One small Florida town is buzzing over its newest millionaire, reports NBC's Kerry Sanders.» Read More
May 15- A federal judge has again ordered Wells Fargo& Co to pay $203 million to settle class action litigation accusing it of imposing excessive overdraft fees on checking account customers, reviving an award that had been thrown out last year.
A New York Federal Reserve report suggests that college grads swamped by debt may be victims of forces greater than their willingness to pay.
NEW YORK, May 15- After years of urging its financial advisers to sell more life insurance, UBS Wealth Management Americas is bringing in full-time experts and offering financial incentives to prod its tradition-bound sales force outside its comfort zone.
Russian spies still operate in the U.S. and American ones in Russia. On Tuesday, Russia's security services said they had caught a U.S. diplomat who they claim is a CIA official trying to recruit a Russian agent. She has stayed in the limelight since her deportation to Russia, hosting a reality TV show, modeling lingerie and becoming the face of a Moscow bank.
WASHINGTON, May 14- Federal officials charged 89 people including doctors, nurses and other medical professionals in eight U.S. cities on Tuesday with Medicare fraud schemes that the government said totaled $223 million in false billings.
*Embattled acting IRS chief Miller goes to Capitol Hill. The scandal has added to a sense of a White House under siege as President Barack Obama, who has promised to hold any IRS wrongdoers accountable, grapples with an array of domestic and foreign policy controversies that threaten his second-term agenda.
Attorney General Eric Holder said on Tuesday the Department of Justice had charged 89 defendants in eight cities with healthcare fraud, and warned that budget cuts could limit future efforts to crack down on fraudulent claims.
*Melt of Greenland, Antarctica less severe than expected. OSLO, May 14- A melt of ice on Greenland and Antarctica is likely to be less severe than expected this century, limiting sea level rise to a maximum of 69 cm, an international study said on Tuesday.
The charges involve $223 million in fraudulent claims in jurisdictions including Miami, Detroit, Los Angeles and Brooklyn, New York, the Justice Department said.
ORLANDO, Fla., May 14- BlackBerry announced plans on Tuesday to offer its popular instant messaging system on rival devices and introduced a new mid-tier smartphone targeted at countries where its faded brand remains strong.
BOSTON-- Information storage and management company Iron Mountain has purchased three records management businesses owned by Information Storage Consolidation Co., adding mid-sized companies to its customer base.
BlackBerry, renamed from Research In Motion, had been the market leader but over the past few years has bled market share to Apple Inc's iPhone and Samsung Electronics Co's popular line of Galaxy devices powered by Google's Android operating system.
ORLANDO, Fla., May 14- BlackBerry unveiled a new mid-tier smartphone device with a physical keyboard on Tuesday, the feature that still sets it apart from most rivals, and said its make-or-break new devices had put the company back on "solid ground."
Marco Rubio of Florida is coming to the aid of New Hampshire Sen. Rubio's Reclaim America political action committee says in the new ad that Ayotte has sought to reduce gun violence in New Hampshire, home of the nation's first presidential primary.
MIAMI-- Hospitals nationwide could lose half a billion dollars in federal funding for uninsured patients next year under the national health overhaul _ a loss that will hit especially hard in states that decided against expanding Medicaid coverage.
*Rubio calls for resignation of acting IRS chief. *IRS to be focus of congressional investigations. The scandal was ignited last Friday, when an IRS official revealed at a meeting of tax lawyers that the agency had inappropriately singled out Tea Party and other conservative groups for extra scrutiny of their claims for tax-exempt status.
*Company looks to buy shares restricted since Cargill split. May 13- U.S. fertilizer producer Mosaic Co plans to have accumulated a $2 billion cash pile by the end of May to buy back shares locked up since its split from agribusiness giant Cargill Inc..
ATLANTA-- The water dispute between Alabama, Florida and Georgia is provoking hardball politics in Congress, where Georgia lawmakers derailed a proposal that could restrict metro Atlanta's water supply.
KNOXVILLE, Tenn.-- He's less than two weeks old, but he shows the telltale signs of a baby agitated and in pain: an open sore on his chin where he's rubbed the skin raw, along with a scratch on his left check.
LONDON-- An artwork by secretive graffiti artist Banksy that sparked controversy when it disappeared from the side of a north London store has been put up for sale in the U.K., months after it was yanked from the block in Miami.