Around $541 million in settlement claims will be paid by Wells Fargo & Co to Fannie Mae for faulty home loans. This will complete the efforts of the government-controlled mortgage company to reacquire loans that were made prior to the financial crisis. Buyback settlements with eight banks have reached around $6.5 billion, according to Fannie […]
Warren Weinstein, a 72-year-old American kidnapped by al-Qaeda members in Pakistan back in 2011, has released a new video plea this Thursday, asking President Barack Obama to help negotiate his release. In the video, Warren Weinstein says he feels abandoned and forgotten by his government. Weinstein was the country director in Pakistan for J.E. Austin […]
The Korean Central News Agency revealed recently that Kim Jong Un has given instructions to increase the combat readiness of his military and warned that war may start without any earlier notice. The comments of the North Korean leader were made as he visited a combat military unit recently. The statement comes as the neighbors […]
Syria’s opposition coalition released a statement this Tuesday saying that it would not take part in the Geneva peace talks scheduled for next month if President Bashar al-Assad didn’t stop the constant bombarding of the rebel held part of Aleppo, Syria’s biggest city and former business capital. With a death toll that exceeds 300 people […]
Although Dennis Rodman was not able to meet with Kim Jong Un in his latest visit to North Korea, he praised the North Korean basketball players. The former NBA star provided assistance in setting up a possible exhibition game between a number of NBA veterans and North Korean basketball players. The names of the players […]
The $55 per share of Men’s Wearhouse will be declined by Jos. A. Bank, which had earlier made an offer to acquire the company a number of weeks earlier. The steps taken by Men’s Wearhouse revived the self-styled Pac-Man defense, which is a popular 80s strategy where companies attempt to acquire a former suitor. However, […]
Pussy Riot members Nadya Tolokonikova who is 24 years of age and Maria Alekhina who is 25 years old were prematurely released from prison. The three month reduced sentence came after the two members of Pussy Riot along with fellow band member Yekaterina Samutsevich were arrested after playing their “Punk Prayer: Mother of God Drive […]
US officials revealed that an investigation is being undertaken by the Pentagon on the possibility that six US troops may have been killed by enemy fire following a helicopter crash in Afghanistan last Tuesday. One official revealed that it remains uncertain how the soldiers were killed. It also has to be determined if the crash […]
US Secretary of State John Kerry indicated that the air defense identification zone of China will not discourage US military operations in the East China Sea. John Kerry added that additional unilateral actions should not be undertaken by China similar to its declaration in November 23. A confrontation between a Chinese military ship and US […]
Following the three-year re-auditing of the financial statements of Herbalife by PricewaterhouseCoopers , shares of the seller of nutritional supplements increased by at least nine percent recently as it went up to $75. The increase came after the disclosure of the company that it received its re-audited financials. It also deals a blow to William […]
PayPal Withdrawing Support For Kindle Fire, BlackBerry And Windows Phone
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