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U.S. top court rejects Nomura and RBS appeal in mortgage-backed securities case

WASHINGTON (Reuters) – The U.S. Supreme Court on Monday declined to hear an appeal brought by Nomura Holdings Inc and the Royal Bank of Scotland Group PLC seeking to overturn an order requiring them to pay $839 million for making false statements while selling mortgage-backed securities to Fannie Mae and Freddie Mac.

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Trading Ideas

Revolution Lighting Technologies Inc’s (NASDAQ:RVLT) Shift From Loss To Profit

Revolution Lighting Technologies Inc’s (NASDAQ:RVLT): Revolution Lighting Technologies, Inc. designs, manufactures, markets, and sells light-emitting diode (LED) lighting solutions focusing on the industrial, commercial, and government markets in the UnitedRead More… …read more […]

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Business News

Harley-Davidson to move some production out of U.S. to avoid EU tariffs

(Reuters) – Harley-Davidson Inc said on Monday it would move production of motorcycles shipped to the European Union from the United States to its international facilities and forecast the trading bloc’s retaliatory tariffs would cost the company $90 million to $100 million a year.

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