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Twenty-four current and former Internal Revenue Service employees have been charged with stealing government benefits, federal prosecutors said Wednesday.
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May 2- International Paper Co, the largest producer of corrugated boxes in North America, posted a lower-than-expected quarterly profit on Thursday due to weak demand for food packaging and printing paper.
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May 2- International Paper Co, the largest producer of corrugated boxes in North America, posted a lower-than-expected quarterly profit on Thursday due to weak demand for food packaging and printing paper.
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President Barack Obama on Wednesday nominated a veteran Democratic congressman to oversee mortgage financiers Fannie Mae and Freddie Mac, a choice that could set up a contentious political debate over housing policy.
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*Commodities sell off; U.S., China manufacturing data weighs on oil. NEW YORK, May 1- Oil futures and U.S. stocks dropped on Wednesday as the latest economic data in the United States and China raised new doubts about the strength of the global economy.
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President Barack Obama on Wednesday nominated a veteran Democratic congressman to oversee mortgage financiers Fannie Mae and Freddie Mac, a choice that could set up a contentious political debate over housing policy.
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*Merck, MasterCard shares slide after earnings. NEW YORK, May 1- U.S. stocks fell sharply on Wednesday as the latest economic data continued a trend of indicators pointing to anemic growth while bellwether companies disappointed on revenue.
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President Barack Obama on Wednesday nominated a veteran Democratic congressman to oversee mortgage financiers Fannie Mae and Freddie Mac, a choice that could set up a contentious political debate over housing policy.
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President Barack Obama on Wednesday nominated a veteran Democratic congressman to oversee mortgage financiers Fannie Mae and Freddie Mac, a choice that could set up a contentious political debate over housing policy.
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*U.S. and China manufacturing data weighs on oil prices. Commodities remained sharply lower, with oil falling sharply after manufacturing data from both the United States and China, the world's two biggest energy consumers, raised new doubts about the strength of the global economy.
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*Merck, MasterCard shares slide after earnings. NEW YORK, May 1- U.S. stocks fell on Wednesday as the Federal Reserve's decision to stand pat on its current monetary stimulus was not able to offset weak economic figures and several lackluster earnings reports.
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*White House faced pressure to replace current FHFA chief. Representative Mel Watt, a longtime consumer advocate, to oversee mortgage financiers Fannie Mae and Freddie Mac, a White House official said.
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*White House faced pressure to replace current FHFA chief. Representative Mel Watt, a longtime consumer advocate, to oversee mortgage financiers Fannie Mae and Freddie Mac, a White House official said.
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*White House faced pressure to replace current FHFA chief. Representative Mel Watt, a longtime consumer advocate, to oversee mortgage financiers Fannie Mae and Freddie Mac, a White House official said.
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WASHINGTON, April 29- The U.S. Supreme Court said on Monday states are free to allow public records access only to their own citizens, delivering a blow to freedom of information advocates who had challenged a Virginia law. Various other states, including Tennessee, Arkansas and Delaware, have similar laws, although some do not enforce them.
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NEW YORK, April 26- Ambulatory Services of America Inc, a U.S. operator of healthcare facilities controlled by private equity firm Lindsay Goldberg LLC, has appointed Morgan Stanley to explore a sale, three people familiar with the matter said this week.
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WASHINGTON, April 26- George Jones, a classic country singer with a voice full of raw honky-tonk emotion and a life full of honky-tonk turmoil, died on Friday at age 81, his spokesman said.
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WASHINGTON, April 26- George Jones, a classic country singer with a voice full of raw honky-tonk emotion and a life full of honky-tonk turmoil, died on Friday at the age of 81, his spokesman said. Jones, whose career spanned more than six decades and included hits such as "He Stopped Loving Her Today" and "Window Up Above," died at Vanderbilt University Medical Center.
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In a budget proposal released earlier this month, the Obama administration raised the possibility of selling TVA as the company nears its federally mandated debt cap of $30 billion. Johnson, however, said TVA did not expect to reach the cap.
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*Decent demand in this week's $99 billion in debt supply. NEW YORK, April 25- U.S. There was decent demand for this week's offerings, which totaled $99 billion, despite a reticence from investors to buy these lower-yielding securities, which helped support the market.
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NEW YORK, April 25- U.S. Treasuries prices slipped on Thursday, as investors prepared for an upcoming $29 billion auction of seven-year notes, the last part of the government's $99 billion offerings of longer-dated debt this week.