The United States would be offering loans again through its Advanced Technology Vehicle Manufacturing loan facility.
Legal & Regulatory
DOTC defers bidding for proposed ticketing system of MRT, LRT
A Philippine regulator postponed the bid for a ticketing system to be used by the MRT and LRT. The Department of Transportation and Communications (DOTC) in the Philippines deferred the submission of bids for the ticketing system of the country's rail transportation systems.
Bank of America settles discrimination lawsuit for USD 160 million
The Merrill Lynch unit of Bank of America corp would pay USD 160 million to settle a discrimination lawsuit filed by African-American financial advisers.
Appeals court rules in favor of National Credit Union Administration for MBS claims
The US Court of Appeals in Denver ruled for the National Credit Union Administration and allowed it to use the extender statute to pursue its claims against big banks regarding MBS.
South Africa's Seven Sisters inks deal with Wal-Mart, ends apartheid legacy
Wal-Mart Stores Inc signed a deal to import South African wine label Seven Sisters in an agreement that ended the legacy of apartheid.
Latest News
The US Federal Communications Commission said it is working with CBS and Time Warner to bring an end to the blackout that affected their consumers.
The Federal Housing Finance Agency (FHFA) had pegged USD6 billion as settlement amount for the agency to stop seeking action against JP Morgan
The US Securities and Exchange Commission called rival exchange operators Nasdaq and NYSE to give details on the three hour trading halt which occurred last week.
Jodi Arias, convicted murderer, had a few more issues up her sleeve. In a decision that has social media implications, the judge presiding over the case of Jodi Arias had postponed the date for the sentencing of convicted killer.
The AMR-US Airways merger could be blocked by Federal regulators which had made JetBlue Airways the next target once the US Department of Justices succeeds in derailing the deal.
Former JP Mogran & Chase trader Javier Martin-Artajo had been released from policy custody after he had kept trading losses that cost the bank USD6.2 billion losses.
Miami-Dade police cancelled an Amber Alert of a little girl after discovering that it was a misunderstanding.
Mongolia would be replacing its 2012 law that puts limits on foreign ownership with a new measure that is more investor-friendly.
The U.S. Supreme Court dismissed a shareholder derivative lawsuit filed against UBS by pension plans in Puerto Rico.
