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.
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.
Also cash flow from operations for the last nine months is about $3 billion. These guys are not short of cash. And also this: Our principal purpose for selling shares in this offering is to obtain additional capital.
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 ...
WASHINGTON (Reuters) - The Obama administration warned Congress on Thursday that the government could run out of borrowing authority needed to help pay its bills as soon as February if lawmakers do not swiftly raise the federal debt ceiling.