Former Jefferies Trader Litvak Sentenced to Two Years
Former Jefferies trader Jesse Litvak was sentenced to two years in prison and a $1.75 million fine for violating federal securities laws.
Facebook Answers Critics With Mobile-Ad Surge
Facebook reported that profit more than doubled and revenue topped estimates for the ninth straight quarter. About 62% of Facebook's ad revenue now comes from advertising on mobile devices.
Investors Bank on Sugar Squeeze
Many investors are sticking to their bullish bets on sugar, anticipating that a sharp drop in Brazilian output will curb global supply growth.
EU Approves Overhaul of Greek Banks
European Union regulators approved the restructuring of Greece's two biggest banks, saying significant government support provided to the lenders during the region's financial crisis didn't violate EU competition rules.
copyright © 2014 Dow Jones & Company, Inc.