CNBC's Scott Cohn reports FedEx has been indicted on 15 criminal counts for helping Internet pharmacies deliver drugs to buyers in the U.S. without prescriptions.
Seven arrests have been made in Brooklyn, New York in an alleged 'pump and dump' scheme involving penny stocks, reports CNBCs' Scott Cohn.
FedEx has been indicted in connection with a Justice Department investigation into prescription drug trafficking, reports CNBC's Scott Cohn. FedEx claims it is innocent of the charges, saying it's a transportation company, not law enforcement.
CNBC's Scott Cohn reports the judge in Detroit's bankruptcy has approved an $85 million settlement between the city and Bank of America and UBS over swaps contracts.
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