Canada’s Toronto-Dominion Bank is expanding its U.S. mortgage lending by holding loans on its books -- a business model U.S. banks are just starting to revive as policy makers seek to reduce the government’s dominant role.
As Bill de Blasio weighed a longshot run for New York City mayor, he needed help from people who shared his self-described activist-progressive views. He found it in a political consulting firm, hatched in a Manhattan sublet, where many on the staff are closer in age to his children than to him.
BP Plc, seeking to reduce potential water-pollution fines of as much as $18 billion, is trying to convince a judge that less oil spilled in the 2010 Gulf of Mexico disaster than the U.S. claims and that it capped the deep-sea gusher as quickly as possible.
New Jersey Governor Chris Christie will say next week how he’ll pay for the first phase of a 10 percent income-tax cut for the second-wealthiest U.S. state’s residents even as he deals with as much as $1.3 billion in higher costs for pensions and debt.
A New Jersey Supreme Court ruling on affordable housing for the poor may be the final blow to Governor Chris Christie’s plan to take control of a regulatory agency and, according to critics, save land for the rich.