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Corporate report - Herald TribuneVisteon Corp. -- The automotive supplier said Friday it would shift more than 2,000 workers to a four-day week and cut their pay by 20 percent as tight credit and collapsing sales cause huge industry losses. The moves will begin on Monday and affect ...
National business briefs: Investor group agrees to buy IndyMac Bank - Kansas City StarA seven-member group of investors has agreed to buy the remnants of failed lender IndyMac Bank , a symbol of the housing boom and bust, for $13.9 billion, federal regulators said Friday. A holding company led by Steven Mnuchin, co-chief executive of ...
NEWS IN BUSINESS: Wall Street rallies...GMAC gives up some financing ... - Grand Forks HeraldWall Street rallies: Wall Street started 2009 with a big rally Friday as investors, brushing aside a disappointing report on manufacturing, sent the Dow Jones industrials up more than 250 points and to their first close above 9,000 in two months. All ...
Business Highlights - WTOP RadioNEW YORK (AP) _ Wall Street started 2009 with a big rally Friday as investors, brushing aside a disappointing report on manufacturing, sent the Dow Jones industrials up more than 250 points and to their first close above 9,000 in two months. All the ...
Register for FREE - Wall Street JournalPlease register to gain free access to WSJ tools. An account already exists for the email address entered. Call InBev’s board proposal self-serving? Check. Play up experience, independence and sophistication of existing A-B board? Check. Make ...
Today's Mortgage Terms starting with U
Underwriting: It is the process of quantifying the risks involved in a specific loan and setting suitable terms and conditions for a mortgage.
URLA: Uniform residential loan application.
Usury: Interest charged in excess of the legal rate as established by law.
View all Terms