House cuts student lender subsidies (Reuters)
Reuters - The U.S. House of Representatives voted 273-149 on Wednesday to slash federal subsidies paid to college student-loan companies, such as Sallie Mae and Citigroup Inc, by $19 billion and boost grants to students, ignoring a White House veto threat.
Nature’s Sunshine under heavy scrutiny (AP)
AP - Dietary supplement maker Nature’s Sunshine Products Inc. is coming under increasing scrutiny by federal regulators for auditing omissions, income tax returns and its foreign operations — troubles that could threaten its stock-trading privileges.
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Treasurys rise following mixed data (AP)
AP - U.S. Treasury bond prices edged slightly higher Friday, with mixed economic data and the absence of fresh developments in the beleaguered subprime mortgage market ensuring the market lacked direction.
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GE plans to sell WMC subprime lending unit: memo (Reuters)
Reuters - General Electric Co. has decided to sell its WMC mortgage subprime lending business, the lender told employees in a memo on Thursday.
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July 15th, 2007 at 1:26 pm
[…] House cuts student lender subsidies (Reuters) Reuters - The U.S. House of Representatives voted 273-149 on Wednesday to slash federal subsidies paid to college student-loan companies, such as Sallie Mae and Citigroup Inc, by $19 billion and boost grants to students, ignoring a White House veto threat. Nature’s Sunshine under heavy scrutiny […] […]
July 19th, 2007 at 10:08 pm
[…] House cuts student lender subsidies (Reuters) Reuters - The U.S. House of Representatives voted 273-149 on Wednesday to slash federal subsidies paid to college student-loan companies, such as Sallie Mae and Citigroup Inc, by $19 billion and boost grants to students, ignoring a White House veto threat. Nature’s Sunshine under heavy scrutiny […] […]
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