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Wall Street falls, Caterpillar latest to miss on sales

NEW YORK - Stocks tumbled on Monday as investors worried that slower global growth is hitting corporate sales despite earnings that beat expectations. | Video

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Monster Beverage tumbles on suit about girl's death

- Monster Beverage Corp shares fell 16 percent on Monday after news that it is being sued by the family of a 14-year-old girl who died after drinking two cans of its Monster Energy drink.

AIG in multistate settlement over life policies

- Insurer American International Group Inc has agreed to an $11 million settlement with a group of states over its claims settlement practices for life insurance policies, Pennsylvania insurance authorities said on Monday.

"Fake in Italy" branches out into toothpaste, soaps: reports

MILAN - Counterfeiters of the kind who normally concentrate on ripping off luxury labels are diversifying into cheaper daily items like soaps and shampoos to lure Italian consumers cutting back on everything amid the recession, a study on Monday said.

New York regulator says capital reforms do not work for small banks

WASHINGTON - New York's top state bank regulator called on Washington on Monday to spare community banks from the most complex parts of new rules requiring more capital to withstand financial shocks.

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