilty in college scheme BOSTON (AP) — Actress Felicity Huffman has agreed to plead guilty in the college admissions cheating scandal.