U.S. Navy Federal Credit Union to pay $28.5 million over debt collection issues
WASHINGTON (Reuters) – U.S. consumer protection regulators ordered the Navy Federal Credit Union on Tuesday to pay $28.5 million in restitution and fines to settle civil charges alleging it made “false threats” about debt collection to its members.
Memphis boy’s quick thinking saves family from fire -report
(Reuters) – An 11-year-old boy was hailed as a hero on Tuesday after he helped his family escape a fire in their Memphis apartment, local media reported.
U.S. Supreme Court declines to hear tobacco arbitration dispute
WASHINGTON (Reuters) – The U.S. Supreme Court on Tuesday let stand lower court rulings allowing Pennsylvania and Maryland to keep tens of millions of dollars in a dispute with tobacco companies involving the massive 1998 settlement over deceptive marke…
With soaring demand come weaker assurances for U.S. municipal investors
NEW YORK (Reuters) – In July, investors gobbled up $1 billion of bonds from a financially-strapped Catholic hospital system in Illinois called Presence Health Network, even though it offered few contractual guarantees debt buyers typically require.
TV audience sharply down for second Trump-Clinton debate, despite tape furor
NEW YORK/LOS ANGELES (Reuters) – The television audience for the second debate between White House contenders Donald Trump and Hillary Clinton fell sharply from their first, record-breaking encounter, despite the drama caused by a 2005 video of Trump b…
Pennsylvania’s ‘Charlie Brown Christmas’ city gets artificial tree
NEW YORK (Reuters) – The cash-strapped Pennsylvania city that was ridiculed and then praised in 2014 for its scrawny “Charlie Brown Christmas” tree has decided to go artificial this year, gracing its town square with a brightly lit, factory-made model …
Takata tumbles after report company weighs U.S. bankruptcy filing
TOKYO (Reuters) – Shares of Takata Corp fell sharply on Tuesday after The Wall Street Journal reported late last week that the troubled Japanese air bag maker is weighing a U.S. bankruptcy filing as one option for clearing a path for an outside invest…
U.S. cautions air passengers on replacement Samsung Galaxy Note 7 phones
WASHINGTON (Reuters) – Airline passengers with replacement Samsung Electronics Galaxy Note 7 smartphones should power them down and not stow them in checked baggage due to a fire risk, the U.S. Federal Aviation Administration said on Monday.
Arizona ‘jihadist’ agrees to plead guilty to terrorism, conspiracy
PHOENIX (Reuters) – An Arizona teenager who the FBI said professed himself to be an “American jihadist” has agreed to plead guilty to terrorism and conspiracy charges stemming from a suspected plot to bomb a state motor vehicle office, court documents …
Obama declares major disaster in North Carolina from Hurricane Matthew
WASHINGTON (Reuters) – President Barack Obama declared a state of emergency in North Carolina on Monday after Hurricane Matthew roared through the state over the weekend, the White House said.
