Business Highlights

___ Facebook's Zuckerberg admits mistakes, outlines fixes NEW YORK (AP) — Facebook CEO Mark Zuckerberg is admitting mistakes and outlining steps to protect user data in light of privacy scandal involving a Trump-connected data-mining firm.

Arsenic in groundwater? Virginia coal ash case before court

Virginia's largest electric utility asked a federal appeals court Wednesday to overturn a judge's ruling that the company is violating federal law by discharging arsenic through groundwater into surrounding waters from a coal ash storage site.

Text of the Fed's statement after its meeting Wednesday

Below is the statement the Fed released Wednesday after its policy meeting ended: Information received since the Federal Open Market Committee met in January indicates that the labor market has continued to strengthen and that economic activity has been rising at a moderate rate.

UBS to pay $230M for risky mortgage-backed securities

The financial services company UBS has agreed to a $230 million legal settlement with the state of New York stemming from the firm's handling of mortgage-based securities in the lead up to the 2008 financial crisis.