Hyundai chief handed 3-year suspended sentence

South Korea’s high court on Tuesday gave Hyundai Motor Group chief Chung Mong-koo a suspended three-year sentence for fraud, duplicating an earlier ruling and […]

Biovail execs face SEC charges; company settles

The U.S. Securities and Exchange Commission said on Monday that Canada’s Biovail Corp (BVF.TO: Quote, Profile, Research) will pay $10 million to settle a […]

Big federal bailout of U.S. housing gaining momentum

The expression “We’re from the government, we’re here to help” may come back in vogue as global markets continue to feel the impact of […]

Bargain hunters may toss a lifeline to housing

The distressed housing market should get a lift this spring as bargain prices lure prospective buyers out of hibernation, but tighter lending means no […]