Citi pays $30 million fine to settle real-estate violations: regulator
Citibank has agreed to pay a $30 million fine to settle charges of repeated violations of real estate holding rules and for failing to meet its commitment to take corrective actions, the U.S. Office of the Comptroller of the Currency (OCC) said on Frid…
American Airlines says it is negotiating partnership with Brazil’s Gol
American Airlines Group Inc said on Friday it is negotiating a possible partnership with Brazil’s Gol Linhas Aereas Inteligentes SA .
FTC’s antitrust chief, who spearheaded tech task force, to step down
The Federal Trade Commission, which works with the Justice Department to enforce antitrust law, will lose the head of the Bureau of Competition next month, Chairman Joe Simons said in a statement on Friday.
Space firm founded by billionaire Paul Allen sold to new owner
Stratolaunch Systems Corp, the space company founded by late billionaire and Microsoft Corp co-founder Paul Allen, said on Friday it was continuing operations after transitioning ownership, but did not name the new owner.
U.S. optimistic on trade talks; China open to partial deal
President Donald Trump and other U.S. officials on Friday signaled good news was coming in trade talks with China, while Beijing indicated it was open to a “partial” deal that would avoid a planned hike in tariffs on its goods.
Digital assets subject to money-laundering, disclosure laws: U.S. regulators
Three U.S. financial regulators on Friday issued a warning to firms with registered digital assets that they have an obligation to follow securities laws prohibiting money laundering and requiring disclosure of suspicious activity.
Wind-driven Los Angeles wildfire leaves 1 dead, forces 100,000 to flee
A fierce, wind-driven wildfire swept through foothills and canyons along the northern edge of Los Angeles on Friday, engulfing homes, closing roads and engulfing acre upon acre of dry brush and chaparral as 100,000 residents were forced to flee.
FAA must ramp up staffing to oversee airplane certification after 737 MAX: panel
The U.S. Federal Aviation Administration had insufficient personnel to oversee the certification of new Boeing airplanes and should make significant reforms in how it approves new aircraft, an international aviation panel said Friday.
Renault ousts CEO in drive to reboot Nissan alliance
Renault ousted chief executive Thierry Bollore on Friday, as the French carmaker and its Japanese partner Nissan seek to rekindle their alliance following the scandal-hit tenure of former alliance supremo Carlos Ghosn.
U.S. bank regulator charges Citi $30 million for real estate violations
The U.S. Office of the Comptroller of the Currency (OCC) said on Friday that it had fined Citibank $30 million for real estate violations.
