Puerto Rico's appeal in tax dispute is 'baseless'
Puerto Rico has filed an appeal against local lender Doral Financial Corp over $229.9 million in disputed taxes, which Doral on Friday called "baseless".
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The trustee liquidating Lehman Brothers Holdings Inc's brokerage unit has agreed with Pacific Investment Management Co unit to resolve $187.4 million of the money management firm's customer claims, likely at a fraction of their estimated value.
The White House will soon announce a nominee to the Federal Reserve Board, a person familiar with the matter said on Friday, in a move that would begin the process of filling one of the Fed's two empty seats in Washington.
(Reuters) - Mexico's Supreme Court on Friday elected a new president with justices narrowly backing a career judge over another candidate who had worked for decades as a lawyer.
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