Gulf Times - settlement
Moody's reaches $864mn settlement over subprime ratings

Moody's reaches $864mn settlement over subprime ratings

Ratings agency Moody's has agreed to pay nearly $864 million in a settlement with the US authorities over its inflated ratings of risky mortgage securities that contributed to prompting the 2008 global financial crisis ...

Israel tightens security near Hebron, angering Palestinians

Israel tightens security near Hebron, angering Palestinians

Israel has ramped up security in the occupied West Bank since a Palestinian killed a 13-year-old Jewish girl in a settlement last week, deploying more troops and setting up checkpoints near the city of Hebron.

Visa, MasterCard antitrust settlement with merchants is voided

Visa, MasterCard antitrust settlement with merchants is voided

A federal appeals court on Thursday threw out a $7.25 billion antitrust settlement among Visa Inc, MasterCard Inc and millions of retailers over credit card fees.