Bomb Plot: Federal law enforcement authorities arrested a Northern Virginia man Wednesday in connection with an alleged plot to carry out terrorist bombings at stations in the Washington Metro system, the Washington Post reports.
Case Closed: The Federal Trade Commission announced Wednesday that it had ended its investigation of Google’s collection of Internet users’ personal communications by the company’s Street View cars, The New York Times reports.
No Deal: Wall Street deal-maker and former U.S. car czar Steven Rattner recently reached a tentative settlement with Securities and Exchange Commission staff over his role in a pay-to-play investigation, but has been stymied in efforts to forge a similar deal with New York Attorney General Andrew Cuomo, The Wall Street Journal reports.
SEC Investigation: Tiger Asia Management LLC, the New York-based hedge-fund firm led by Bill Hwang, received a subpoena from the U.S. Securities and Exchange Commission, following allegations of insider trading by Hong Kong’s securities regulator, according to Bloomberg.
Bargain Hunting: Wal-Mart, the world's biggest retailer, may scale back its $4 billion bid for Massmart by nearly half, a move that could keep the South African firm listed in Johannesburg, Reuters reports.
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