Funds

The agency's former executive director filed a lawsuit alleging fraud and misuse of federal anti-poverty funds. Federal prosecutors have ended their investigation and unsealed the complaint and its allegations. City of Buffalo officials misused millions of dollars in federal anti-poverty funds and steered grants to favored real-estate developers, according to a federal lawsuit filed three and a half years ago and kept under seal until a month ago. The lawsuit was brought by Nona Watson, a former executive director of the Buffalo Urban Renewal Agency, which serves as a pass-through...

Billionaire Masayoshi Son, chairman and chief executive officer of SoftBank Group Corp., speaks in front of a screen displaying the ARM Holdings logo during a news conference in Tokyo on July 28, 2016.Tomohiro Ohsumi | Bloomberg | Getty ImagesSoftBank Group Corp's chip maker Arm has filed with regulators confidentially for a U.S. stock market listing, Arm said on Saturday, setting the stage for this year's largest initial public offering.The IPO registration shows that SoftBank is pressing ahead with the blockbuster offering despite adverse market conditions, after saying in March that...