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DHS Launches Landmark USCIS Fraud Investigation in Minnesota
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Business and Financial
Washington, D.C. The Securities and Exchange Commission has charged three former senior executives at IndyMac Bancorp with securities fraud for misleading investors about the mortgage lenders deteriorating financial condition. The SEC alleges that former CEO Michael W. Perry and former…
Washington, D.C. TD Ameritrade Inc. has been charged by the Securities and Exchange Commission for failing to reasonably supervise its registered representatives, some of whom misled customers when selling shares of the Reserve Yield Plus Fund, a mutual fund that…
City of Phoenix officials and Alsco's board of directors today opened a new 80,000-square-foot facility at 4707 W. Camelback Road, retaining 120 jobs in Phoenix with plans to expand to 200 over the next few years. Alsco is a recognized…
The Phoenix City Council Finance, Efficiency and Innovation Subcommittee met today for its first meeting of 2011 and approved another $7.7 million worth of savings for the city. Items the subcommittee members approved included eliminating 80 positions citywide for a…
The following is a summary only. Two years ago, the federal government assumed control of the ailing Federal National Mortgage Association (Fannie Mae) and Federal Home Loan Mortgage Corporation (Freddie Mac), two institutions that facilitate the flow of funding for…
WASHINGTON - The U.S. Government Accountability Office (GAO) cannot render an opinion on the 2010 consolidated financial statements of the federal government, because of widespread material internal control weaknesses, significant uncertainties, and other limitations. Even though significant progress has been…
WASHINGTON & CHARLESTON, W.Va.--(BUSINESS WIRE)-- United Bankshares, Inc. (UnitedÂÂÂ) (NASDAQ: UBSI) Chairman and Chief Executive Officer, Richard M. Adams, announced the signing of a definitive merger agreement with Centra Financial Holdings, Inc. (CentraÂÂÂ). The acquisition of Centra will afford United…
CUPERTINO, California Apple® announced that the Mac® App Store℠ will open for business on Thursday, January 6. By bringing the revolutionary App Store experience to Mac OS® X, the Mac App Store makes discovering, installing and updating Mac apps easier…
Dividend of $0.16 per share payable in March. REDMOND, Wash. Microsoft Corp. today announced that its board of directors declared a quarterly dividend of $0.16 per share. The dividend is payable March 10, 2011 to shareholders of record on February…
The past few years have seen a sharp rise in the debt of the federal government. At the end of fiscal year 2008, debt held by the public amounted to $5.8 trillion--equal to 40 percent of the nation's annual economic…
NEW YORK, N.Y. -- The National Association for Stock Car Auto Racing (NASCAR) and Molson Coors Canada, a division of MolsonCoors, today announced a partnership in Canada in which the Keystone Light brand will become the Official Beer of NASCAR…
Sunnyslope Village Center in north Phoenix was recently purchased by Whitestone REIT for $6.4 million. The center is located on the southeast corner of Central and Dunlap avenues and it accommodates approximately 112,000 square feet of retail space. The property…