Bank of America settles mortgage case for 335 million
Illinois Attorney General Lisa Madigan and federal officials announce a 335 million national settlement with Bank of America over Countrywide lending discrimination. About 15 000 African American and Latino Illinois borrowers are eligible for payments. nationwide roughly 200 000 borrowers affected. An independent administrator will distribute funds to victims identified by the DOJ.
MENTIONED IN THIS ARTICLE
Washington
Illinois
Lisa Madigan
Bank of America Corp
Countrywide
Natalie Bauer
Madigan
Bauer
California
Bank of America
Charlotte
N.C
Justice Department
Usdoj.gov
Countrywide Financial Corp
Countrywide Home Loans Inc
Full Spectrum Lending Inc
FAA sets rules for sleepy pilots update
The FAA issued updated airline pilot work rules to curb fatigue, aiming to reduce fatigue related errors from night shifts and time-zone travel. Carriers have two years to comply. industry groups estimate costs of hundreds of millions over a decade, with safety benefits debated.
MENTIONED IN THIS ARTICLE
Washington
New York
Federal Aviation Administration
Ray LaHood
FAA
Economy gains momentum as 2011 ends on high note
The economy shows breadth of improvement with lower unemployment 8.6 percent, job gains for five straight months, and strong consumer spending. Gas prices ease while inventories rise and housing shows tentative recovery signals with 4.4 million existing sales rate and a 9 percent jump in new construction in November.
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Europe
United States
Congress
National Federation of Independent Business
AG Salesworks
Norwood
Mass
Motorola
Paul Alves
Alves
Conference Board
Jim Newman
Acquity Group
AAA
National Association of Realtors
Holiday shoppers drive varied gains ahead of Christmas
The holiday season shows stronger than expected spending with November through Saturday up 2.5 percent from last year. Online sales total nearly 32 billion dollars, up 15 percent, while projections by ShopperTrak comScore and the National Retail Federation foresee continued strength into the final week and beyond.
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New York
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comScore
National Retail Federation
Dow Industrials
Dow Transportation
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NYSE
S&p
S&p MidCap Wilshire
Russell
Stock Exchange
Nyse Amex Naspaaq
Delphin
BioTime
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Actuant
ATS Corp
Sinovac
Chinaded
NTS Rity
TaylorCap
Csvellvsts
Alcoa
Phazar
RareEleg
MagyarBc
E-House
NetSuite
GoldenMin
HallwdGp
Informat L&lengy
Prushmex
BroadSoft
DrxHerBear
Univ Insur
Seanrgy Rs
Oracle
AschMotn
GenElec
GoldStrg
NwGoldg
SPDR
Fordm
CheniereEn
Cisco
Ishr2k
NovaGlog
Yahoo
Ishemkts
GranTrrag
Intel
Pfizer
Micront
Citigross
Rentech
AplidMail
EMC Cp
Antaresp
Vjamr
LNB
Enco At&t Inc
Limited
AlcatelLuci ' S
Lowes NY
Alcoa NY
McDnids
Agreet NY
Micront Nasd
ApriMat Nasd
NokiaCp NY
CVS Care
Nordsons Nasd
Cedarf NY
Northrops NY
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Ford
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Goodrich
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Yahoo Nash
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PIMCO
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The
Associated Press
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Harvard Park
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