A federal judge on Tuesday recommended approval of a revised settlement of a lawsuit challenging former Abercrombie & Fitch Co Chief Executive Michael Jeffries' pay, three months after another judge rejected a version that appeared to offer few benefits and release too many potential claims.
Ambac Assurance Corp sued Bank of America Corp to recoup hundreds of millions of dollars of losses from insuring roughly $1.68 billion of securities backed at least in part by risky mortgages from the bank's Countrywide Home Loans unit.
Taiwanese regulators cleared on Tuesday China's Xiaomi Inc [XTC.UL] and other smartphone brands of breaching local data protection laws after national security concerns triggered the government to launch a probe in September.