Daily Journal masthead
follow in feedlyrss feed
Stories with subject: Financial services
  • Legislatures consider special protections for gun industry 
    Updated: Feb-08-16 9:43 pm

    TOPEKA, Kansas - A terse letter from Andrew Clyde's credit card-processing company explained it was discontinuing his corporate account because his Georgia firearms business "no longer met our underwriting guidelines." In a panic, Clyde called three other companies, which denied him, too.

  • Lawmakers unveil California health plan tax proposal 
    Updated: Feb-08-16 9:24 pm

    SACRAMENTO, California - The California Legislature on Monday unveiled a bill imposing a new tax on health insurance plans that would prevent a massive $1.1 billion hole in the state budget.

  • Alaska, Oregon lift suspension of insurance carrier 
    Updated: Feb-08-16 7:35 pm

    JUNEAU, Alaska - Insurance regulators in Alaska and Oregon announced Monday that a company that had been suspended from offering health insurance policies in the states over concerns with its financial condition will be allowed to resume that business.

  • Banking firm settles with state over failed Missouri plant 
    Updated: Feb-08-16 5:07 pm

    COLUMBIA, Missouri - An investment banker will pay $850,000 as the last settlement involving lawsuits over bonding for a failed Missouri sweetener factory, Missouri Secretary of State Jason Kander announced Monday.

  • Trial opens for Utah businessman at center of scandal story has photos
    Updated: Feb-08-16 5:00 pm

    SALT LAKE CITY - A Utah businessman who made headlines as a helicopter-flying philanthropist before he became a key figure in an influence-peddling scandal that ensnared two former attorneys general went on trial for fraud on Monday, acting as his own attorney.

  • Self-employed ineligible for health subsidies fear costs 
    Updated: Feb-08-16 2:58 pm

    PITTSBURGH - George Banyas is self-employed, having run a successful optometry business in Richland for the past 15 years. He and his wife have two children, both in their early 20s and attending college.

  • Yellen will testify amid predictions of slower rate hikes 
    Updated: Feb-08-16 11:17 am

    WASHINGTON - Things looked so clear back in mid-December. The Federal Reserve raised its benchmark interest rate from record lows, and it signaled the likelihood of four more hikes in 2016.

  • New Hampshire borrowers to share in mortgage settlement 
    Updated: Feb-08-16 10:54 am

    CONCORD, New Hampshire - New Hampshire is part of a $470 million multi-state settlement with banking giant HSBC over mortgage lending and foreclosure abuses.

  • Russia's central bank revokes licenses of 2 banks 
    Updated: Feb-08-16 8:29 am

    MOSCOW - Russia's Central Bank effectively closed down two of the country's smaller banks Monday after it revoked their operating licenses, its latest effort to consolidate the sprawling banking sector.

  • Construction execs to pay back feds in $19M fraud scheme 
    Updated: Feb-08-16 6:47 am

    PHILADELPHIA - Two Pennsylvania construction executives have been ordered to pay the government $1 million each after admitting they fraudulently funneled nearly $19 million in federally funded projects to a family firm.

  • Michigan getting more than $3.5 million in HSBC settlement 
    Updated: Feb-08-16 6:11 am

    LANSING, Michigan - Michigan is getting more than $3.5 million as part of banking giant HSBC's $470 million settlement with states and the federal government over mortgage lending and foreclosure abuses.

  • The Latest: Eli Manning outshone many ads on social media story has photos
    Updated: Feb-07-16 11:05 pm

    NEW YORK - The latest developments in Super Bowl commercials before, during and after the Big Game:

  • Correction: Genworth-Layoffs story 
    Updated: Feb-07-16 5:48 pm

    RICHMOND, Virginia - In a story Feb. 6 about layoffs at Genworth Financial Inc., The Associated Press reported erroneous numbers and misidentified a company spokesman. The total number of layoffs is 330, not approximately 400, with 70 of those in Richmond and 200 in Lynchburg - not between 75 and 100 in Richmond and 39 in Lynchburg. The figures came from spokeswoman Julie Westerman, not Al Orendorff.

  • More than 200 Rhode Islanders to be paid for HSBC settlement 
    Updated: Feb-06-16 3:57 pm

    PROVIDENCE, Rhode Island - Rhode Island officials say homeowners who were victims to banking giant HSBC's abusive lending practices may be eligible for relief under a mortgage abuse settlement.

  • NY gov moves to stop gay 'conversion' therapy for minors 
    Updated: Feb-06-16 1:24 pm

    NEW YORK - New York is taking steps to stop therapists from trying to change young people's sexual orientation, joining a number of states that have taken action against what's known as "conversion therapy."

  • Agreement reached with HSBC to address mortgage abuses 
    Updated: Feb-06-16 2:15 am

    SIOUX FALLS, South Dakota - Attorney General Marty Jackley says South Dakota borrowers will receive money as part of a $470 million joint state-federal settlement with mortgage lender and servicer HSBC to address mortgage origination, servicing and foreclosure abuses.

  • Jury finds former Viking Voigt guilty of bank fraud 
    Updated: Feb-05-16 10:05 pm

    MINNEAPOLIS - Former Minnesota Vikings tight end Stu Voigt has been found guilty of one count of bank fraud.

  • HSBC reaches $470M deal with US, states over banking abuses 
    Updated: Feb-05-16 6:10 pm

    WASHINGTON - Banking giant HSBC has reached a $470 million settlement with the federal government and nearly all states over mortgage lending and foreclosure abuses that officials say helped intensify the country's economic meltdown, the Justice Department announced Friday.

  • Energy loans likely to cause further losses for big banks 
    Updated: Feb-05-16 12:52 pm

    NEW YORK - The nation's six largest banks have hit an oil slick.

  • Italian banks hit by concerns over bad loans 
    Updated: Feb-05-16 12:31 pm

    MILAN - Italian banking shares are getting battered this year as the government tries to bundle and dispose of billions of euros in bad loans while attempting to reform and consolidate the ailing sector.

  • Friday's jobs report could ease US recession fears. Or not. 
    Updated: Feb-05-16 3:46 am

    WASHINGTON - U.S. manufacturing is shrinking, corporate profits are declining and goods are piling up on warehouse shelves. Those trends have elevated concern that a U.S. recession may loom in the next year or two.

  • State officials say insurance exchange enrollment numbers up 
    Updated: Feb-04-16 9:09 pm

    DOVER, Delaware - State officials say figures provided by the federal government show that more Delawareans are selecting health care coverage under the Affordable Care Act.

  • Skvarla pitches broadband, crowdfunding, venture capital 
    Updated: Feb-04-16 6:35 pm

    RALEIGH, North Carolina - North Carolina's commerce secretary says rural and small-town economies won't grow without access to high-speed Internet.

  • NC insurance commissioner criticizes health care law 
    Updated: Feb-04-16 12:40 pm

    RALEIGH, North Carolina - North Carolina's insurance commissioner says he's concerned that the federal health care law is causing havoc in the insurance market in the state.

  • TD Ameritrade buying FA Insight to help investment advisers 
    Updated: Feb-04-16 10:23 am

    OMAHA, Nebraska - Online brokerage TD Ameritrade is acquiring research firm FA Insight, so it can better help investment advisers it serves analyze markets and their businesses.