NEW YORK — MetLife is challenging its U.S. designation as a company that is “too big to fail,” a tag given to corporations that the government believes could pose a risk to the economy in the event of a collapse. ...Read More »
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A 130-year-old upstate New York hotel featured in an episode of celebrity chef Gordon Ramsay’s reality show “Hotel Hell” will be turned into an assisted living residence this year. The Post-Star of Glens Falls reports that Albany-based ICC Management and ...
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CLEMSON — Construction is underway at Clemson University on the largest project in the school’s history. The Greenville News reporte the $213 million Douthit Hills project includes housing for more than 1,600 students, a bookstore, dining hall, student center, restaurants ...Read More »
SEATTLE — The jumps, stomps and roars of fans cheering on the Seattle Seahawks have been known to shake the ground around CenturyLink Field. Now scientists will use expected fan quakes during Saturday’s playoff game against the Carolina Panthers to experiment with ...Read More »
WASHINGTON — Average U.S. mortgage rates started the year by dipping to new lows, with the benchmark 30-year rate marking its lowest level since May 2013. Mortgage giant Freddie Mac says the nationwide average for a 30-year fixed rate mortgage ...Read More »
WASHINGTON — First-time homebuyers whose home loans are guaranteed by the Federal Housing Administration would benefit from an Obama administration move to lower mortgage insurance premiums. Under the plan, the housing administration will reduce annual mortgage insurance premiums by 0.5 ...Read More »
NEW YORK — Safra Group and Brazil’s Cutrale completed their acquisition of Chiquita Brands International Inc. on Tuesday, taking the banana producer private. Chiquita, based in Charlotte, agreed in October to be acquired by investment firm Safra Group and juice ...Read More »
NEW YORK — Safra Group and Brazil’s Cutrale have completed their tender offer for banana producer Chiquita Brands International Inc. Chiquita, based in Charlotte, North Carolina, agreed in October to be acquired by investment firm Safra Group and juice company ...
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