WASHINGTON (Reuters) – Charles Prince and Robert Rubin, who led Citigroup (C.N) in the run-up to the 2008 banking crisis, voiced regrets on Thursday but accepted no responsibility for mega-bank’s massive losses. The two came under heavy fire before a congressional panel hearing for being blind to...

ATLANTIC CITY, N.J. – Carl Icahn has bought the remaining half of the $500 million mortgage on the three Trump Entertainment Resorts casinos he’s trying to buy out of bankruptcy. He also won a $10 million interest payment in the transaction. The billionaire investor, who previously owned 51 percent...

LONDON (AFP) – FTSE 100 shares were firmer at the end of trade on Thursday as commodity prices surged. London’s benchmark index was up 1.15 percent to close at 5,744.89 points. Lloyds Banking Group (LBG) was the most traded stock, seeing 157 million units change hands, followed by Vodafone, which saw...

TOKYO – Cautious Japanese companies laid off more workers and hit the brakes on production in February, sending factory output down for the first time in a year. Industrial production in the world’s second-biggest economy retreated 0.9 percent from January, following 11 consecutive months of gains,...

ATHENS, Greece – Greece raised euro5 billion ($6.74 billion) Monday with a seven-year bond issue, in a crucial first borrowing test after the eurozone unveiled a rescue last week to help Athens cope with its acute debt crisis. But the government’s borrowing costs remain higher than it wants. A...

SINGAPORE – Oil prices were steady above $82 a barrel Tuesday in Asia, pausing after a leap the previous day fueled by a U.S. dollar drop and surging equity markets. Benchmark crude for May delivery was up 6 cents to $82.23 a barrel at midday Singapore time in electronic trading on the New York Mercantile...