Business Bankruptcies: 2011 Will Likely Follow 2010 Lower

In another bit of good economic news, the list of U.S. business bankruptcies will likely get shorter, and probably less distinguished, in 2011, just as it did this year. Still, several factors beyond an improving economy are al…

Bank of America Fined for Harassing Ex-Homeowners

Michael and Dolores Kirkbride of North Carolina settled their debt with Countrywide, but the bank and later its new owner, Bank of America, kept calling to demand payment — hundreds of times. A judge has fined BofA for its egr…

Former Jewelry Company Owner Charged with Fraud

Ralph Esmerian, the former owner of rare-jewelry seller Fred Leighton, was arrested Monday on charges on fraud and embezzlement. The New York district U.S. Attorney’s Office claims his illegal activities caused the company to f…

Americans Are More Likely to Skip Health Care

An survey of 11 industrialized nations finds adults in the U.S. are by far the most likely to go without health care or skip filling a prescription because of costs, due to a high-cost health care system that lags behind those …