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Wells Fargo Scoffs At Subpoenas In $60B Fraud Probe: SEC

In conducting an investigation of possible fraud in relation to Wells Fargo & Co.'s sale of almost $60 billion in residential mortgage-backed securities, the U.S. Securities and Exchange Commission on Friday requested that a federal court order the country's largest mortgage lender to comply with its subpoenas.

Immofinanz Acquires All of Moscow Shopping centers

Austrian real estate group Immofinanz said it would buy the remaining 50 percent of the Golden Babylon Rostokino shopping centre in Moscow from Russian company Patero.

Famous Ancient Sunken Cities Around the World [PHOTOS]

Venice could sink by up to three inches by 2032 at a rate much faster than previously thought, according to a study. It would gradually join the list of several cities that once thrived well before being swallowed up by oceanic waves that are assumed to have resulted from massive earthquakes and tsunamis.