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.
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.
NEW YORK - China is stepping up its role as the lender of last resort to some of the world's most financially strapped countries.
AFP 528975454 A CLJ USA CA Shares of Twitter jumped on Monday after a prominent Wall Street analyst predicted CEO Dick Costolo's days at micro-blogging company are numbered.