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August 12, 2013 | Daily Business Review

Repeat Buyers Drive Home Sales As First-Time Buyers Lag

A growing share of repeat purchasers are driving the U.S. housing recovery, as appreciating property values and low mortgage rates give many the wherewithal to relocate. The same forces are also benefitting longer-term homeowners who had wanted to move and didn't want to sell until prices improved.
6 minute read
May 10, 2012 | Daily Business Review

Spain takes over Bankia, readies second bailout

Spain's bank bailout fund will convert its $5.8 billion of preferred shares in Bankia's parent company Banco Financiero y de Ahorros, or BFA, into voting shares
4 minute read
January 27, 2010 | Daily Business Review

As Bernanke awaits 2nd term, Fed mulls exit plan

Now that the U.S. economy is on the mend, the Federal Reserve this year can focus on how and when to pull back the stimulus money pumped out to fight the financial crisis. With his prospects for another term brightening, Fed chief Ben Bernanke will lead that effort.
6 minute read
July 13, 2012 | Daily Business Review

Sandusky scandal offers opportunity to learn lessons

Attorney Howard M. Talenfeld discusses the lessons all must learn from the Jerry Sandusky scandal and Florida's new law that requires educational institutions and their law enforcement agencies to report known or suspected child abuse.
4 minute read
July 03, 2012 | Daily Business Review

Apple settles name dispute in China for $60 million

Apple agrees to pay $60 million to guarantee it has rights to the iPads name in China.
5 minute read
June 16, 2011 | Daily Business Review

Women losing out on U.S. boards as Europe gets help from quotas

At a time when European companies are filling board seats with women, U.S. female directors are losing out.
4 minute read
November 15, 2012 | Daily Business Review

Geithner's money fund overhaul push sparks new industry outcry

U.S. Treasury Secretary Timothy Geithner urged the Securities and Exchange Commission to pursue new rules for money-market mutual funds, triggering fresh opposition from industry leaders who had beaten back similar proposals and are pursuing a weaker overhaul.
7 minute read
April 24, 2013 | Daily Business Review

Capital Sources: Banks Look For Ways To Make Non-Interest Income

More banks are generating revenue growth from fees and other types of non-interest income as low interest rates flatten profit margins on new loans.
5 minute read
January 11, 2010 | Daily Business Review

Crowell & Moring sued by two U.S. clients in airplane hijacking

Two American victims of the 1986 hijacking of Pan Am Flight 73 in Pakistan have sued Washington's Crowell & Moring over its demand that they share their multimillion-dollar award with other Flight 73 victims represented by the law firm.
4 minute read
September 24, 2013 | Daily Business Review

Loumiet's Lawsuit Against OCC Survives Motion To Dismiss

Miami attorney Carlos Loumiet sued the Office of the Comptroller of the Currency in 2012, three years after his exoneration on charges he helped hide illegal bank activity at shuttered Hamilton Bank.
4 minute read