Village Voice and all of its affiliated free arts weeklies will be bought by a group of managers. However, the online classified site Backpage.com, whose listings have drawn fire for promoting the illegal sex trade, will be left behind in the Village Voice purchase.
Gasoline prices hit a national average of $3.80 per gallon, up five cents in one day. Hurricane Isaac shut down several refineries along the Gulf Coast and others are operating at reduced rates. In all, about 1.3 million barrels per day of refining capacity is affected.
Cities across the US took part Friday in Pussy Riot Global Day, but it's not clear whether the support, from governments and celebrities, will help members of the feminist punk group who were sentenced to prison for criticizing Vladimir Putin.
Wells Fargo settlement doesn't include admitting wrongdoing. Before the Wells Fargo settlement, the Securities and Exchange Commission had charged that its brokerage unit had improperly sold high-risk investments to cities and towns.
Best Buy offer from the company's co-founder would take the electronics seller private only months after leaving as the company's chairman following a scandal involving its CEO. The Best Buy offer values the company at $8.84 billion.