JP Morgan Chase, a large US mortgage bank, admitted this morning that they have made mistakes on interest rates and foreclosures on homes belonging to active duty US military personnel. According to federal law, active duty soldiers can only be charged a set rate of interest on home loans and as long as they are […]
YUM Brand, the company that holds the rights to Kentucky Fried Chicken, Taco Bell, Pizza Hut and the Long John Silver’s/A&W brands plans to several off several franchises this month as they look to expand into China. According to the company statements, YUM will sell off the Long John Silver’s and A&W brands to other […]
David Hernandez, founder of Webio, was given a 16 year prison sentence for fraud on Friday in US District Court. The rise and fall of Hernandez is very similar to Bernie Madoff, the famed scammer currently serving a 150 year sentence in federal prison. Hernandez was at the top of the business world for several […]