To resolve U.S. tax charges, Israel's Bank Leumi has admitted that it helped over 1,500 U.S. account holders evade taxes. One of the largest banks in Israel, Leumi has offices in New York, Florida, Illinois and California.
Harold Hamm, the billionaire CEO of Continental Resources CLR -1.6% has proven that he is comfortable taking big risks. He is so bullish on oil prices that in late October and early November he monetized all his crude price hedges.
Procter & Gamble said it would sell soap brands Camay and Zest to Unilever for an undisclosed amount to focus on its faster-growing brands.
Sales of previously built homes slipped in November to their lowest level in six months as the supply of properties remained tight, an unexpected setback in what has shaped up to be a disappointing year for the housing market.
Exchange rates on Dec. 16 showed the ruble vs. the dollar. The ruble has plunged despite big increases in interest rates. Photo: Alexander Zemlianichenko � Associated Press file,.