Madoff Trustee Asking Court for Permission to Distribute more Money to Victims

Victims of imprisoned Bernard Madoff's Ponzi scheme could be getting back more of their stolen money. Irving Picard, the trustee in charge of liquidating Madoff's assets, is asking a New...

UPS sees Global Economy Getting Worse

NEW YORK – UPS expects the global economy to get worse before it gets better. Again. The world's largest package delivery company is more pessimistic about U.S. growth than many economists....

US Poverty on Track to Rise to Highest Since 1960s

The ranks of America's poor are on track to climb to levels unseen in nearly half a century, erasing gains from the war on poverty in the 1960s amid...

Capital One to Refund $150M to Customers to Settle Case

The new Consumer Financial Protection Bureau announced its first enforcement action today, with Capital One Bank paying $210 million to settle charges that it deceived credit card customers into buying...

One World Trade Center More Than Half Leased

NEW YORK -- The U.S. government has agreed to lease six floors of 1 World Trade Center, which ensures that at least half the tower will have paying tenants...

HSBC Compliance Chief, David Bagely, Steps Down amid Mexican Drug Cartel Scandal

WASHINGTON -- The chief compliance officer of Britain's HSBC says he is stepping down from that position after an investigation found that lax controls at the international bank allowed...

Discount Clothing Retailer Daffy’s to Liquidate

NEW YORK – Daffy's Inc., which sells national fashion brands at up to 80 percent off, is going out of business, a victim of a fiercely competitive landscape that...

Microsoft Abandons MSNBC.com after 16 Years Over Fears news site was Becoming too Left-Wing

Microsoft is pulling out of the joint venture that owned MSNBC.com, freeing the world's largest software maker to build its own online news service. One of the factors behind the...

Israel’s Richest Rabbis Become Savvy Businessmen

NETIVOT, Israel – One summer night, on the outskirts of a sleepy desert town, a who's who of Israel's elite gathered for an annual feast to honor a rabbi...

A Chase Customer with Alzheimer’s Accuses Bank of Stealing Over $100,000

A Louisiana man with Alzheimer's disease has filed a lawsuit against JPMorgan Chase, claiming an employee stole over $100,000 from his accounts and the bank refuses to give it...

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Israeli Startup Raises $11.5M to Improve Drone Precision Agriculture

https://www.youtube.com/watch?v=dRHy7js3sTA&feature=youtu.be Israeli startup SeeTree, which utilizes drones and artificial intelligence to enable precision agriculture for orchards, announced on Thursday that it has raised another $11.5...

Terrorist Attacks in Israel Decrease Sharply

BY CNAAN LIPHSHIZ (JTA) — The number of terrorist attacks against Israelis dropped by 75 percent last month over November, but it was also the...

YAFFED’s Yeshiva Oversight Suit Dismissed

A federal judge dismissed a lawsuit filed by a Rockland County-based education advocacy group challenging the constitutionality of a newly amended state law that...

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