The predictions of housing analysts is that there is no chance the Republican leadership taking over the Senate will reach an agreement with Democrats and President Barack Obama to reform a system that guarantees affordable mortgages to most Americans.
Read More »Fed reviews bank supervision as Senate panel begins hearings
On the eve of a Senate hearing Friday into whether the Federal Reserve has been “captured” by the institutions it is supposed to regulate, the Fed announced a broad review of its supervision of the largest banks, and a top official acknowledged there’s a danger that examiners could be too easy on them.
Read More »Extension of lapsed tax breaks faces obstacles in Congress
U.S. lawmakers are trying to make a deal to extend dozens of lapsed tax breaks through 2015 and make a few of them permanent, said two Senate Democratic aides and a House Republican aide.
Read More »Crystal City Underground hit with municipal citations
The owners of Crystal City Underground have been cited by Jefferson County’s municipal court for not obtaining special event permits for two events held at the venue in October.
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Read More »Apple-Google no-poaching evidence triggers more antitrust suits
Evidence produced against Apple Inc., Google Inc. and some Silicon Valley cohorts about an alleged conspiracy not to recruit each other’s employees has sparked new lawsuits claiming other tech and entertainment companies engage in the same anti-competitive conduct.
Read More »U.S. said to pursue charges against other mortgage traders
The U.S. government is building potential securities fraud cases against more Wall Street mortgage-bond traders after winning a conviction this year against a former Jefferies Group LLC trader, according to two people with knowledge of the investigations.
Read More »Air-bag settlement deals keep details from crash victims
Confidential settlements over defective Takata Corp. air bags are sealing off relevant information that other victims could use to pursue injury claims.
Read More »Companies make year-end lobbying push to curb NSA spying
Trade groups representing Facebook Inc., Microsoft Corp. and Apple Inc. are pushing the Senate to pass legislation limiting National Security Agency spying before the Republican majority takes control of the chamber.
Read More »Bank of America gets U.S. Supreme Court review on mortgages
The U.S. Supreme Court agreed to hear two Bank of America Corp. appeals that seek to give lenders more leverage over homeowners who file for bankruptcy protection.
Read More »AT&T: Call for tight Web rules slows investment
President Barack Obama’s call for tighter Web regulation may push companies to follow AT&T Inc.’s lead in delaying investment in broadband as they prepare for prolonged uncertainty over U.S. government policies.
Read More »Landscaping business must come into compliance with UDO
A lawn grooming business that ran into some hurdles regarding a privacy fence ultimately won first-round approval of the rezoning the business requested at Monday’s county council meeting.
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