Business

Feds Sue Jon Corzine Over MF Global Collapse

Federal regulators have filed civil charges against former New Jersey Governor Jon Corzine in connection with the failure of his commodities firm, MF Global. The government says Corzine failed to stop the firm from dipping into customer funds during a financial crisis in October 2011.

Game Console Ouya Lures Buyers With $99 Price Tag

A $99 video game console funded through Kickstarter went on sale this week. Ouya is significantly cheaper than the big-brand consoles and also relies on a different business model. Games are sold through something like an app store, allowing customers to sample them before buying.