The settlement expected to be announced on Wednesday ahead of social media giant's latest financial results.
Agency says company is making unsubstantiated claims for treatments of serious diseases. Company says it will work with FDA to resolve the matter.
Bitcoin wilts back below the $10,000-mark on Wednesday alongside other cryptocurrencies as U.S. lawmakers cast doubts that they will give the nod to Facebook's own cryptocurrency plans, legitimizing the space in the process.
Shares gain after Justice Department asks for pause in antitrust ruling.
KeyCorp shares traded notably lower Tuesday after the lender uncovered fraudulent activity associated within one of its business customers in its current quarter.
The fine amounts to a fraction of Facebook's yearly revenue, but is by far the largest penalty ever imposed by the FTC against a tech company.
United Airlines said Friday that it will continuing its groundings of the troubled Boeing 737 MAX through November 3.
It is unclear how a 'libra' denominated transaction might be governed in the future and it might require the creation of an entirely new oversight entity.