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AmeriCares, nonprofits anxious of tax code change

With a major U.S. initiative on deck, AmeriCares is eyeing campaign vows to overhaul the tax code – with an almost certain impact on nonprofit finance.

Markets bounce back morning after Moody’s downgrades

U.S. stock markets bounced back the morning after downgrades of 15 global banks by Moody’s Investors Service sent global markets reeling.

MBIA confident going into restructuring trial

A trial date of May 14 has been set in the case ABN Amro NV et al. v. Dinallo, in which three remaining plaintiffs are challenging MBIA’s 2009 restructuring.