The 50 state attorneys general probing U.S. foreclosure practices will first settle with the five largest loan servicers, including Bank of America Corp. and JPMorgan Chase & Co. , Iowa Attorney General Tom Miller said.
Telekom Slovenije Group d.d., Slovenia’s state-owned phone company, increased the equity capital of its units by 7 million euros ($9.2 million) in the Republic of Macedonia, Montenegro, Bosnia-Herzegovina as well as its subsidiary in Slovenia.
Russell Runge, an assistant city manager in Missouri, hovered on the edge of a packed reception for economic-development boosters and automotive-industry executives in northern Michigan. Runge was seeking jobs.
The Republic of Macedonia became the first recipient of a new type of contingent credit line from the International Monetary Fund, obtaining as much as 476 million euros ($640 million) in case external financing dries up.