Judge dismisses lawsuit against Madoff family members
Vittorio Hernandez – AHN News New York, NY, United States (AHN) – U.S. Bankruptcy Judge Burton Lifland dismissed on Thursday a lawsuit against members of the family of convicted fraudster Bernard Madoff, but allowed the trustee to pursue the rest of the claims in the $198 million lawsuit. Trustee Irving Picard claimed that Madoff’s brother, [...]
Applications for business school on break
Diane Alter – AHN News Reporter Reston, VA, United States (AHN) – School’s out for many MBA schools. According to new data from the Graduate Management Admission Council, applications for two-year, full-time MBA programs that start this fall have fallen an average 9.9 percent from 2010. It is the third year in a row that [...]
August car sales in the U.S. rises 7.5 percent
Vittorio Hernandez – AHN News Detroit, MI, United States (AHN) – The auto industry in the U.S. is on the road to recovery. In August, car sales grew 7.5 percent, according to Autodata Corporation. The healthy vehicle sales were reported by most of the major car manufacturers such as Chrysler which registered a 31 percent [...]
