Bank of America Corp. and JPMorgan Chase & Co. , along with three other U.S. mortgage servicers, proposed paying $5 billion to settle a probe of their foreclosure practices by state and federal officials, two people familiar with the matter said.
The German fugitive hedge fund manager who more than five years ago fled the Spanish island of Mallorca with $500,000 hidden in his underwear and luggage faces U.S. charges after his arrest at the Uffizi Gallery in Florence.
Nakoula Basseley Nakoula, who made the trailer for the film “Innocence of Muslims” that sparked violent outbreaks in some Muslim countries, is being held without bond after being arrested for violating the terms of his supervised release.
Florian Homm, the founder of Cayman Islands-based Absolute Capital Management Holdings Ltd. who was arrested last year at the Uffizi Gallery in Florence, was released from jail in Italy, his lawyers said.
The man accused of going on a shooting rampage at Los Angeles International Airport on Nov. 1 that left a security officer dead and others wounded pleaded not guilty to murder and attempted murder charges.