Gene King News
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The U.S. health secretary’s solicitation of money from companies to promote the Affordable Care Act ended after two phone calls, to H&R Block Inc. and the Robert Wood Johnson Foundation, according to her spokesman.
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A toaster that burns the National Rifle Association’s logo onto bread fetched $650 at an auction last month, just one reflection of the money-making power in the gun group’s brand.
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As many as 100 million U.S. households, or two-thirds of the total, may not be able to file their tax returns until at least late March 2013 if Congress doesn’t reach an end-of-year budget agreement, according to the Internal Revenue Service.
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A unit of Bank of America Corp.’s Merrill Lynch was sued by a trust seeking more than $309 million in damages for alleged breaches of representations and warranties related to the sale of more than 5,000 mortgages.
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Removing the bank embedded in H&R Block Inc. would turn the biggest U.S. tax preparer into a potential takeover target.
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H&R Block Inc.’s decision to abandon its acquisition of the maker of TaxAct products is a victory for the U.S. Justice Department as it prepares for a trial to stop AT&T Inc.’s purchase of T-Mobile USA Inc.
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A group of mortgage-bond holders is organizing to force repurchases of soured loans by H&R Block Inc. ’s Option One Mortgage Corp. unit, according to a Dallas lawyer who is helping coordinate the effort.
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A lawyer representing mortgage- securities investors said they will send letters to a servicer and four bond trustees asking them to seek repurchases of loans made by H&R Block Inc.’s Option One Mortgage Corp.
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Roman Abramovich told a London court in a $6.8 billion-dollar fight with Boris Berezovsky that he didn’t seek an extravagant lifestyle with houses in France and the U.K. before he bought the Chelsea Football Club in 2003.
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H&R Block Inc., the biggest preparer of U.S. tax returns, won’t offer loans tied to the size of customers’ refunds.
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