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Freddie Mac exec facing possible SEC charges

A top Freddie Mac executive received notice the government may file charges against him for allegedly violating securities laws in the years leading up to the housing bust, according to a regulatory filing released on Thursday.

Minus a partner, Accel puts energy in China cleantech

Minus a partner, Accel puts energy in China cleantech
Accel Partners is planning to raise $2 billion in new funds and invest more broadly into energy opportunities in China, VentureBeat has learned, even as Peter Wagner, the man who led its cleantech efforts, is leaving the company.

Boeing awarded $35-bln contract by USAF to build fueling tankers

The U.S. Air Force has awarded a $35-billion contract to Boeing Co. to (NYSE: BA) build a fleet of aerial fueling tankers in favor of its rival EADS (European Aeronautic Defense and Space Co.) ending a three-year epic battle, according to a report in The New York Times, quoting politicians and industry executives.
7. Michigan

Foreclosure deal slowed by infighting: sources

U.S. regulators' efforts to settle with banks over improper mortgage foreclosures are being hampered by infighting among the groups involved in the talks, and a settlement may take a while, according to sources familiar with the matter.
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Malikah Shabazz and her sisters appear together outside Jacobi Medical Center in New York City shortly after the death of their mother Dr. Betty Shabazz on June 23, 1997

Twin daughter of Malcolm X denied bail in identity theft case

Malikah Shabazz, one of the children of slain civil rights leader Malcolm X, has been denied bail by a North Carolina court in connection with grand larceny, forgery and identity theft and could face trial in New York City where warrants have been issued against her.
2012 luxury Infiniti hybrid priced at $53,700?

Why is the 2012 luxury Infiniti hybrid priced high at $53,700?

US automaker, Infiniti, has announced the launch of a luxe hybrid priced at $53,700. The 2012 Infiniti M Hybrid (M35h), which will go on sale starting March 16, is the first V6 luxury performance driver's hybrid offering over 350 horsepower and 32 mpg fuel economy.
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Global mining M&A set to accelerate in 2011: report

Merger and acquisitions activity in the global mining sector is expected to accelerate in 2011, fueled by strong commodity prices and repaired balance sheets, advisory and accountancy firm Ernst & Young said on Wednesday.
A engineer works at a road construction project near Isiolo town, 320 km (200 miles) north from the capital Nairobi

M&R falls to H1 loss, to sell assets

South African building firm Murray & Roberts fell to a half-year loss on Wednesday and said it will sell some assets in the Middle East and Australia, as it fights to ride out an industry-wide slump.
Fidelity seeks to enter China via trust venture -source

Fidelity seeks to enter China via trust venture -source

Mutual fund giant Fidelity is actively preparing to enter China by securing a trust company licence in one of the world's fastest-growing asset management market, a person familiar with the situation said on Wednesday.
Digital China eyes iPad supplier rights

Digital China eyes iPad supplier rights

Technology services provider Digital China Holdings Ltd is bidding for the rights to sell Apple Inc's iPad and Research in Motion Ltd's tablet PC in China, its chief executive said.
A foreclosed home is seen in Bullhead City, Arizona,

GMAC scores victory in court over Maine homeowners

A federal court is on the verge of throwing out a lawsuit filed by Maine homeowners facing foreclosure action against Ally Financial Inc.'s GMAC mortgage unit, which has been accused of wrongful foreclosure practices.
Medtronic Chairman and CEO William Hawkins

Medtronic to lay off up to 2,000 workers

Medical device maker Medtronic Inc. (NYSE: MDT) said it plans to lay off up to 2,000 workers in connection with a restructuring program in response to sluggish sales of some of its products.
Pfizer, BYU Go To Court In May, Celebrex and Millions Of Dollars At Stake

Pfizer settles remaining Nigeria, US Trovan suits

Pfizer Inc said it has settled all outstanding lawsuits involving accusations that it tested the experimental antibiotic Trovan on children in Nigeria during a 1996 meningitis outbreak without receiving adequate prior consent.
Home Depot

Home Depot tops estimates, raises outlook

Home Depot Inc (HD.N) beat quarterly profit and sales estimates and raised its fiscal-year outlook as shoppers took up long-delayed maintenance and repair projects for their homes in a slowly recovering U.S. economy.

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