the-energy

New U.S. mortgage rules aim to stop wrongful foreclosures

The U.S. agency charged with protecting consumers' finances approved rules on Thursday that will help prevent wrongful home foreclosures, as the regulator continues to press on with reforming the country's massive lending market. The rules by the Consumer Financial Protection Bureau (CFPB), created in the aftermath of the U.S. housing bust that began in 2006, build on current regulations requiring a mortgage servicer to grant certain foreclosure protections to a struggling borrower once …

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New U.S. mortgage rules aim to stop wrongful foreclosures

the-energy

U.S. jobless claims rise marginally, factory orders decline

The number of Americans filing for unemployment benefits unexpectedly rose last week, while renewed job cuts in the energy sector boosted layoffs announced by U.S.-based employers in July. Despite the increases, the labor market remains healthy and will probably continue to support economic growth for the rest of this year

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U.S. jobless claims rise marginally, factory orders decline

the-energy

SunEdison says in talks for potential bankruptcy financing

SunEdison, which is widely expected to file for bankruptcy soon, said it needed about $310 million to stay in business, estimating a cash shortfall of $260 million by mid-June. SunEdison said it expected to secure

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SunEdison says in talks for potential bankruptcy financing

the-energy

Despite pay revolt, BP shareholders sticking with Dudley

By Karolin Schaps LONDON (Reuters) – The future of Bob Dudley at the head of BP seems untarnished by shareholders' unusual rejection of his pay package as 99.6 percent of them also backed his re-appointment and trust him to lead the company through a…

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Despite pay revolt, BP shareholders sticking with Dudley