SETTLEMENT

Washington Mutual Inc., the biggest bank to fail in U.S. history, said it reached a settlement in a dispute between shareholders and certain creditors that had prevented the bank from emerging from Chapter 11 bankruptcy proceedings.

Associates of Yasser Arafat offer personal recollections in a documentary screened in Dubai this week on his search for an Israeli-Palestinian peace deal that descended into violence and failed to lead to a Palestinian state.

The Pakistani Taliban has taken responsibility for a number of devastating attacks across Pakistan in recent years.

Ministers fought to save U.N. climate talks from collapse on Saturday, searching to narrow differences between rich and poor nations over how quickly to fight global warming.

Former MF Global chief Jon Corzine apologized to those harmed by the brokerage firm's collapse, but said he didn't directly manage customer funds and doesn't know where the missing money is.

The SEC on Thursday charged Wachovia Bank N.A. -- now Wells Fargo Bank following a merger in March 2010 -- with fraudulently engaging in secret arrangements with bidding agents to improperly win business from municipalities and guarantee itself profits in the reinvestment of municipal bond proceeds.

Outside consultants, accountants, regulators, and people who were at the company “before I arrived” all took actions that undermined the stability of the company, Corzine is set to tell the House Committee on Agriculture today, according to his written comments. Not responsible, though as Corzine acknowledges are “one of the recurrent themes in the media” was the firm’s relatively high ratio of leverage or its exposure to European sovereign debt.

The painful economic climate following the recession may partially explain the rise in broken marriages.

Prospective bidders are piling up for the Los Angeles Dodgers, but Fox Sports argued on Wednesday that the bankrupt team's owner Frank McCourt is improperly breaking its broadcasting contract in his effort to sell the team.

Venezuelan President Hugo Chavez said his government is willing to sit down with Exxon Mobil Corp. officials after years of tension following the nationalization of the country's oil industry.

Congressman Barney Frank on Wednesday asked his colleagues to hold a hearing on alleged mortgage abuses at Ally Financial, a day after the attorney general from his home state of Massachusetts requested that lawmakers investigate.

The Los Angeles Dodgers said late on Tuesday it has filed a motion with a U.S. bankruptcy court to approve its settlement with Major League Baseball, which would kickstart the sale of the bankrupt team.

Bishop Eddie Long's announcement of his departure from the New Birth missionary Baptist Church on Sunday has uncertainty for the future of the church, The Associated Press has reported.

Bank of America agreed on Tuesday to pay $315 million to settle claims involving mortgage securities issued by Merrill Lynch.

China's entry into the World Trade Organization and its development over the last 10 years has contributed to global prosperity, according to former WTO Director David Hartridge.

Twenty-seven years later, the impact from the Bhopal gas disaster is far-reaching as survivors continue to battle health issues, families fight to keep the memories of their loved ones alive, and companies and cities continue to face the fallout from what has been called the worst industrial disaster of our time.

Michael Sitrick and Reliance Trust Co. have agreed to settle a lawsuit charging the crisis public relations guru with undervaluing an employee stock option plan (ESOP), TheWrap has learned.

U.S. rail traffic, a snapshot of the weekly economic well-being, continued to climb in late November. During the week ending Nov. 26, U.S. railroads originated 265,304 carloads, up 4 percent compared with the same week last year, while intermodal volume for the week totaled 190,866 trailers and containers, up 3.7 percent compared with the year-ago-period, the Association of American Railroads reported.

The nation's major freight railroads averted the possibility of an imminent strike, which could hit the retail industry hard during the holiday season, by reaching tentative agreements with two labor unions and agreeing to extend talks with a third late Thursday, just hours after Republican House leaders said they would move to vote Friday an emergency bill to block a strike.

Anyone who purchased tickets on Ticketmaster over the past 12 years is entitled to a refund, the company said, for processing fees charged at the time of purchase.

Former Bronx Borough President Adolfo Carrión Jr. and former White House czar admitted to violating city laws