WASHINGTON - Millions of people facing the cancellation of health insurance policies will be allowed to buy catastrophic coverage and will be exempt from penalties if they go without insurance next year, the White House said Thursday night.
Shares of Facebook have slipped 1.6% in morning trading after the social network announced it would offer 70 million shares for sale.
HONG KONG�Despite what has been a buoyant market for Chinese companies' share offerings in Hong Kong in recent weeks, shares in China Everbright Bank sank on their trading debut on Friday.
WASHINGTON - Treasury Secretary Jack Lew restarted the debt limit countdown clock Thursday, warning Congress that it has seven weeks to raise the nation's debt ceiling and "put an end to governing by crisis.
Ocwen Financial Corp. will provide $2 billion in principal reductions to underwater borrowers, as well as refund $125 million to almost 185,000 borrowers who lost their homes to foreclosure, under a settlement announced Thursday that resolves allegations ...