U.S. Representative Kevin McCarthy will bring a new blend of business connections to the top ranks of House leadership if, as expected, he’s elected today to replace Wall Street favorite Majority Leader Eric Cantor.
Doug Naidus made his fortune selling a mortgage company to Deutsche Bank AG months before the U.S. housing market collapsed. Now he’s found a way to profit from loans to business owners with bad credit.
Small-business workers getting health insurance through Obamacare were supposed to be able to choose their own plans. Instead, in more than half of states using the U.S.-run version of the program, employers will pick.