Bank of America Corp is expected to pay more than $16.5 billion to end investigations into mortgage securities that the bank and its units sold in the run-up to the financial ..
Countrywide Financial Corp. co-founder Angelo Mozilo hasn't escaped the wrath of prosecutors for his company's role in inflating the U.S housing bubble that preceded ..
Argentina's new plan to skirt U.S. The government has sent a bill to Congress that would replace its New York intermediary bank with state-run Banco Nacion, the latest mo ..
Subprime auto loans are back and defaults are starting to rise ..
But the minutes, released Wednesday, also showed that most members agreed more data was needed to move up the schedule of rate hikes. ..
Target Corp. slashed its annual profit outlook for the second time in three months as the retailer reels from a massive customer-data breach, a botched Canadian expansion and ..
Russia ordered the temporary closure of four McDonald's restaurants in Moscow on Wednesday, a decision it said was over sanitary violations but which comes against a back ..
The recent weak rebound in PC sales may be a temporary blip, fueled by Microsoft's decision to end support of Windows XP. ..
Walgreen named Kraft Foods Group Inc's (KRFT.O) former CFO, Timothy McLevish, to replace Miquelon — its CFO of six years — on Aug. 4. Miquelon last month cut by $1.1 bill ..
The bulls are bolstered recent data that show new home construction rose sharply in July to its highest level in eight months. The Commerce Department reported housing starts ..