The bankruptcy trustee for Scott Rothstein's defunct law firm has reached a tentative settlement with American Express, the card that was used to fuel Rothstein's and his wife's luxurious lifestyle, that will help the victims of the high-profile lawyer's $1.2 billion Ponzi scheme recoup some of their losses.
Wesley Snipes Wesley Snipes, whose films include Blade trilogy, has been sentenced to three years in jail for tax-related crime.
Proposed rules by the Obama administration to clamp down on the for-profit school sector may have been leaked in June a day before they were made public, a pair of Senators asking for a probe said on Thursday.
Visits to the state of Florida rose in the third quarter of 2010 despite the Deepwater Horizon oil spill.
A new study has found that immigrant women, who toil in the US food industry, suffer sexual harassment, wage theft and other forms of abuse at work.
How much was accomplished at the just-concluded G20 summit in Seoul, South Korea likely depends upon whom you are asking. While some observers feel the summit cannot really do anything to address the fundamental differences between diametrically opposed economies (see: U.S. vs. China), others feel that progress of any such summit has to be measured in slow, patient doses.
Ford Motors has announced the list of cities, which shall receive the first all-electric passenger car Focus Electric, which debuts in late 2011.
As the 2010 election is over, a new study says companies engaging in corporate political activities are making higher profits.
Plenty of research - from sources like GE and Deloitte, to name a few - has shown that range anxiety, or the fear of running out of battery charge in the middle of the road, is one of the biggest factors scaring consumers away from electric vehicles (EVs).
Dumb money is beginning to pour into gold. However, gold fever has not yet taken over the public imagination and there are still many potential buyers on the sidelines. The rally is therefore likely to continue.
Home foreclosures in the U.S. in October fell by 9 percent primarily because some major banks temporarily froze foreclosure proceedings and delayed sales of foreclosed properties nationwide after being criticized for shoddy paperwork, according to real estate data company RealtyTrac.
Motorola responds to Microsoft's patent lawsuit with one of their own.
Sixty-four percent of Americans support death penalty for those convicted of murder while one of two Americans feels death penalty is not imposed often enough, Gallup's annual Crime Survey has revealed.
One of the predominant economic issues of our day has to do with the “offshoring” or “outsourcing” of American jobs overseas, particularly to developing economies like India and China where costs of labor are significantly less, thereby undermining efforts to reduce the stubbornly high U.S. jobless rate (currently at 9.6 percent)
A Maine state court judge reprimanded GMAC mortgage over its foreclosure practices and concluded that it submitted a company official's affidavit to support a foreclosure in bad faith.
An outcry over questionable foreclosures by GMAC Mortgage and other lenders is likely to hit some states more than others because of major differences in real estate law across the nation.
Senior officials from the United Auto Workers union will travel to Italy next week for a meeting with Fiat SpA (FIA.MI) Chief Executive Sergio Marchionne and a pitch to bring jobs to the United States for its suppliers.
A new report by the Washington-based Urban Institute Health Policy Center has said that an estimated 5 million uninsured children in the United States who were eligible for Medicaid or the Children's Health Insurance Program (CHIP)
According to a recent realty report by Reuters, an unbelievable number of US homeowners lost their homes to banks. RealtyTrac, a real estate data company sees a record 1.2 million repossessions this year, up from just fewer than 1 million last year, with more than 3.2 million US homes in some stage of foreclosure.
Routine prostate cancer screening does not appear to help men live longer, according to a new study that pooled the best available data on the controversial topic.
Chrysler said on Tuesday it was set to unveil a renamed and upgraded version of its Sebring sedan as the automaker readies its first restyled vehicles since emerging from bankruptcy under the control of Fiat SpA.
For big U.S. banks, Basel III will likely have limited impact in the short-term because of its generous phase-in timeline
