The legislation passed Friday clears the way for a possible takeover of Maui Memorial Medical Center by the nonprofit Hawaii Pacific Health or another operator, the Honolulu Star-Advertiser reported. Maui region managers of the state's public hospital network have been discussing a possible takeover with Hawaii Pacific Health for about six months.» Read More
Putting himself on the side of fuming consumers, President Barack Obama is pushing Congress to send him legislation by Memorial Day that would put a tighter rein on the credit card industry.
Bernard Madoff's longtime secretary says she believes the disgraced financier is not cooperating with authorities to protect others.
Allen Stanford, the Texas billionaire facing civil fraud charges, attempted to turn himself in at the federal courthouse in Houston on Thursday, but was turned away because there is no warrant for his arrest, his lawyer said.
The Supreme Court heard arguments on Tuesday in a case that could change the way big banks are regulated.
Federal regulators have won a court order freezing the assets of financier Danny Pang, whom they accuse of defrauding investors of hundreds of millions of dollars.
The author of the Credit Cardholder Bill of Rights tells us how the legislation will help, despite what the credit card industry has to say about it.
The trustee unraveling Bernard Madoff's Ponzi scheme is threatening legal action to recover $735 million from investors who unwittingly made money off the swindle.
As Obama meets with top credit card execs, we debate why perfectly good credit users are being punished with higher rates and lower limits.
Banks have made it difficult for Congress to help homeowners negotiate lower monthly payments on mortgages and prevent higher credit card fees and interest rates.
An in-depth look at what life is like in pirate territory, with CNBC's Erin Burnett reporting from Cairo, Egypt.
Accused fraudster Allen Stanford is asking a federal court to lift a freeze on $10 million of his assets to pay for his legal defense.
Accused fraudster R. Allen Stanford "intends to fight" the civil charges against him, and is the victim of "unconstitutional" conduct by the federal government. Those words are in a letter to Stanford's employees—obtained by CNBC—written by Kathy Stoelker, the mother of Stanford's girlfriend.
The court-appointed receiver in the case of Texas financier R. Allen Stanford is suing 66 former employees of the firm, trying to recover $40 million dollars for victims of the alleged scam.
A Manhattan judge has given investors a green light to go after Bernard Madoff's personal property by forcing the disgraced financier into bankruptcy.
The differences between incorporating and forming an LLC - and why it matters.
The Long Island law student who is suing Bernie Madoff''s brother over the loss of his trust fund has a new and unlikely adversary: the bankruptcy trustee who is representing Bernie Madoff's creditors.
U.S. securities regulators will consider about 4 proposals to restrict short selling, a type of investing blamed for accelerating the severe downturn in financial services stocks.
The safety net provided by the corporate severance package is as crucial to many as ever, but it's in danger.
The depth of the recession and the use of taxpayer dollars to bail out companies have made it politically acceptable for overseers to tinker with employment agreements.
Former Enron CEO Jeffrey Skilling will be resentenced July 30, after an appeals court earlier this year ruled his 24 year sentence was too harsh.