News

Former NDYMAC Officers Found Liable for $168 Million in Negligent Loans

Three former officers of IndyMac Bank FSB's homebuilder division were found liable by a jury on Friday for more than $168 million for negligently lending to developers who were unlikely to repay millions of dollars in loans.

Brazilian Architect Oscar Niemeyer Dies at 104

Oscar Niemeyer, a towering patriarch of modern architecture who shaped the look of contemporary Brazil and whose inventive, curved designs left their mark on cities worldwide, died late on Wednesday. He was 104.

French Chateau Renovation Ends in Demolition

Builders sent in to renovate an 18th century chateau in western France's Bordeaux wine region reduced it to rubble instead, according to the Russian owner of the property.