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MSNBC.com: Business 

Goldman Sachs Reaches $3.15 Billion Settlement

The agreement will resolve claims that Goldman Sachs misled U.S. mortgage giants Fannie Mae and Freddie Mac about risky mortgage securities.

ABC News: Business 

When Sears Was a Retail Star, Not Losing $1B in Six Months

Sears was once a sparkling star of the retail world going back to the days before there was such a thing as a chain store, but now it is best known as a venerable brand in a steady decline. Here's a look at its glorious history that started with a catalogue.

TIME Magazine Online: Top Business Stories 

Goldman Paying $3.15B Over US Mortgage Bond Claims

(WASHINGTON) — Goldman Sachs has agreed to pay $3.15 billion to resolve claims that it misled U.S. mortgage giants Fannie Mae and Freddie Mac about risky mortgage securities it sold them before the housing market collapsed in 2007. The Federal Housing Finance Agency, which oversees Fannie and Freddie, announced the settlement Friday with the Wall…

Reuters: Business News 

Ackman, other shareholders ask Allergan to call special meeting

BOSTON/NEW YORK (Reuters) - Investors owning 31 percent of shares of Allergan Inc have asked the company to call a special shareholder meeting, activist shareholder William Ackman said on Friday, giving the hedge fund manager a victory in his fight to acquire the Botox maker.

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