LUISS Guido Carli University

The House ethics panel charged Rep. Charles Rangel with 13 violations, soon after his lawyers and investigators struck a tentative deal.

Citigroup will pay $75 million to settle regulatory charges that it failed to disclose $40 billion in subprime exposure to investors in the second and third quarters of 2007.

India's Reliance ADA Group is in talks with Universal Studios, a unit of General Electric, to build a $1.5 billion integrated theme park and resort in India.

The SEC filed charges against two brothers, accusing them of reaping more than $550 million in undisclosed gains while sitting on corporate boards by trading stock in those companies through hidden entities in foreign jurisdictions.

A Google website indicated its search engine is largely unavailable to users in mainland China, though some users reported the web search was accessible from Beijing.

Cuomo launched a fraud investigation into the life-insurance industry for practices that allegedly denied families of deceased military personnel and others from collecting cash from their policies.

Intel won a key ruling in a suit against the company on behalf of computer buyers, which found no evidence that consumers have been hurt by the company's discounting practices in the market for computer chips.

CEO Ballmer said Microsoft needs to do better in the market for tablet computers that Apple has found success in with the iPad.

Sony swung to a net profit in the April-June quarter, and raised its earnings forecasts despite the yen's strength that could undermine its competitiveness overseas.

The U.S. Justice Department accused Oracle of defrauding the federal government on a software contract that involved more than $1 billion in sales.

The Dow industrials fell 30.72 points amid disappointing revenues from utilities and consumer companies. But blue chips remain on track for their best month since July 2009.

Motorola shipped 2.7 million smartphones and stabilized its long revenue decline, as the company's wager on Google-based phones began to pay off. Rival HTC also reported strong demand for Google smartphones.

House and Senate leaders, deadlocked over a comprehensive FAA bill including plans for air-traffic control improvements, have compromised on a slimmed-down measure to enhance airliner safety.

Forecasts of Toyota's results for July hint at how much damage the recalls have done and at how deep the company's troubles may run.

Arizona filed an appeal contesting a federal judge's order that put most of the state's immigration law on hold.

Two Texas Republicans want FDA Commissioner Peggy Hamburg to press Beijing on what Chinese health authorities did to track the contaminated heparin linked 81 deaths in the U.S. in 2008.

Exxon earnings jumped as the oil giant rebounded from the prior year's weak performance on higher commodities prices and improved refining margins.

The Fed's promise to keep its target interest rate near zero for an "extended period" could have the counterproductive effect of encouraging a Japan-like deflation trap, St. Louis Fed President Bullard said.

American ApparelI nc. shares plunged as much as 25% Thursday after the retailer said accounting firm Deloitte & Touche resigned as its auditor, the latest blow for the cash-strapped company.

Panasonic said it will spend up to $9.4 billion to buy all remaining shares in Sanyo Electric and Panasonic Electric Works.