Marketplace Morning Report for Friday, April 12, 2013
Starting today, checks are on the way to victims of wrongful foreclosures as part of a $3.6 billion settlement between banks and federal regulators. But for most of those borrowers, it won't exactly be Christmas in April. A big deal is brewing in the global coffee business. German investment group JAB is buying Dutch company D.E. Master Blenders for nearly $10 billion. And a NASCAR race called the 'NRA 500' ignites a sponsorship controversy.
Starting today, checks are on the way to victims of wrongful foreclosures as part of a $3.6 billion settlement between banks and federal regulators. But for most of those borrowers, it won’t exactly be Christmas in April. A big deal is brewing in the global coffee business. German investment group JAB is buying Dutch company D.E. Master Blenders for nearly $10 billion. And a NASCAR race called the ‘NRA 500’ ignites a sponsorship controversy.