Former Federal Reserve Chairman Ben Bernanke said on Friday that he was hesitant to bail out American International Group (AIG.N) in 2008, but he was primarily concerned that the insurer "was on the brink of default" and not about punishing AIG.
Extendicare Health Services Inc has agreed to pay $38 million to the U.S. government and eight states to settle allegations that it billed Medicare and Medicaid for substandard nursing care and unnecessary rehabilitation therapy.
Pakistani teenager Malala Yousafzai, who was shot in the head by the Taliban in 2012 for advocating girls' right to education, and Indian campaigner against child trafficking and labor Kailash Satyarthi won the 2014 Nobel Peace Prize on Friday.
China on Saturday sentenced two members of a banned religious cult - a father and daughter - to death for the murder in a McDonald's restaurant of a woman who refused an apparent attempt by the group to recruit her, state media said.
