Ocwen Financial is suspected of 'self-dealing' by regulators and accused of overcharging borrowers and investors to auction off foreclosed properties.» Read More
As the case of the San Jose stowaway shows, it did not take a sophisticated plan for a 15- year-old boy to spend about seven hours in what is supposed to be a secure area of Silicon Valley's main airport— much of it in a wheel well of the jet that took the teen to Hawaii.
"Business men and women in New York know instinctively that they are taxed too much, the regulatory climate is too onerous," Perry said during a radio interview with New York Post columnist Fred Dicker on Tuesday. Cuomo over the issues that face us as a state and talk about the economic policies and compare New York to Texas, "Perry said.
NEW YORK— Amsterdam wants to create an online game to get unemployed young people engaged in finding jobs across Europe. The cities are among 21 finalists vying for millions of euros in a new government-innovation contest devised by former New York Mayor Michael Bloomberg, his foundation announced Wednesday.
LONDON- Bank of England will release the minutes of April Monetary Policy Committee meeting- 0830 GMT. HELSINKI- Finnish Prime Minister Jyrki Katainen, Finance Minister Jutta Urpilainen and The Finns Party leader Timo Soini participate in a election debate- 1300 GMT.
NEW YORK, April 22- AT&T Inc on Tuesday raised its forecast for full-year revenue growth to reflect its acquisition of LEAP wireless in March and the popularity of a new handset pricing model that charges customers for devices separately from their wireless plans.
The company, which is controlled by Universal Music Group and Sony Music Entertainment, hit a monthly average of nearly 6 billion views in December, a 46 percent rise from a year earlier, said Rio Caraeff, the chief executive officer.
WASHINGTON, April 22- U.S. Supreme Court justices appeared skeptical on Tuesday about online TV service Aereo Inc's position in a copyright dispute with major broadcasters, but several raised concerns about how a ruling against the startup could affect cloud computing services.
Costco Wholesale Corp. fell$. 54 or. 5 percent, to $113.56. Target rose$. 56 or. 9 percent, to $60.32. Wal-Mart Stores Inc. fell$. 04 or. 1 percent, to $77.56.
April 22- AOL head of communications Peter Land left the company on Tuesday after a year working there, marking the latest public relations executive to depart the company. AOL Inc attributed Land's departure to a reorganization of the communications department.
Some of the biggest names in Corporate America, including Coca-Cola Co, General Motors Co, United Technologies Corp and McDonald's Corp all in the past week reported strong results from their China operations.
NEW YORK— Yum Brands reported a higher-than-expected profit for its first quarter highlighted by a rebound in KFC sales in China, where concerns about the safety of the chain's chicken supply eased. The company, which also owns Taco Bell and Pizza Hut, said Tuesday that sales at established locations in China rose 9 percent for the period.
NEW YORK— Gilead Sciences said Tuesday that sales of its hepatitis C pill Sovaldi totaled more than $2 billion in its first full quarter on the market, and it said quarterly net income tripled. The company reported $2.27 billion in first-quarter sales of Sovaldi, which was launched in the U.S. during December and was approved in Europe in January.
April 22- David Einhorn's Greenlight Capital Inc closed the firm's money-losing short position in Chipotle Mexican Grill Inc, the $10 billion hedge fund said in a letter to clients on Tuesday, and the firm has started shorting a group of momentum stocks that he did not identify.
April 22,- The well-known Los Angeles- based bankruptcy law firm Stutman Treister& Glatt, which once advised on the Chapter 11 proceedings of companies including Lehman Brothers and Enron Corp, has announced it is closing.
April 22- At any given time, the acquisitive chief executive of Valeant Pharmaceuticals Inc is brokering multiple deal discussions and eyeing as many as 50 buying opportunities. Pearson's latest target, with help from activist investor Bill Ackman, is Allergan Inc, maker of anti-wrinkle treatment Botox.
NEW YORK— Stocks that moved substantially or traded heavily Tuesday on the New York Stock Exchange and the Nasdaq Stock Market:. Harley-Davidson Inc., up $4.33 to $71.87. The Interpublic Group of Cos. Inc., up 49 cents to $17.36.
NEW YORK, April 22- Texas businessman Sam Wyly took the stand in his civil trial in New York on Tuesday and denied U.S. Securities and Exchange Commission claims that he and his brother used a complex network of offshore trusts to conceal years of stock trades and net $550 million in undisclosed profit.
The company's first-quarter net income was $3.7 billion, or 70 cents per share, compared with $3.7 billion, or 67 cents, a year earlier, when AT&T had more shares outstanding. Adjusting for one-time items, including costs related to its March acquisition of Leap Wireless, income was 71 cents per share, compared with 64 cents in the same period last year.
NEW YORK— Unrest in Ukraine pushed up prices for corn and wheat Tuesday. Wheat rose 4 cents, or 0.6 percent, to $6.80 a bushel. Ongoing tensions between Ukraine and Russia have rattled wheat prices this year.
NEW YORK— Ellen DeGeneres is making a furniture design competition series for the HGTV network. HGTV said Tuesday that "Ellen's Design Challenge" is expected to air sometime next year. It will feature six competitors who sketch, design and build furniture within 24 hours, and will play out over six episodes.