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Citibank Under Investigation: CFPB Probes Student Loan Services

Citibank admits being under investigation for student loan practices. CFPB refuses to comment regarding the investigation.

Aug 06, 2015 12:00 AM EDT


Giant coal company Alpha Naturals seeks bankruptcy court protection

Alpha Natural Resources will file for bankruptcy court protection to allow them to continuously restructure their operation as well as their debt. The company believed that there is still future for them and the U.S. coal industry if they could cut down $3 billion of the company's debt.

Aug 05, 2015 11:56 PM EDT


Baltimore Homes Price Down, Rentals Up

Home prices in Baltimore plummeted but rentals soar due to numerous stall foreclosures. Sam Khater, deputy chief economist of CoreLogic, disclosed that in May alone 13.6% of the transactions belong to the real estate owned foreclosure.

Aug 05, 2015 11:09 PM EDT


White House hosts first-ever Demo Day for startups; KIND founder Daniel Lubetzky invested $3M on three startups owned by women

Daniel Lubetzky announced in the White House Demo Day that he's funding three health food startups; 479 Degrees, GimMe Health Food and EatPops.

Aug 05, 2015 1:30 AM EDT


Greek stock market plunges sharply after re-opening

Greece's stock market plummeted when it re-opened Monday. The biggest casualties were banks which shed 30%.

Aug 04, 2015 11:56 PM EDT


New Yorkers not ok with $4B La Guardia Airport renovation

New Yorkers are asking why La Guardia Airport is scheduled for an upgrade worth 4 billion dollars when the city's public transport system is in bigger need of repair.

Aug 03, 2015 9:50 PM EDT


Iran plans to buy 90 jets per year: old fleet to be renovated

Iran plans to rebuild its aged fleet by purchasing 90 planes per year from Boeing and Airbus, as soon as Western economic sanctions are lifted.

Aug 03, 2015 9:00 AM EDT


Breaking the glass ceiling in China: How Zhou Qunfei of Lens Technology became the only self-made richest woman in China

Lens Technology made a public offering last March with $7.2B. Behind the company is China's richest self-made entrepreneur, Zhou Qunfei.

Aug 03, 2015 1:58 AM EDT


University of Phoenix under FTC scrutiny for possible unfair business practices

After 4 years of GI Bill, the Federal Trade Commission is investigating University of Phoenix for possible deceptive and unfair business practices involving military veteran students.

Aug 03, 2015 1:53 AM EDT


Chime Communications board okays GBP365M cash offer

The sports marketing business major's shares rose over a quarter as Providence Equity Partners, WPP made an offer.

Aug 03, 2015 1:27 AM EDT


H&H Group acquired John Swan & Sons for £8.2M; shares soar by 15%

John Swan & Sons' shares went up by 15% when H&H Group officially announced they are purchasing the livestock services.

Aug 02, 2015 10:19 PM EDT


Tinder all set for an IPO in late 2015, says parent company IAC; Joey Levin named as IAC's new CEO

Dating app Tinder as well as other brands under the Match Group banner are headed for an IPO, according to parent company InterActiveCorp.

Aug 02, 2015 10:08 PM EDT