After a year of disappointing sales, Volkswagen has replaced the head of its U.S. sales operation. Jonathan Browning has been replaced as CEO of Volkswagen Group of America with Michael Horn, most recently head of the brand's after-sales division and ...
Dec 12 (Reuters) - Shares of Hilton Worldwide Holdings Inc , the world's largest hotel operator, rose 7 percent in their New York Stock Exchange debut on Thursday.
Merrill Lynch agreed to pay $13.8 million in penalties Thursday on charges brought by federal regulators that the bank misled investors in asset-backed securities prior to the financial crisis in 2008.
JPMorgan Chase is close to a $2 billion settlement with federal authorities to avoid prosecution for its failure to properly alert regulators of its suspicions about Ponzi scheme mastermind Bernard Madoff, according to reports.
As home prices rise and the economy recovers, fewer borrowers are falling behind on their mortgages, or at least on their primary mortgages.