Ira Rennert and his investment firm were ordered to pay $118.2 million after being found liable for looting a magnesium company.» Read More
NEW YORK-- Electronic payments processor Global Payments said Tuesday that it has completed its $413 million acquisition of smaller client Accelerated Payment Technologies. Global Payments Inc. announced the deal in August. Global Payments shares finished at $41.79 on Monday.
CoreLogic, a private real estate data provider, also said Tuesday that prices rose 0.3 percent in August from July, the sixth straight monthly gain. Housing prices are rising in most areas, according to CoreLogic.
--U.S.-based drilling services provider and drilling products manufacturer Boart Longyear Ltd.. recently reduced its EBITDA guidance for the year, citing cuts in exploration spending budgets by mining companies, which we believe will lead to somewhat reduced liquidity.
SEATTLE-- Boeing Co.' s union of engineers and technical workers is expected to reject the aerospace giant's first contract offer when mail-in ballots are counted Monday evening. Union leaders for the Society of Professional Engineering Employees in Aerospace, or SPEEA, have recommended that its 23,000 members reject Boeing's four-year contract offers.
AMEX PAYING REFUNDS, FINES: American Express is paying $112.5 million in refunds and fines to settle regulators' accusations that it charged illegal late fees and deceived customers to pressure them to pay off old debts or buy extra credit card services. DECEPTIVE PRACTICES: Four federal agencies and Utah regulators reached settlements with the company.
WASHINGTON-- American Express is paying $112 million in refunds and fines to settle regulators' accusations that it charged unlawful late fees and deceived customers to pressure them to pay off old debts or buy extra credit card services. American Express is refunding $85 million to about 250,000 customers and is paying $27.5 million in civil fines.
VENTURA, Calif.-- A. 45- caliber gun once owned by Butch Cassidy has sold at auction in Southern California for $175,000. Cassidy, the infamous Old West bank robber, bought the revolver in a hardware store in Vernal, Utah, in 1896. He turned it over to Utah authorities in early 1900 in an unsuccessful attempt to gain amnesty.
WASHINGTON-- American Express Co. is paying $112.5 million in refunds and fines to settle regulators' accusations that it charged unlawful late fees and deceived customers to pressure them to pay off old debts or buy extra credit card services. American Express is refunding $85 million to about 250,000 customers and is paying $27.5 million in civil fines.
Mitt Romney said "There are 47 percent of the people who pay no income tax." Who are these people, and why are they exempt? Click to see which states have the highest number of people who pay no federal income tax.
Check out the major metropolitan housing markets with the most affordable homes for sale, counting down to number one.
For those who might like to own a town (and perhaps even give it a wacky new name) and have at least $250,000 to spend, here are eight options.
Which locations have Wall Street companies chosen for their mid-level operations? Read ahead to find out.
Some people may be surprised that Utah jumped to No. 2 in CNBC’s annual “America's Top States for Business” study, but I’m not, says CHG Healthcare Services President Scott Beck. Why? The corporate tax rate is geared to attract business, and the state also offers tax credits, and other incentives that promote business development and job creation,
The Lone Star State is tops again, displacing Virginia, which didn't even finish second this year. And who's last? Rhode Island.
The average U.S. home value is $147,300, but a professional athlete's home is anything but average. Read ahead to see 10 of the coolest athlete homes on the market.
Sports fans hold strong opinions about basketball salaries, but economics professor David Berri developed a statistical method to see which players are the most overpaid.
If you paid more taxes than you feel you should have, maybe you should think about living in a state with a lower tax burden. See which states qualify as American tax havens.
In cities like Denver, Salt Lake City and Albuquerque, inventory is down, traffic is up and prices are stabilizing.
CNBC.com ranks the 10 richest people who have sought the U.S. presidency since 1992. Check out the list!
Click on to see these luxurious mansions, ranked from least expensive to most, many of which are ski-in/ski-out.