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US seeks $864M from BofA over Countrywide loans

Written By Unknown on Minggu, 10 November 2013 | 23.40

NEW YORK — Federal prosecutors want Bank of America Corp. to pay about $864 million over losses incurred by the government after it bought thousands of home loans made by Countrywide Financial during the housing boom. U.S. attorney Preet Bharara made...
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Lady Gaga lends image to USA Today logo

Lady Gaga is lending some of her artistic eye and star power to USA Today's pages in advance of the singer's new album, "ARTPOP." USA Today says a logo featuring an image of a statue of the pop provocateur will appear in Monday's editions of the newspaper's...
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Here’s a primer on continuously variable transmissions

I read your column with interest each Saturday in a local newspaper and was wondering if you would be willing to comment on the pros and cons of continuously variable transmissions (CVT) and multi-geared transmissions. Absolutely! So that everyone...
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Cos. left to their own devices

Venture capital funding for one of the Bay State's key industries — medical device companies — is drying up, forcing startups to adapt and become mature quicker than in the past, according to industry insiders. "In terms of VC funding, we're really...
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Journalists in Syria face growing risk of kidnap

BEIRUT — Behind a veil of secrecy, at least 30 journalists have been kidnapped or have disappeared in Syria — held and threatened with death by extremists or taken captive by gangs seeking ransom. The widespread seizure of journalists is unprecedented,...
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Harvard's deficit soars to $34 million

BOSTON — Harvard University finance officials are pledging to manage costs better and pursue innovative revenue strategies after its deficit soared to $34 million in the most recent fiscal year, compared to a $7.9 million shortfall the previous year....
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Miami Herald writer freed from Venezuela custody

CARACAS, Venezuela — Venezuelan authorities on Saturday released a Miami Herald reporter they had detained two days earlier while he reported on the South American country's economic crisis. The Miami Herald reported on its website that Jim Wyss was...
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Housing 100 vets in 100 days

As the country honors its servicemen and servicewomen tomorrow, Navy veteran Tim Pollard will be able to mark the holiday this year in the comfort of his own home. The 62-year-old is settling into a Boston apartment thanks to a public/private initiative...
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Health law's troubles give GOP a much-needed boost

WASHINGTON — The health care law's seemingly endless problems are giving congressional Republicans a much-needed boost by helping them move past the government shutdown debacle and focus on a theme for the 2014 elections. Republicans' approval ratings...
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Mass. activists push for domestic worker rights

BOSTON — Employment rights activists are going to the Massachusetts Statehouse to call for stronger protections for domestic workers. They'll be pressing a legislative committee on Tuesday to pass a bill that would require employers of domestic workers...
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