MLM Counties News. Notices. Need-to-know Information.

The College Board, the nonprofit group that administers the SAT college admissions test, and NCS Pearson Inc. have proposed giving $275 each to students who received erroneous scores in 2005. The payments would settle a class-action lawsuit filed against New ...

Wachovia Corp., the fourth-largest U.S. bank, sued jumbo-mortgage specialist Thornburg Mortgage Inc. for failing to return $5.12 million of collateral used in a derivatives transaction. The companies agreed earlier this month to unwind a series of interest rate swaps, the ...

BOSTON — A discovery order in a recent federal case in California has raised the possibility that companies will be responsible for producing an even deeper level of electronically stored information. In what is proving to be a controversial interpretation ...

Billionaire Eli Broad, who’ll help shore up Goldman Sachs Group Inc.’s Global Equity Opportunities Fund, said art prices will decline as a result of losses by hedge funds and other large contemporary art collectors. “Many of the buyers of contemporary ...

A measure of the U.S. economy’s future rose in July, led by gains in consumer confidence and stock prices that have since receded. The Conference Board’s leading economic indicator index advanced 0.4 percent, matching forecasts, after dropping 0.3 percent in ...

BOSTON — A discovery order in a recent federal case in California has raised the possibility that companies will be responsible for producing an even deeper level of electronically stored information. In what is proving to be a controversial interpretation ...

Money market funds were invented 37 years ago to offer investors better returns than bank savings accounts while providing a high degree of safety. Most of the $2.5 trillion sitting in these funds is invested in such assets as U.S. ...

Economists at Wall Street’s biggest bond trading firms are rushing to change their interest-rate forecasts after the futures market more accurately predicted the Federal Reserve’s surprise rate cut. JPMorgan Securities Inc., Daiwa Securities, UBS AG and eight other of the ...

Shareholders of Lear Corp., the third-biggest U.S. auto-parts maker, shot down a $37.25-a-share buyout offer from Carl Icahn in July, saying the stock might rise to $60. They may be regretting it now. Southfield, Mich.-based Lear and other North American ...

Drugmakers tripled their spending on U.S. marketing in the past decade to $30 billion a year, as government action against misleading advertisements declined, a study found. The spending was driven by print and TV ads to consumers, free samples and ...

Genetic tests may help identify which patients taking the widely used blood-thinning drug warfarin have a high risk of potentially fatal bleeding, U.S. regulators said. Doctors should consider lower dosing and more frequent monitoring for patients with certain genetic variations, ...