The New York Fed was looking more closely at mortgage real estate investment trusts, according to a report from the Financial Times.
United States
Blackstone president won't leave Blackstone despite third share sale
Blackstone Group President Tony James said he won't leave Blackstone despite share sale. Blackstone President Tony James said he was not looking for a career outside of the private equity industry.
Green Field Energy seeks bankruptcy protection
Oil service company Green Field Energy Services Inc filed for a Chapter 11 bankruptcy protection in a Delaware court.
NTT Communications to purchase Virtela Technology for USD 512 million- source
A source told Bloomberg that Virtela Technology Services would be bought by NTT Communications Corp for USD 512 million.
Patton Boggs to merge with bigger law firm- sources
Sources told Reuters that Patton Boggs was talking with another law firm for a possible merger. Sources told Reuters that Washington-based law firm Patton Boggs was in merger discussions with a larger law firm.
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An estimated USD 28 million worth of bitcoins was confiscated by authorities from the computer hardware of Ross William Ulbricht.
The construction of a fire escape led to the fire at Yuengling Brewery's Tampa, Florida plant. The fire that razed the storage building of Yuengling Brewery in Tampa, Florida was caused by the construction of a fire escape.
Yuengling Brewery would resume operations on Monday after Saturday's fire. The fire that hit Yuengling Brewery in its facility in Tampa, Florida would not affect the company's operations.
Several people have come forward claiming racial profiling after purchase of luxury goods from stores resulted in detention by NYPD upon complaint by high end retail stores.
In order to avoid the fiasco of Facebook on the NASDAQ, the NYSE ran simulated IPO tests to iron out glitches and kinks in its systems.
Obama, in a fundraising speech, said that the differences between Democrats and Republicans were exemplified in the recent budget impasse.
The highest fine was imposed upon United Continental as thirteen flights went beyond the three hour tarmac rule at O'Hare International Airport last July 13, 2012.
The US Justice Department scored a major win when a New York federal jury found the Countrywide unit of Bank of America guilty for mortgage fraud.
T-Mobile would provide up to 200 megabytes of free data downloads to those who would buy the latest Apple iPad.
