U.S.
U.S. Homebuilder Confidence Highest Level Since ’05; Jobless Claims Lowest Since ’07
Confidence among U.S. homebuilders rose in August to the highest level since 2005 as demand for new homes supports the market amid rising mortgage rates. The National Association of Home ...
Apple Faces Possible 2014 Trial on e-Book Damages; Amount Could be Hundreds of Millions
The federal judge who ruled that Apple Inc. violated antitrust law by conspiring with five major publishers to raise prices of e-books has scheduled a May 2014 trial to determine damages, according ...BP Asks Judge to Deny Investor Class-Action Against Company, Officers
BP Plc asked a federal judge to deny U.S. investors the right to pursue a class action, or group, lawsuit claiming the company misled them before and after the 2010 Gulf of Mexico oil spill. The ...
They Charge For That? Surprise Fees On Your Hotel Bill
If anyone is an educated hotel guest, it's Bjorn Hanson, dean of New York University's Preston Robert Tisch Center for Hospitality, Tourism and Sports Management. But even Hanson got confused during ...
Judge Allows California Case Against Standard & Poor’s To Proceed
A U.S. judge has allowed the California attorney general's office to proceed with a lawsuit accusing Standard & Poor's of misleading investors by inflating its credit ratings that led to ...
Free Work Entices Businesses to Hire Long-Term Unemployed
After conducting almost 10,000 job interviews during 10 years as a human resources manager, Tom Kaminski says he thought he knew enough about the labor market to keep his own bout of unemployment ...
Gulf Of Mexico Evacuations Start; Storm Threat To Oil, Gas Ops
Some Gulf of Mexico oil and gas operators began evacuating workers from offshore facilities but kept production flowing on Thursday as a low-pressure system threatened to strengthen into a cyclone. ...
U.S. Charges Two Ex-JPMorgan Bankers Over ‘London Whale’ Loss
U.S. prosecutors brought criminal charges on Wednesday against two former JPMorgan Chase& Co employees in the trading scandal that cost the bank $6.2 billion last year, but the trader nicknamed ...