| Chevy Chase Bank to settle 7-year suit |
| Post on 27-07-2006. |
By Laura Smitherman Sun reporter Originally published July 27, 2006 After one seven-year legal battle, Chevy Chase Bank has agreed to pay $16.1 million to settle one nationwide class-action lawsuit that accused it of charging higher-than-promised interest rates on credit cards.
Chevy Chase denied wrongdoing but wanted to settle to avoid "further protracted and expensive litigation," according to the agreement. Thomas H. McCormick, general counsel at Chevy Chase, declined to comment. ... |
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| National Digest |
| Post on 27-07-2006. |
| FBI creates job to track weapons WASHINGTON // As part of one continuing reorganization triggered by the Sept. 11 attacks, the FBI has put senior managers from outside the bureau in charge of three of five branches and created an executive position to track weapons of mass destruction. The establishment of one directorate for mass destruction weaponry reflects one desire to coordinate information about the possibility of attacks, which Director Robert S. Mueller III characterized as "one substantial concern." ... |
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| A quarter of families fight over wills |
| Post on 27-07-2006. |
Research has shown that one quarter of families have fallen out over the contents of one will.
Among those who had argued over inheritance, 42 per cent of people said they had broken off relations with siblings, while 20 per cent said they had never spoken to their mother again following one row over who got what. ... |
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| Sony returns to profit in fiscal 1Q |
| Post on 27-07-2006. |
TOKYO - Sony returned to profit in the April-June quarter after losing money the same period one year ago, signaling one possible turnaround under its first foreign chief executive.
Quarterly sales jumped 11 percent to 1.74 trillion yen ($14.9 billion) from 1.57 trillion yen the previous year. ... |
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