Tag: Financial services
Feds dropping case against former Wilmington Trust execs
DOVER, Del. — After being dealt a stunning setback by an appeals court, federal prosecutors in Delaware have declined to retry four former executives...
In crosshairs of ransomware crooks, cyber insurers struggle
BOSTON — In the past few weeks, ransomware criminals claimed as trophies at least three North American insurance brokerages that offer policies to help...
Bidding war speculation gives UK’s Morrisons shares a boost
LONDON — Shares in British supermarket chain Morrisons spiked by 11% on Monday as investors priced in the possibility of a bidding war for...
Fortress-led group to buy UK’s Morrisons for $8.7 billion
LONDON — Morrisons, the U.K.’s fourth-largest supermarket chain, has accepted a 6.3 billion-pound ($8.7 billion) takeover bid from a group of buyers led by...
Fortress-led group to buy UK’s Morrisons for $8.7 billion
LONDON — Morrisons, the U.K.’s fourth-largest supermarket chain, has accepted a 6.3 billion-pound ($8.7 billion) takeover bid from a group of buyers led by...
Boy Scouts of America reaches pivotal agreement with victims
DOVER, Del. — The Boys Scouts of America have reached an agreement with attorneys representing some 60,000 victims of child sex abuse in what...
San Francisco Fed’s Daly: Healthy economy needs less support
WASHINGTON — With interest rates ultra-low even as the U.S. economy swiftly improves, Federal Reserve officials are divided over how quickly they should adjust...
Boys Scout bankruptcy plans angers some, welcomed by others.
NEW YORK — An $850 million agreement by the Boy Scouts of America to compensate sex-abuse victims prompted outrage Friday from some survivors and...
GOP candidate’s private equity resume draws scrutiny in Va.
RICHMOND, Va. — Newly retired, Judy Pavlick was among hundreds of seniors who enjoyed the low cost-of-living and friendly atmosphere at Plaza Del Rey,...
GOP candidate’s private equity resume draws scrutiny in Va.
RICHMOND, Va. — Newly retired, Judy Pavlick was among hundreds of seniors who enjoyed the low cost-of-living and friendly atmosphere at Plaza Del Rey,...