Category: Business

CHICAGO, Jan. 18 (UPI) — Grain futures closed mostly higher Friday, posting gains for the week as the markets recovered further from monthly lows on the Chicago Board of Trade. Corn was

WASHINGTON–Six federal financial regulatory agencies today issued the final rule that establishes new appraisal requirements for “higher-priced mortgage loans.” The rule implements amendments to the Truth in Lending Act made by the

WASHINGTON, Jan. 18 (UPI) — U.S. safety regulators said automakers made 586 recalls totaling more than 16.2 million vehicles in 2012, slightly more than 2011 but less than 2010. The National Highway

WASHINGTON, Jan. 17 (UPI) — Residential construction starts and permits issued both rose sharply in 2012 over 2011, the U.S. Department of Commerce said Thursday. Project starts rose 28.1 percent with construction

A U.S. delegation will travel to Mexico City, Mexico, January 22-24, 2013, to discuss further strengthening the U.S.-Mexico bilateral economic relationship and increasing trade and the creation of jobs in both countries.

The United States and United Kingdom issued a joint statement regarding Global Positioning System (GPS) Intellectual Property today which affirmed their commitment to ensuring that GPS civil signals remain perpetually free and

Industrial production increased 0.3 percent in December after having risen 1.0 percent in November when production rebounded in the industries that had been negatively affected by Hurricane Sandy in late October. For

FOREST CITY, Iowa, Jan. 16, 2013 /PRNewswire/ — Winnebago Industries, Inc. (NYSE:WGO), a leading United States (U.S.) recreation vehicle manufacturer, has announced the appointment of Johnny Hernandez to the position of president of Winnebago Industries Towables, reporting directly to Winnebago Industries Vice

AMES, Iowa – Liang Dong held up a clear plastic cube, an inch or so across, just big enough to hold 10 to 20 tiny seeds. Using sophisticated sensors and software, researchers

Goldman Sachs and Morgan Stanley have reached agreements in principle with the Federal Reserve Board to pay $557 million in cash payments and other assistance to help mortgage borrowers. These agreements are

Microloans up to $35,000 aim to assist small farmers, veterans, and disadvantaged producers MEMPHIS, Jan. 15, 2013—Agriculture Secretary Tom Vilsack on Tuesday announced a new microloan program from the U.S. Department of

Term Asset-backed-securities Lending Facility (TALF) Helped Support Auto, Small Business, and Student Loans to Consumers and Businesses after Credit Markets Seized Up During the Financial Crisis WASHINGTON — Today, the U.S. Department

NASHVILLE, Jan. 14, 2013— During an address today to the American Farm Bureau Federation, Agriculture Secretary Tom Vilsack highlighted the unlimited potential of rural America, and also challenged rural Americans to embrace

WASHINGTON – The Federal Reserve Board on Monday issued two consent Cease and Desist Orders against JPMorgan Chase & Co., New York, New York (JPMC), a registered bank holding company. The first

Official data suggests China’s economy will pick up in 2013, as the global economy is stabilizing and government measures and reforms have come into play, analysts said. The government announced Thursday that

WILMINGTON, Del. — A Chinese national pleaded guilty last week to conspiracy to commit criminal copyright infringement and wire fraud. The individual operated a website used to distribute more than $100 million

KING OF PRUSSIA, Pa., Jan. 11, 2013—Agriculture Secretary Tom Vilsack visited a state-of-the-art bioindustrial facility at Renmatix today, where he announced $25 million to fund research and development of next-generation renewable energy

WASHINGTON, D.C. – Today the Consumer Financial Protection Bureau (CFPB) adopted a new rule that will protect consumers from irresponsible mortgage lending by requiring lenders to ensure prospective buyers have the ability to

Bullish trade data from China indicate that its growth is stabilizing, with analysts predicting that its stability will help to boost global economic growth. The annual growth of China’s foreign trade slowed

Despite the difficulties brought about by the euro debt crisis and slowdown of the world economy, China and Britain have achieved exceptional growth in bilateral economic and trade relations in 2012. Bilateral

WASHINGTON – As part of an effort to continue to attract smart, dynamic, capable people into the Foreign Service, the Department of State is releasing a new one-minute trailer and an accompanying

Former New Mexico Governor Bill Richardson traveled to North Korea this week on a private humanitarian mission. The delegation consisted of Governor Richardson, Google Executive Chairman Eric Schmidt, Dr. KA Namkung; Jared

WASHINGTON, D.C. — Today the Consumer Financial Protection Bureau (CFPB) issued final rules to strengthen consumer protections for high-cost mortgages and to provide consumers with information about homeownership counseling. The Bureau also

China’s consumer price index (CPI) rose 2.5 percent in December from a year earlier, data from the National Bureau of Statistics showed Friday. CPI increased from 2 percent in November and a

On Monday, January 14, 2013, the Federal Reserve will offer $3 billion in 28-day term deposits through its Term Deposit Facility.  As noted in the Federal Reserve Board’s September 8, 2010 release,

DES MOINES, Iowa – Iowa’s two largest utilities are being recognized for their work to help restore electric and natural gas service to thousands of utility customers on the East Coast who

Pyongyang (KCNA) — The New Year address made by the dear respected Kim Jong Un greatly encourages coal miners in the DPRK to radically increase coal output from the outset of the

WASHINGTON – U.S. District Court has set a January 29, 2013 hearing to consider BP Exploration and Production, Inc.’s guilty plea agreement. U.S. District Court Judge Sarah S. Vance has scheduled a

WASHINGTON – As required by the bipartisan Pedestrian Safety Enhancement Act of 2010 (PSEA), the U.S. Department of Transportation’s National Highway Traffic Safety Administration (NHTSA) is proposing that hybrid and electric vehicles

MINNEAPOLIS— Last week in federal court, United States District Court Chief Judge Michael J. Davis sentenced three individuals in connection to the multi-million-dollar Ponzi scheme orchestrated by Trevor Cook. Jason Bo-Alan Beckman,

WASHINGTON–Ten mortgage servicing companies subject to enforcement actions for deficient practices in mortgage loan servicing and foreclosure processing have reached an agreement in principle with the Office of the Comptroller of the

CINCINNATI—Curtis Boggs, 54, formerly of Harrison, Ohio, pleaded guilty in U.S. District Court to wire fraud and money laundering in connection with a scheme he promoted to bring a Grand Prix race

Pyongyang (KCNA) — CBS of south Korea Tuesday deplored the south Korean workers who greeted the New Year in a despair. The broadcasting said that dismissed workers of Ssangyong Motors are greeting

WASHINGTON—Florida-based American Sleep Medicine LLC has agreed to pay $15,301,341 to resolve allegations that it billed Medicare, TRICARE—the health care program for Uniformed Service members, retirees, and their families worldwide—and the Railroad

WASHINGTON – Transocean Deepwater Inc. has agreed to plead guilty to violating the Clean Water Act (CWA) and to pay a total of $1.4 billion in civil and criminal fines and penalties,

WASHINGTON, D.C. -American businesses hired a modest number of workers this past Decemebr even as a fiscal cliff approached. The number of unemployed persons, at 12.2 million, was little changed in December.

The Justice Department today announced a settlement agreement with Peroutka and Peroutka P.A., a debt collection law firm based in Pasadena, Md., to resolve allegations that the law firm violated the Americans

FOREST CITY, IOWA, January 2, 2013 – Winnebago Industries, Inc. (NYSE:WGO), a leading United States (U.S.) recreation vehicle manufacturer, has once again received Ford Motor Company’s “fully meets” classification as part of