Subway face scrutiny over inch-long sandwiches
A photo posted on Subway's Facebook page shows a footlong measuring 11 inches, prompting criticism of the world’s largest fast food chain. The New York Post found four of seven measured footlongs shorter than 12 inches. Subway says bread length varies and that it reinforces policies to ensure consistency across locations.
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New York
Subway
Australia
Subway Pls
Facebook
New York Post
Fewer U S homes repossessed in 2012
RealtyTrac data show banks reclaimed 671,251 homes in 2012, down 16.9 percent from 804,423 in 2011, amid slower new foreclosures and more short sales. Overall national foreclosure filings dropped 3 percent to 1.8 million, while Florida posted the highest rate at 3.1 percent.
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Los Angeles
U.S
RealtyTrac Inc
Realty- Trac
Florida
New York
California
Utah
AT&T upgrades Columbia Station 4G LTE site
In Columbia Township Lorain County residents gain faster mobile Internet as AT&T upgrades a Columbia Station cell site to expand 4G LTE coverage. Spokeswoman Holly Hollingsworth said smartphones tablets and similar devices will connect within seconds, boosting speeds and performance for area residents and businesses.
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Columbia Twp
Lorain County
At&t
Columbia Station
Holly Hollingsworth
Taxpayers to bail out U.S. banks again
Regulators reached settlements with Goldman Sachs Morgan Stanley and 10 other lenders including Bank of America JPMorgan Wells Fargo Citigroup MetLife Bank PNC Sovereign SunTrust U S Bank and Aurora to end robo signing foreclosures. The deals pay over 9 billion to homeowners but critics say the tax deductibility cushions banks while leaving victims undercompensated. Senators and consumer advocates warn taxpayers subsidize bank wrongdoing as protections fade.
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Goldman Sachs
Morgan Stanley
Bank of America
Jpmorgan Chase
Wells Fargo
Citigroup
MetLife Bank
PNC Financial Services
Sovereign
SunTrust
U.S. Bank
Aurora
Phineas Baxandall
U.S. Public Interest Research Group
Washington
U.S
Internal Revenue Service
Sen
Charles Grassley
Iowa
Wall Street
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Wamutinvam
Dodge & Cox IntlStk
Dodge & Cox Stock
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FrankTemp-Franklin Income A m CA
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Pimco TotRetAdm
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Banks seek tax relief amid costly mortgage settlements
Bankers press to deduct costs from settlements with regulators as debate grows over whether such charges are tax deductible. Regulators like the SEC have limited deductions, citing civil penalties and deterrence, a stance highlighted by Goldman Sachs 2010 $550 million settlement. Duke law professor James Cox notes firms weigh deductibility during negotiations.
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Bank of America
Citigroup
Securities and Exchange Commission
Goldman
Wall Street
SEC
James Cox
Duke University
Cox
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