Ford Motor Co. Chief Executive Officer Alan Mulally said he intends to stay as head of the second-biggest U.S. carmaker through next year, following reports that Microsoft Corp. may seek to recruit him.
A U.S. judge said she wasn’t ready to approve Citigroup Inc. ’s $75 million settlement with federal securities regulators over claims the bank misled investors by failing to disclose $40 billion in subprime-related holdings.
Citigroup Inc. failed yesterday to win a judge’s approval to pay $75 million to settle with the U.S. Securities and Exchange Commission over claims the bank misled investors by understating subprime-related holdings.
The Obama administration’s decision to interrogate the Boston Marathon bombing suspect without first warning him of his rights has sparked criticism from both sides of the political spectrum about the best way to prosecute terrorism cases.
House Speaker John Boehner is accusing the White House of deciding to “conceal” a Justice Department opinion that contradicts President Barack Obama’s argument that the U.S. mission in Libya doesn’t need congressional authorization to continue.
Mohammad Safi, a graduate of a medical school in Afghanistan, began working as a psychiatrist at a California mental hospital in 2006, making $90,682 in his first six months. Last year, he took home $822,302, all of it paid by taxpayers.