Standard and Poor's is expected to settle a lawsuit brought by the Justice Department over the quality of the firm's ratings during the years before the financial crisis.
S&P parent company McGraw Hill Financial will make two payments of $687.5 million: one to the U.S. Justice Department and another to 19 states and the District of Columbia.
Snapchat says social media likes and shares aren't what makes a story important. The ephemeral messaging app has rolled out Discover, featuring multimedia articles from major news brands.
As workers find themselves buried in meetings, and meetings preparing for meetings, experts say they're often a waste. Blame this "weapon of mass interruption" on office culture and poor leadership.
Some U.S. cities are bypassing private Internet providers and creating their own, faster networks. But laws in 19 states impede those efforts, and some cities want the FCC to get involved.
The niche digital portal Acorn holds rights to some of the best-known British TV shows. David Folkenflik reports it's now streaming some of those shows on its own, in competition with PBS and the BBC.
The president's $3.99 trillion proposal, released Monday, calls for more spending on domestic programs, infrastructure and defense — and includes tax hikes the new Congress is unlikely to approve.
The span, to be built across a narrow strait that separates Russia from the newly annexed peninsula, is pegged at $3 billion and scheduled for completion by the end of 2018.