Tag Archives: federal
Reports: Dow Chemical Ordered To Pay $1.2 Billion In Price-fixing Case
MIDLAND (dpa-AFX) – A federal judge asked Dow Chemical Co. (DOW) to pay $1.2 billion in a price-fixing case of urethane, a chemical used to make foam products Continue reading
Pras — Lauryn Hill Will Dodge Prison Time … Just Like Lindsay Lohan
Lauryn Hill is NOT going to federal prison for tax evasion — or at least that’s what her old Fugees bandmate Pras thinks … and when you hear his explanation it’s hard to argue with the logic.Pras was leaving Madeo yesterday when we asked about… Continue reading
U.S. stocks power to record highs, dollar firm
By Richard Leong NEW YORK (Reuters) – Wall Street stocks rose to record highs on Tuesday on hopes steady U.S. growth will extend their stellar run, while the strengthening dollar curbed the appetite for oil and gold. Continue reading
Last Call: FHA Mortgage Insurance Discount Set to Expire
By Julian Hebron of The Basis Point. NEW YORK (TheStreet) — The home loan product that carried low-down-payment consumers and the U.S Continue reading
Competition Bureau appeals dismissal of Toronto Real Estate Board case
The federal Competition Bureau has filed an appeal in Federal Court seeking to reverse the dismissal of its case against the Toronto Real Estate Board, which alleged the board was engaging in anti-competitive practices by limiting the kind of information its members can provide to clients. Continue reading
FERC grants JPMorgan power rehearing request
U.S. federal energy regulators on Friday granted a rehearing request for a unit of JPMorgan Chase & Co Inc on how the bank will comply with a six-month ban on physical power trading at market-based rates. Continue reading
Lawsuit says Thermo Fisher deliberately concealed information: WSJ
(Reuters) – A lawsuit filed on Friday alleged that laboratory equipment maker Thermo Fisher Scientific Inc sold a Mexican plant last year without revealing that a drug cartel was operating there, the Wall Street Journal reported. The Reynosa, Mexico-based manufacturing facility, part of a larger deal between Opengate Capital Group LLC and Thermo Fisher, was occupied by gangsters from the Gulf Cartel, the Journal reported Saturday. The private equity firm filed the lawsuit in federal court in Los Angeles Continue reading
Was Lauryn Hill singled out among tax evaders?
Consider this tale of two tax evaders.The first is Mary Estelle Curran. She’s the 79-year-old Florida socialite who avoided taxes on more than $40 million through offshore accounts. Continue reading
Lauryn Hill — 3 MONTHS IN PRISON … For Tax Evasion
Lauryn Hill has been sentenced to spend 3 months in FEDERAL PRISON for tax evasion … even though she claims she paid off her nearly $1 million bill to Uncle Sam before sentencing. A judge in Newark, New Jersey dished out the sentence moments… Continue reading
Uncle Sam: Fannie Mae Financial Winner
NEW YORK (TheStreet) — The U.S. government was the big financial winner on Thursday, after Fannie Mae announced its first-quarter results would enable it to pay the U.S Continue reading →