FTAI Aviation Ltd. ( FTAI ) shares are trading higher Thursday, rebounding from a sharp decline following allegations in a report by Muddy Waters. What To Know: The report accused the company of financial misrepresentation in its Aerospace Products segment, including recording one-time engine sales as recurring Maintenance Repair & Overhaul (MRO) revenue. The January 15 report triggered a 24%...

NEW YORK, Jan 16 (Reuters) - American Express ( AXP ) said on Thursday it will pay about $230 million to settle U.S. criminal and civil probes into alleged deceptive practices in selling credit card and wire transfer products to small business customers. The credit card and travel services company agreed to pay $138.4 million, including about $108 million in...

WASHINGTON, Jan 16 (Reuters) - Current laws and regulations are not enough to protect Americans from the risks of compounded versions of popular weight loss drugs, especially those bought online, outgoing U.S. Food and Drug Administration Commissioner Robert Califf said on Thursday. The sale of these drugs would be less of a problem if the price of the original drugs...

Rio Tinto Plc ( RIO ) and Glencore Plc ( GLCNF ) , two of the largest mining companies in the world, have engaged in preliminary discussions about merging their businesses. What To Know: According to Bloomberg, the talks, which remain in the early stages, have not been confirmed as ongoing. Sources, who requested anonymity due to the confidentiality of...