Bank of America, the country’s largest bank, said Friday that it was halting all foreclosure proceedings and sales of foreclosed homes indefinitely, David Streitfeld of The New York Times reports. The action by bank will increase pressure on other lenders to declare their own moratoriums. Lawmakers and state law enforcement officials have been widely calling [...]
Abbott Laboratories has called a halt to the sale of its European flu-vaccine unit because of a dissapointing run of initial bids, The Wall Street Journal reported. Abbott announced it would be selling the business in June and recieved interest from four or five bidders, but offers did not top €500 million ($640 million), which [...]
Abbott Laboratories has called a halt to the sale of its European flu-vaccine unit because of a dissapointing run of initial bids, The Wall Street Journal reported. Abbott announced it would be selling the business in June and recieved interest from four or five bidders, but offers did not top €500 million ($640 million), which [...]
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