A top official for the Financial Industry Regulatory Authority resigned after the agency was informed he was indicted for felony theft and charitable bingo fraud in 1993, the year he joined the agency.
Iron Mountain Inc. and Equinix Inc., two technology companies planning to convert to real estate investment trusts, plunged after saying that the U.S. Internal Revenue Service is scrutinizing their eligibility.
Activists complain that U.S. President Barack Obama, who welcomes Myanmar’s President Thein Sein to the White House this week, is embracing the former general too soon, before he’s proved his reformist bona fides. In fact, Obama is late to the party.
The law that ended furloughs of U.S. air-traffic controllers covers most of the cost largely by taking about $250 million from airport construction-project funding this fiscal year, according to trade groups.
Exxon Mobil Corp .’s refinery in Baton Rouge, Louisiana, is performing maintenance on a fluid catalytic cracker and associated units that will last several weeks, Kevin Allexon , a company spokesman, said in an e-mail.