Texas AG Ken Paxton's suit claims three asset managers broke antitrust laws by using stock holdings to pressure coal firms to cut output, though divestment could curb production.

Energy-producing states leading a lawsuit against three of the nation's largest investment firms alleging an "output reduction scheme" concerning their stakes in major coal companies.

The CEOs of the eight largest U.S. banks planned to push back on pending banking regulations as burdensome at Tuesday's hearing before the Senate Banking Committee.

State Street Corp agreed to pay a $115 million criminal penalty and enter a deferred prosecution agreement to resolve charges it defrauded customers by secretly overcharging them for expenses, the U.S. Department of Justice said on Thursday.