A Florida man can be charged with money laundering in a case involving the use of Bitcoins, a judge ruled, rejecting a defense claim that he did nothing illegal because the online currency isn’t money.
Cerberus Capital Management LP’s $9 billion deal to merge Safeway Inc. with Albertsons is a bet that a larger supermarket chain can better fend off an attack on the grocery business by big-box stores and online retailers.
U.S. President Barack Obama said the Education Department will lead an initiative to make sure that more high school students complete federal financial aid forms to help them find ways to pay for college.
Vintage Capital Management LLC, the investment firm waging a takeover fight for rent-to-own furniture chain Aaron’s Inc., said it would consider raising its $2.2 billion offer if the company engaged in talks.
Thousands of Credit Suisse Group AG’s U.S. clients still don’t know whether tax authorities will learn their identities as prosecutors work to conclude a three- year probe of how the bank helped them evade taxes.