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US seeks $864M from BofA over Countrywide loans

November 9, 2013 • BusinessComments (0)

FILE – In this Jan. 25, 2009 file photo, a Bank of America branch office is shown in New York. The U.S. government urged that Bank of America Corp pay $863.6 million in damages after a federal jury found it liable for fraud over defective mortgages sold by its Countrywide unit. In a filing late [&hellip...

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The shutdown’s surprise effect on jobs numbers

November 9, 2013 • BusinessComments (0)

President Barack Obama speaks at the Port of New Orleans, Friday, Nov. 8, 2013, in New Orleans. The government shutdown may have affected October’s jobs numbers. But not how you think. For weeks, the White House had been bracing for a bad report on hiring....

Michigan growers trying to get apples to doze off

November 9, 2013 • BusinessComments (0)

In this Nov. 7, 2013 photo apples move along a conveyor line in the King Orchards production warehouse in Central Lake, Mich. The state’s apple producers had a bumper crop this year after bad weather caused disappointing yields in 2012. (AP Photo/John...

Brazil’s OSX to seek bankruptcy protection

November 9, 2013 • BusinessComments (0)

FILE – In this April 7, 2009 file photo, Brazilian billionaire Eike Batista attends a ceremony in which Batista donated about $4.5 U.S. million dollars for the the Rio 2016 Olympic games bid, in Rio de Janeiro, Brazil. The oil company of Brazil’s...

Obama nudges US to stop thwarting jobs growth

November 9, 2013 • BusinessComments (0)

President Barack Obama speaks about the economy, Friday, Nov. 8, 2013, at the Port of New Orleans. Obama traveled to the Gulf Coast region to make a case that more exports equal more jobs. After New Orleans he will go to Miami area for three Democratic...

Jurors hear alleged pirate make demands on call

November 9, 2013 • BusinessComments (0)

This image provided by the U.S. Attorney’s Office shows government exhibit #20, a photo of the crew of the M/V CEC Future, which had been held by pirates for more than two months, standing in a line in January 2009, just before a $1.7 million ransom was...

AP Exclusive: State workers get $516M in bonus pay

November 9, 2013 • BusinessComments (0)

FILE — In this June 28, 2013 file photo, California Highway Patrol K-9 Officer Scott Koolman leads his K-9 partner Buddy into graduation ceremonies at the CHP Academy in West Sacramento, Calif. California HIghway Patrol employees are among the thousands...

Inslee not giving up on transportation package

November 9, 2013 • BusinessComments (0)

Washington Gov. Jay Inslee stands in front of a bust of George Washington in the Capitol rotunda as he speaks to reporters on Friday, Nov. 8, 2013, in Olympia, Wash. Inslee discussed the status of the current special legislative session, as well as his...

Few options for Obama to fix cancellations problem

November 9, 2013 • BusinessComments (0)

President Barack Obama speaks about the economy, Friday, Nov. 8, 2013, at the Port of New Orleans. The president says he’ll do everything he can to help people coping with health insurance cancellations, but legally and practically his options appear...

Lawyers wrap case in Detroit bankruptcy trial

November 9, 2013 • BusinessComments (0)

FILE – This Sept. 19, 2013, file photo, shows the city of Detroit from midtown. Testimony has ended in a trial to determine whether Detroit is eligible to slash billions of dollars in debt in bankruptcy court. Closing arguments are set for Friday, Nov....

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