Norman Bay, the top sheriff of U.S. energy markets, has taken on giants, imposing more than $881 million in combined fines on Barclays Plc, JPMorgan Chase & Co. and Deutsche Bank AG over alleged price manipulation.
James R. Schlesinger, who served as U.S. secretary of defense under Presidents Richard Nixon and Gerald Ford before becoming the nation’s first energy chief in Jimmy Carter’s administration, has died. He was 85.
Ralph C. Wilson Jr., the last surviving founder of the American Football League and only original AFL owner who had kept his team, New York’s Buffalo Bills, in its originating city, has died. He was 95.
After Valeant Pharmaceuticals International Inc. bought Bausch & Lomb Inc. for $8.7 billion last year, Chief Executive Officer Mike Pearson discovered the budget for the eyecare company’s communications team was 13 times the size of his own.
Mayor Bill de Blasio’s vision of raising income taxes to pay for pre-kindergarten and after- school programs would generate $530 million a year. By revamping property taxes -- and taking on some of New York’s richest residents -- he could get eight times as much.
U.S. News & World Report’s law school rankings for 2015 are led by the usual schools, with one exception: Duke University’s School of Law broke into the top tier for the first time since 2010 by tying for 10th with University of Michigan in Ann Arbor.