Posted inNation & World

Afghan forces in fierce battle with insurgents at luxury hotel

KABUL — Afghan security forces waged a fierce battle with Taliban insurgents early today inside the luxury Kabul Intercontinental hotel, one of two hotels in the capital that cater to large groups of international visitors. At one point, helicopters from the U.S.-led International Security Assistance Force fired rockets at the hotel’s roof, where at least […]

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Posted inBusiness

Bank of America said to be near investor claims settlement

LOS ANGELES — Bank of America Corp. was close to finalizing a deal late Tuesday that calls for the lender to pay $8.5 billion to settle claims from a group of investors who bought mortgage-backed securities from the lender, according to a person familiar with the settlement talks. The Charlotte, N.C., bank was nearing an […]

Posted inNation & World

French finance minister picked to lead IMF amid crisis

PARIS — Christine Lagarde has traveled tirelessly to save the euro and blazed a trail for women from Chicago to Paris in halls of power long dominated by men. The French finance minister with a broad grin and long stride now faces her toughest job yet: heading the International Monetary Fund. She takes over a […]