It is rare for an investment firm to be charged under the Racketeer Influenced and Corrupt Organizations Act, a powerful legal tool used against the Mafia and drug gangs.
Philip Morris International has agreed to buy the 20% that it doesn't already own in its Mexican tobacco business for about $700 million. The stake is currently held by Grupo Carso SAB, a conglomerate founded by Carlos Slim.
LPL Financial agreed to pay at least $9 million to end allegations by regulators that the brokerage firm was plagued by "systemic email failures" but did too little to fix them.
NetApp launched a dividend and promised to raise payouts to shareholders through stock buybacks, calming investors as a weak information-technology market threatens its earnings.
Two more executives of a Japanese auto parts maker have agreed to plead guilty to fixing prices on new-car parts and will spend more than a year in a U.S. prison.
Vodafone said it will keep the $3.15 billion dividend payment it will receive from Verizon Wireless and plow it into its flagging operations in Europe, which weighed heavily on the mobile operator's full-year profit.
A lawsuit brought by auto dealers has put a chill on the potential sale of R.L. Polk & Co., owner of the used-car shopping tool Carfax, according to people familiar with the matter.
Swedish fast-fashion retailer Hennes & Mauritz said that some of its clothing was produced in a Cambodia factory where 23 people were injured in an accident on its premises Monday.
