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Ernst & Young is sued over Lehman Bros. collapse Los Angeles Times The lawsuit, filed by New York Atty. Gen. Andrew Cuomo, accuses the accounting giant of helping the investment bank cover up its declining health. It's one of the biggest government efforts yet to assign blame for the financial crisis. ... See all stories on this topic »

TD Bank Increases US Bet With Chrysler Finance Unit as Europeans Retreat Bloomberg By Sean B. Pasternak - Tue Dec 21 21:22:36 GMT 2010 Edmund "Ed" Clark, president and chief execitive officer of Toronto-Dominion Bank. Photographer: Ramin Talaie/Bloomberg Toronto-Dominion Bank is increasing its bet in the US with the $6.3 billion ... See all stories on this topic »

Deutsche Bank to Pay $554 Million in Tax Shelter Case Bloomberg Deutsche Bank AG, Germany's largest bank, admitted criminal wrongdoing and agreed to pay $553.6 million to avoid prosecution in the US over fraudulent tax shelters that generated $29 billion in "bogus" tax losses. The US Justice Department, ... See all stories on this topic »

Moody's Warns on Portugal Wall Street Journal By ARRAN SCOTT, MIN ZENG and JONATHAN HOUSE Moody's Investors Service warned it may lower Portugal's credit rating as much as two notches, dealing another blow to investor confidence in the euro zone. Tuesday's warning came less than a week after the ... See all stories on this topic »

American Airlines Leaves Orbitz New York Times The AMR Corporation, the parent of American Airlines, said Tuesday it would immediately stop displaying and selling tickets through Orbitz Worldwide after winning court permission to pull its listings from the online travel site. ... See all stories on this topic »

Court Rejects Refiners' Challenge to EPA Biodiesel Blending Rules New York Times By JENNY MANDEL of Greenwire An appeals court rejected a challenge today by petroleum industry groups to US EPA's biodiesel blending requirements, in a move affirming the agency's implementation of the renewable fuel standard (RFS2). ... See all stories on this topic »

Tips To Keep Your Pet Safe This Winter NY1 With winter officially here, Animal Care and Control of NYC is reminding pet owners to keep their furry friends safe. • Keep your pets indoors. They can become hypothermic, meaning their body temperature can fall below normal levels, if left outside. ... See all stories on this topic » NY1

KeyCorp: Impact from debit card fee limit $100M Bloomberg By AP NEW YORK (AP) — Regional bank KeyCorp said Tuesday that it may see a larger impact than earlier expected from a proposed government cap on the fees that banks charge for debit card transactions. In November, the company said it brings in about ... See all stories on this topic »

Banks Best Basel as Regulators Dilute or Delay Capital Rules BusinessWeek By Yalman Onaran Dec. 22 (Bloomberg) -- More than 500 representatives from 27 nations, including top regulators and central bankers, met dozens of times this year to hammer out 440 pages of new rules to govern the world's banks. ... See all stories on this topic »

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