Government And Institutions

The U.S. Securities and Exchange Commission said Microsoft will pay about $16.6 million to settle charges that it violated the Foreign Corrupt Practices Act. While the case centered on Hungary.

The settlement, which includes a roughly $5 billion fine and other requirements of Facebook, would conclude a lengthy probe into whether the firm kept its promises around protecting user data.

The firm is not required to plead guilty, but executives could be charged in the future.

Stories moving the markets and shaking up the world.

The deal could be announced as early as Monday. 

Eugene Scalia is President Trump’s pick for the next secretary of labor after Alexander Acosta resigned last week, the president tweeted Thursday.

Stories moving the markets and shaking up the world.

While he doesn’t control monetary policy, the least the president can do is prevent the Fed from running the private marketplace amuck by disobeying orders from Congress, the very body that created it in the first place. 

While it is too late to reverse the errors that led to the current situation, it is not too late to fix the F-35’s problems. 

President Trump announced late Thursday he would nominate Eugene Scalia to be the next Secretary of Labor.

The Mexican drug kingpin was sentenced to life in prison this week.

Mnuchin's comments come after two days of bruising hearings on Capitol Hill.

As representatives of the credit union and banking industries, we aren’t focused on the legalization debate. We need a solution now for what to do with the money.

Not only are businesses less likely to even start in a state with high licensing costs, but when they do, they stay smaller than they would otherwise be.

The FAA says it has informed Boeing to correct the irregularities found in the Boeing 737 Max jet.

The IRS says it has made “major progress” against identity theft in tax returns, but evolving tactics still threaten taxpayers’ sensitive data.

The carrier has extended the potential for flight cancellations from the Max grounding until Nov. 3.

A bill designed to boost the legal age to buy tobacco and e-cigarette products in New York state was signed by Gov. Andrew Cuomo on Tuesday.

President Trump and Fed Chairman Jerome Powell are among those officials that have concerns over the digital currency.

Google’s working relationship with China raises many national security questions says Thiel.