Vodka seller Central European Distribution Corp., headed by Russian billionaire Roustam Tariko, filed for U.S. bankruptcy protection amid heavy bond debt and with a pre-approved restructuring plan aimed at cutting about $665.2 million in liabilities.
Four mortgage insurers will pay more than $15 million in penalties to settle claims they paid illegal kickbacks to lenders in exchange for business, the Consumer Financial Protection Bureau said today.
Going broke while dominating vodka sales in Russia and Poland may seem tough to do. A company founded by a Florida golfer, listed on Nasdaq Stock Market and until recently based in New Jersey, is almost there.
Dick Clark Productions Inc. , the television company founded by the former host of the “American Bandstand” variety show, is marketing debt as yields on U.S. corporate bonds fall along with Treasuries.
NFL Films President Steve Sabol, the artistic vision behind the studio that revolutionized the way professional football games are chronicled, has died after an 18-month battle with brain cancer. He was 69.
Jill Kelley, the Florida woman whose complaint about harassing e-mails opened an FBI investigation ensnaring two four-star U.S. generals, is known for hosting military officers at her waterfront home in Tampa -- across the bay from where New York Yankee Derek Jeter lives -- and once cooked alligator as a Food Network game-show contestant.
Randall Shepherd, a 36-year-old father of three who needs a new heart after childhood battles with rheumatic fever, is one of 98 Arizonans no longer eligible for state-paid transplants after Governor Jan Brewer and the Legislature eliminated funding.