- 1. Hobby Lobby to pay $3 million to settle antiquities smuggling case
- 2. Fed minutes show disagreement on timing of trimming debt holdings
- 3. Qatar Airways joins regional rivals in securing exemption from laptop ban
- 4. Judge orders Shkreli to stop speaking and tweeting about his case
- 5. Tesla shares drop following report of slowed deliveries
1. Hobby Lobby to pay $3 million to settle antiquities smuggling case
Hobby Lobby has agreed to give up more than 5,500 ancient Iraqi artifacts in a settlement with the Justice Department that was announced Wednesday. The arts-and-crafts retailer bought the items, which included cuneiform tablets and other objects, for $1.6 million from dealers in Israel and the United Arab Emirates in 2010. The Justice Department said Hobby Lobby ignored an expert's warning that the artifacts could have been smuggled after being taken illegally from archaeological sites, and ignored other "red flags," including conflicting accounts on where the items were stored before they were inspected in the U.A.E. Hobby Lobby, which will pay a $3 million fine, pledged to change how it acquires "cultural property." "We should have exercised more oversight and carefully questioned how the acquisitions were handled," Hobby Lobby's president, Steve Green, said.
2. Fed minutes show disagreement on timing of trimming debt holdings
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3. Qatar Airways joins regional rivals in securing exemption from laptop ban
4. Judge orders Shkreli to stop speaking and tweeting about his case
5. Tesla shares drop following report of slowed deliveries
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