NEW YORK (AP) - SAC Capital Advisors will plead guilty to criminal fraud charges, stop investing money for others and pay $1.8 billion - the largest financial penalty in history for insider trading - to resolve criminal and civil claims against the hedge fund giant, the government announced Monday.
You and your family have worked hard to purchase your home, any rental properties, or other real estate holdings. You qualified for that mortgage due to your income level, excellent credit rating, and financial history. But what would happen if something unexpected happened to you? Besides the emotional stress, a surviving spouse may experience a significant decrease in household income that could lead to foreclosure. That's why many banks and mortgage companies encourage homeowners to purchase mortgage life insurance.
SAN FRANCISCO (AP) - San Francisco Mayor Ed Lee on Monday touted the city's plans to revitalize the long-neglected Mid-Market neighborhood by luring tech companies like Twitter, which is set to go public this week.
SAN FRANCISCO (AP) - Twitter has built a digital town square that's teeming with activity but riddled with financial potholes. Seven years after co-founder Jack Dorsey sent the first tweet through the online messaging service, more than 500 million posts are shared each day by everyone from the Dalai Lama to Justin Bieber.
WASHINGTON (AP) - Johnson & Johnson has agreed to pay more than $2.2 billion to resolve criminal and civil allegations that the company promoted powerful psychiatric drugs for unapproved uses in children, seniors and disabled patients, the Department of Justice announced on Monday.
KANSAS CITY, Mo. (AP) - Greeting card giant Hallmark said Thursday that it shouldn't have changed the lyrics to "Deck the Halls" on a new holiday ornament that stirred a backlash from customers online.