The latest standouts for new tools, materials, and home-improvement products …read more
From:: DIY this old house
TOH Editors’ Picks: Handy Home Improvement Finds
Police raid ‘Panama Papers’ firm Mossack Fonseca: reports
Prosecutors in Panama have raided the offices of Mossack Fonseca, the law firm at the center of a tax-haven furor, media reports said Wednesday. During the operation on Tuesday, the team searched for evidence of money laundering and financial backing of terrorism, the Associated Press reported. The aim of the raids was “to obtain documentation linked to the information published in news articles that establish the use of the firm in illicit activities,” Panama’s attorney general’s office said, according to the BBC. Reports based in the millions of documents leaked from the firm began emerging just over a week ago, casting light on how rich and powerful people have been using offshore accounts and shell companies as tax havens. Mossack Fonseca has denied wrongdoing and has said its systems were hacked.
Market Pulse Stories are Rapid-fire, short news bursts on stocks and markets as they move. Visit MarketWatch.com for more information on this news.
From:: Stock Market News
Police raid ‘Panama Papers’ firm Mossack Fonseca: reports
Prosecutors in Panama have raided the offices of Mossack Fonseca, the law firm at the center of a tax-haven furor, media reports said Wednesday. During the operation on Tuesday, the team searched for evidence of money laundering and financial backing of terrorism, the Associated Press reported. The aim of the raids was “to obtain documentation linked to the information published in news articles that establish the use of the firm in illicit activities,” Panama’s attorney general’s office said, according to the BBC. Reports based in the millions of documents leaked from the firm began emerging just over a week ago, casting light on how rich and powerful people have been using offshore accounts and shell companies as tax havens. Mossack Fonseca has denied wrongdoing and has said its systems were hacked.
Market Pulse Stories are Rapid-fire, short news bursts on stocks and markets as they move. Visit MarketWatch.com for more information on this news.
From:: Stock Market News
Saudi oil minister plays down action on crude output: report
Comments on Wednesday from Saudi Arabia Oil Minister Ali al-Naimi played down the prospect of oil producers taking action on crude output at a key meeting on Sunday in Doha, Qatar. When asked about such action, al-Naimi said, “Forget about this topic,” according to a Reuters report citing comments from him published Wednesday in the Saudi-owned al-Hayat newspaper. Traders previously have closely watched for al-Naimi to suggest that an output freeze could happen, and that it might even represent the first step toward a collective cut in oil production.
Market Pulse Stories are Rapid-fire, short news bursts on stocks and markets as they move. Visit MarketWatch.com for more information on this news.
From:: Stock Market News
Panama Papers: Police raid law firm Mossack Fonseca’s offices
Prosecutors in Panama have raided the offices of Mossack Fonseca, the law firm at the center of a tax-haven furor, media reports said Wednesday. During the operation on Tuesday, the team searched for evidence of money laundering and financial backing of terrorism, the Associated Press reported. The aim of the raids was “to obtain documentation linked to the information published in news articles that establish the use of the firm in illicit activities,” Panama’s attorney general’s office said, according to the BBC. Reports based in the millions of documents leaked from the firm began emerging just over a week ago, casting light on how rich and powerful people have been using offshore accounts and shell companies as tax havens. Mossack Fonseca has denied wrongdoing and has said its systems were hacked.
Market Pulse Stories are Rapid-fire, short news bursts on stocks and markets as they move. Visit MarketWatch.com for more information on this news.
From:: Stock Market News
Appeals Court questions constitutionality of CFPB, attacks Director Cordray
The opening rounds started in the legal battle between PHH and the CFPB as the U.S. Court of Appeals for the District of Columbia Circuit heard oral arguments on Tuesday. Right now, it doesn’t look too great for the CFPB Director. One commenter on the hearing put it best calling the
oral argument the Super Bowl for the CFPB. …read more
From:: Real Estate Wire
Medivation shares rally as buyout offer reportedly rebuffed
Medivation Inc. shares rallied in the extended session Tuesday after the biotech reportedly turned down a buyout offer from French drugmaker Sanofi. Medivation shares jumped 9.1% to $49.90 after hours. The rebuffed offer was reported by Bloomberg, citing people familiar with the matter.
Market Pulse Stories are Rapid-fire, short news bursts on stocks and markets as they move. Visit MarketWatch.com for more information on this news.
From:: Stock Market News
Elizabeth Warren pushing CFPB for more oversight of nonbank mortgage servicers
In a letter sent Monday to Consumer Financial Protection Bureau Director Richard Cordray, Sen. Elizabeth Warren and Rep. Elijah Cummings called on the CFPB to increase its oversight of nonbank mortgage servicers, citing a report from the U.S. Government Accountability Office on the rise of nonbank servicers and CFPB’s lack of information about them. …read more
From:: Real Estate Wire
Fannie Mae announces latest sale of non-performing loans
Fannie Mae is offering up $1.527 billion in unpaid principal balance as well as $80 million through its Community Impact Pool for sale to qualified buyers. Fannie Mae says that selling severely delinquent loans can benefit communities and reduce risk for taxpayers. …read more
From:: Real Estate Wire
Fannie Mae announces latest sale of non-performing loans
Fannie Mae is offering up $1.527 billion in unpaid principal balance as well as $80 million through its Community Impact Pool for sale to qualified buyers. Fannie Mae says that selling severely delinquent loans can benefit communities and reduce risk for taxpayers. …read more
From:: Real Estate Wire