Founder of First Brands, Whose Bankruptcy Spooked Wall St., Is Indicted on Fraud Charges
Patrick James, who was earlier ousted from the beleaguered auto-parts maker, is accused by federal prosecutors of faking invoices and lying about hidden debt for years. Read more
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John L. Allen Jr., Journalist With Inside Access to the Vatican, Dies at 61
He seemed to know everyone at the Holy See, and it showed in his reporting for the National Catholic Reporter and his website, Crux, though some said he grew too close to his sources. Read more
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Microsoft Continues to Spend Big on A.I. While Profit Jumps 60%
The company said on Wednesday that revenue in the most recent quarter was $81.3 billion, but its share price dropped more than 7 percent in after-hours trading. Read more
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