Bloomberg
December 26, 2013 | Daily Business Review
Swiss Banks Employ Army Of Advisers For U.S. Amnesty PlanSwitzerland's 300 banks race to meet a Dec. 31 deadline on whether to seek U.S. amnesty for helping American clients evade taxes.
By Bloomberg News
4 minute read
December 24, 2013 | Daily Business Review
'Star Trek' Medical Faker Pleads Guilty to $25 Million ScamA Fort Lauderdale company is the victim of a scam to fund a fake telemedicine computer tablet named for Dr. Leonard McCoy on "Star Trek."
By Bloomberg News
3 minute read
December 24, 2013 | Daily Business Review
Mitsubishi Estate Sees First Rent Increase In Five YearsMitsubishi Estate, the owner of about 30 buildings in Japan's most expensive business district, plans to boost rents by as much as 10 percent when leases are renewed or new leases signed from next year.
By Bloomberg News
4 minute read
December 24, 2013 | Daily Business Review
Bankers Become Realists as Recovery Leaves Them SidelinedThe sustained slump in takeovers has flummoxed M&A bankers whose employment depends on the prospect of deals.
By Bloomberg News
7 minute read
December 24, 2013 | Daily Business Review
Wall Street Landlord Loses Round One In Ohio School Tax FightHedge fund Magnetar Capital LLC quietly bought a third of all rental homes in Huber Heights, Ohio, then applied for the largest reduction in residential property taxes in the county's history on more than 1,200 residences.
By Bloomberg News
7 minute read
December 24, 2013 | Daily Business Review
Red Lobster Split Seen As Wrong Recipe For DardenWith Red Lobster's same-store sales declining, Darden instead should focus on luring diners to boost returns over the long haul, according to some experts.
By Tara Lachapelle and Leslie Patton Bloomberg News
6 minute read
December 17, 2013 | Daily Business Review
Secret Inside BofA Office: Stall Needy HomeownersInstead of helping homeowners as promised under agreements with the U.S. Treasury Department, Bank of America stalled them, say nine ex-Urban Lending employees.
By Hugh Son Bloomberg News
18 minute read
December 10, 2013 | Daily Business Review
Volcker Rule Ushers in Era of Increased Oversight of TradesWall Street faces more intensive government scrutiny of trading after U.S. regulators issued what they billed as a strict Volcker rule, imposing new curbs designed to prevent financial blowups while leaving many details to be worked out later.
By Bloomberg News
9 minute read
December 02, 2013 | Daily Report Online
Apple Cleared in Smartphone Patent TrialApple Inc. the world's most valuable technology company, was found by a federal jury not to infringe the patent of a 70-year-old electrical engineer who claims he came up with the idea for the smartphone.
By Victoria Slind | Bloomberg News
9 minute read
November 18, 2013 | Daily Business Review
Geithner Joins Warburg in Shift to Buyouts From BailoutsAs he starts his career on Wall Street next year, former Treasury Secretary Timothy Geithner has chosen a buyout firm, New York-based Warburg Pincus LLC.
By Bloomberg News
7 minute read
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