The federal investigation has announced today that over $200 million will be shelled out by oil companies to settle bribery charges that were leveled against them. Federal investigators filed a case against several US oil companies over vessels and equipment that was being shuffled in between countries around the world illegally. The case against the […]
AIG announced this morning that they have raised $37 billion in an effort to repay federal bailout funds and regain control of their company from federal regulators. AIG is just one of the many large companies that accepted bailout funds to prevent a total failure when the financial crisis hit. As part of the bailout […]
The rate of recovery for the tepid US economy seems to have stalled according to a new report released today. According to the report, the country has not slipped back into recession but the rate of recovery has stopped advancing, giving credence to the fact that the US is not out of the woods yet […]