INVESTMENTS

Bank of America settles bid-rigging probe for $137 million

Bank of America Corp. has agreed to a sweeping $137 million settlement with state and federal authorities, including to resolve its role in an alleged bid-rigging scheme that has been under investigation since 2006.

MADOFF PONZI SCHEME

Businessman agrees to give up $625M in Madoff funds

A Massachusetts businessman, one of the first investors in Bernard Madoff's investment business, entered a deal to forfeit funds.

Hurricanes 1, Baptist 0: Gables OKs campus plan over complaints from UM competitor

Baptist Health South Florida lost a last-minute fight to stave off some new competition on Tuesday.

The Coral Gables City Commission unanimously rejected Baptist's request to postpone a vote on the University of Miami's revamped zoning rules that would let UM build a proposed health center on campus.

Calculate the recovery period for your underwater home mortgage

Is your home loan currently more than the market value of your house? Plug in your numbers here and see approximately how many years of mortgage payments it could take you to break even.