NEW YORK (Reuters) - A U.S. government fund to compensate people swindled by Bernard Madoff announced its tenth and final distribution on Monday, saying it will have paid out $4.3 billion to 40,930 of the late Ponzi schemer's victims. Richard Breeden, the former U.S. Securities and Exchange Commission chairman who oversees the Madoff Victim Fund, said a final $131.4 million...

04:15 PM EST, 12/30/2024 (MT Newswires) -- The US Department of Transportation said Monday it has fined Lufthansa $220,000 and Swiss International Air Lines $200,000 for flying in Federal Aviation Administration-restricted airspace while carrying United Airlines' (UAL) code. An investigation found that between March 2022 and April 2024, Lufthansa violated FAA restrictions by operating multiple flights in prohibited airspace, breaching...

(Reuters) - Li Haslett Chen, a member of the Warner Bros. Discovery ( WBD ) board and a member of the company's Nominating and Corporate Governance Committee, will resign from her positions, effective Jan. 31, 2025, the company disclosed in a regulatory filing on Monday. Chen, who joined the board in April 2022, issued a statement saying she needed to...

04:18 PM EST, 12/30/2024 (MT Newswires) -- Nuvau Minerals (NMC.V) late Monday afternoon said it completed its previously announced private placement, raising about $1.97 million by issuing roughly 2.11 million flow-through shares. The offering included nearly 1.57 million shares at $0.90 each, raising $1.41 million, and 547,087 shares at $1.03 each, raising nearly $563,500, the company said. The proceeds will...