Business

A New York judge on Tuesday rejected an effort by American International Group Inc and other objectors to Bank of America Corp's proposed $8.5 billion mortgage bond settlement to convert the case to a proceeding that may have widened its scope.

Unless you are a tax lawyer, the granite building with bronze-tinted windows that looms over Washington's I-395 freeway may be the most influential courthouse you've never heard of.

Apple Inc's quarterly profit almost doubled after a jump in iPhone sales, particularly for the greater China region, blowing past Wall Street expectations and soothing fears the device was past its best days for sharp growth.