Legendary investment bank Lehman Brothers was on fire — and no one was coming to put it out. Bank of America refused to rescue the 158-year-old Wall Street firm without support from Uncle Sam.

David Solomon, the part-time DJ and future CEO, needs to change the tune at Goldman Sachs. The legendary investment bank is in a bit of a slump. Not only is Goldman Sachs (GS) the

When John Taylor starts remembering the years leading up to the financial crisis, his fury wells up all over again. As president of the nonprofit National Community Reinvestment Coalition, he warned Congress about the

A Chinese app that does just about everything has found strong demand for its shares, bucking the trend of recent tech IPOs. Meituan Dianping raised $4.2 billion from investors after pricing the newly issued

"What was Nike thinking?" President Donald Trump said on Twitter last week about Nike's new ad featuring Colin Kaepernick. A new poll may provide an answer. Nike's decision to make the former San Francisco

The iPhone is getting more expensive, and Apple is betting faithful customers will barely blink an eye. Apple has slowly increased the average price of an iPhone since 2007, but with the $999 iPhone

(CNN)Two sisters have died in Somalia from complications that arose after undergoing female genital mutilation, according to Hawa Aden Mohamed, who campaigns against the procedure.Ten-year-old Aasiyo Abdi Warsame and her sister, Khadijo, 11, died

London (CNN)Some schoolgirls in the United Kingdom have been pressured by their peers into undergoing female genital mutilation (FGM), according to FGM survivor and campaigner Leyla Hussein, Britain's Press Association reported.Hussein, who founded the

(CNN)Somalia will prosecute a female genital mutilation (FGM) case for the first time in the country after a 10-year-old girl died from the procedure last week.Deeqa Dahir Nuur suffered complications two days after her

(CNN)A group of Kenyan teenagers have created an app called i-Cut to help girls affected by Female Genital Mutilation (FGM).The students, Stacy Owino, Cynthia Otieno, Purity Achieng, Mascrine Atieno and Ivy Akinyi, have named