News

Mortgage Settlement: Details May Not Yet Be Finalized, Says American Banker

A source has told American Banker that the terms of this week's massive national mortgage servicing settlement have not been finalized, and that politics drove Thursday's announcement

The Port Authority and the World Trade Center

An audit released this week called the Port Authority of New York and New Jersey "a challenged and dysfunctional organization," citing the ballooning costs at New York's World Trade Center. But, for all the turmoil at the site, the Port Authority has taken steps to return it to both the private and public city.

Zhongrun Invests in Canadian Zinc Corporation

Zhongrun International Mining Co., Ltd. ("Zhongrun") (direct) and Zhongrun Resources Investment Corp. ("Shandong Zhongrun") (indirect), both of Tower 17, Zhongrun Century Plaza, No. 13777 Jingshi Road East, Jinan City, Shandong Province, P.R. China, 250014, announce the acquisition of ownership and control of an additional 6,000,000 units of Canadian Zinc Corporation (the "Company") at a price of $0.67 per unit.