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Lance Armstrong settles with promoter: Report

Lance Armstrong settles with promoter: Report

Disgraced former cyclist Lance Armstrong has paid out over $10 million (8.9 million euros) in a settlement to Bob Hamman and his SCA Promotions company, British newspaper the Sunday Times reported.

Citi, US $7 billion settlement announcement expected Monday

Citigroup agreed to pay $7 billion to resolve a U.S. government investigation into shoddy mortgage-backed securities the bank sold in the run-up to the 2008 financial crisis in a settlement set to be announced on Monday, sources said.