Parent of adultery website Ashley Madison in $11.2 million data breach settlement

The owner of the Ashley Madison adultery website said on Friday it will pay $11.2 million to settle U.S. litigation brought on behalf of roughly 37 million users whose personal details were exposed in a July 2015 data breach. Ruby Corp, formerly known as Avid Life...

BlackRock’s iShares ETF business posts record inflows, assets top $1.5 trillion

BlackRock, the largest asset-management firm in the world, said its exchange-traded funds business had a record quarter. The company said net inflows into its iShares business totaled $74 billion in the second quarter, a record, pushing the unit’s assets above...