Boca Raton News
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An OfficeMax Inc. shareholder sued to block a proposed $1.17 billion takeover by Office Depot Inc., calling the deal “grossly inadequate.”
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A Treasury Department official urged the U.S. financial-services industry to help the government identify cybersecurity threats to limit “technology’s potential for disruption and destruction.”
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Yarway Corp., a Tyco International Ltd. unit that makes industrial valves, sought bankruptcy court protection in the face of asbestos liability claims.
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McGraw-Hill Cos.’s Standard & Poor’s unit is set to take its first stab at fending off the U.S. Justice Department’s allegations that the company’s mortgage-backed securities ratings were fraudulent.
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Scooter Store Holdings Inc., a supplier of motorized scooters and wheelchairs throughout the U.S., filed for bankruptcy with a plan to sell virtually all of its assets.
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Tobacco bonds, which beat every group in the $3.7 trillion municipal market from October through March, are now falling behind as President Barack Obama’s plan to boost cigarette taxes threatens payments backing the debt.
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Office Depot Inc. and OfficeMax Inc., which agreed to merge in February, named board members from both companies to the committee to help choose a chief executive officer for the combined entity.
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When U.S. officials began collecting consumer complaints about credit cards, one goal was to identify patterns that could help them write rules protecting families with low and moderate incomes.
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Banks charged almost 2 percent in average fees on U.S. structured notes tied to stocks in the first quarter, the most for any three-month period in at least three years.
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History sometimes has a way of tying itself up with a little bow. That’s the way I felt in January when I introduced Scott Prouty, the bartender-turned- videographer who helped sink Mitt Romney’s presidential campaign, to Teddy Goff, the 28-year-old director of digital media for President Barack Obama’s re-election.
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