New York Yankees third baseman Alex Rodriguez dropped a lawsuit challenging his full-season suspension for using performance-enhancing drugs, signaling his possible acceptance of the punishment as his team prepares to begin spring training next week.
Paula Ramada, who has a doctorate in economics from the Massachusetts Institute of Technology, says she can calculate how much investors lost from banks’ alleged rigging of benchmark interest rates. Now all she needs is funding, a team of analysts and weeks to run the numbers.
The capture and charging of suspected Boston Marathon bomber Dzhokhar Tsarnaev shifts attention from the manhunt to the prosecution by U.S. Attorney Carmen Ortiz in one of the biggest terrorism cases since the trial of Oklahoma City bomber Timothy McVeigh two decades ago.
JPMorgan Chase & Co.’s claim that it found possible employee intent to misprice trades in a unit that lost $5.8 billion may put distance between management and any wrongdoers while providing a road map for U.S. investigators.