Argentine plan illegal, says US court
A US court said that the Argentine plan to get creditors to swap their defaulted bonds for new debt issued locally is illegal. According...
Many Americans rarely involve lawyers or courts in civil legal problems
A significant proportion of Americans rarely involve lawyers or courts when addressing life’s problems, many of which are also legal issues, a recent study...
BoA record settlement of 16.65 billion dollars
A BoA record settlement of $16.65 billion has been reached with the U.S. Department of Justice and State Attorneys General to resolve mortgage-related litigations...
Sears Q2 loss widened
Sears Q2 loss widened as the multinational retailer continues its 10-year struggle with dwindling sales. The company made a $573 million loss, or $5.39...
Australian economic outlook improved
June’s Australian economic outlook improved, with the country’s Leading Economic Index rising by 0.4% and its Coincident Economic Index increasing by 0.2%, says The...
HP Q3 profit down sales up
HP Q3 profit was markedly down to $985 billion compared to $1.39 billion in Q3 2013, but its sales increased by 1% to $27.6...
Peaceful Ukraine-Russia solution urged by Branson and business leaders
A Nobel Laureate and business leaders headed by Virgin mogul Sir Richard Branson are urging for a peaceful Ukraine-Russia solution. In an open letter...
Indian economic outlook down slightly in July
The Indian economic outlook, i.e. its Leading Economic Index, was slightly down (-0.2%) in July, after improving during the previous four months, says The...
Another Standard Chartered fine
A Standard Chartered fine of $300 million has been imposed by Benjamin M. Lawsky, Superintendent of Financial Services, New York. The penalty is for...
Home Depot Q2 sales improve
Home Depot Q2 sales increased to $23.8 billion, a 5.7% gain on fiscal Q2 2013. The world’s largest home improvement retailer posted net earnings...