GMAC, one of the nation's largest mortgage servicers, faced a quandary last summer. It wanted to foreclose on a New York City homeowner but lacked the crucial paperwork needed to seize the property.
NEW YORK-Itâ€™s three against one for James Murdoch. Thatâ€™s the latest tally of how many former News International executives have publicly accused the son of Rupert Murdoch of giving inaccurate testimony before Parliament last week.
TRIPOLI-Parties to the crisis in Libya remain deeply divided on how to reach a political solution to the conflict that has raged since February when an uprising flared up in a bid to oust the ruling regime, the United Nations envoy for the North African country, Abdul Ilah Al-Khatib, said today.
Congress has until a week from today to raise the debt ceiling, the cap on the amount of money the Treasury can borrow to pay the government's bills. As the clock keeps ticking, you may still have unanswered questions. How dire could the consequences of not raising the debt ceiling be? What are the possible […]
JAPAN-The head of the United Nations nuclear agency today visited the tsunami-damaged Fukushima nuclear power plant in Japan to gather first-hand information on the damage and repair operations, the International Atomic Energy Agency (IAEA) reported.
This month, the president of the United States angrily walked out of ongoing negotiations over the raising of the debt ceiling from its legislated maximum of $14.294 trillion dollars. This prompted a new round of speculation over whether the United States might default on its financial obligations. In these circumstances, it is useful to recall […]
OSLO-As the investigation continues, the death toll in the Norwegian city of Oslo has risen much higher. Reports are now coming in of at least 80 killed in the summer camp shooting and seven dead in the explosion that rocked the city center.
OSLO-Police moved to lock down a major portion of Oslo's city center after explosions rocked the area today. The massive explosions shattered windows in the Government tower that houses the offices of the Norwegian Prime Minister as well as those of other government buildings in the area. A car bomb is suspected as the source […]
According to tax records and other materials acquired by Bloomberg News, Koch Industries, Exxon Mobil, and numerous other corporations paid tens of thousands of dollars to write legislation for lawmakers that would repeal carbon pollution reduction programs in various states around the U.S.