An Ode to The Feeble Corporate Apology

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“Is it the $ 175 million it paid in a settlement following accusations that the bank systematically overcharged black and Hispanic homeowners in mortgage services?” Three of America's biggest companies – Facebook , Wells Fargo and Uber – have been offering up vague apologies via television commercials in recent weeks. If you watch the Cavs-Dubs […]

U.S. Justice Department mulls limits on overlapping corporate penalties

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The U.S. Justice Department is exploring ways to prevent multiple law enforcement agencies from slapping companies with corporate penalties over the same underlying misconduct, a senior official said on Wednesday. File photo: Deputy Attorney General Rod Rosenstein announces new legislation to stop deadly fentanyl and other opiate substances from entering the United States, during a […]

Strongsville Corporate Center, now vacant, sells to New York buyer as settlement averts foreclosure

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The new owner of Strongsville Corporate Center is hoping that a financial reset and potential for nearby development will turn vacancy into an opportunity. An affiliate of Somera Road, Inc. , a New York-based buyer with an appetite for troubled real estate, bought the 125,000-square-foot office building on June 8, according to property records. Foreclosure […]