Six people were wounded Sunday in a shooting ambush near US company Freeport McMoRan's massive gold and copper mine in Indonesia's eastern Papua region, police said. Three policemen and three mine workers were hurt in the ambush on a convoy of buses and land cruisers heading to the coastal city of Timika from the Grasberg mine, senior police ...

A key federal regulator is going to work for Wilbur Ross, a billionaire investor who specializes in making big profits through buying up bad debt. James Lockhart, 63, director of the federal agency that regulates mortgage finance companies Fannie Mae and Freddie Mac, will become vice chairman of ...

WASHINGTON (Reuters) - James Lockhart, who earlier this month said he would resign as the U.S. regulator overseeing mortgage finance companies Fannie Mae <FNM.N> and Freddie Mac <FRE.N>, will become vice chairman of a distressed investment group at Invesco Ltd <IVZ.N>, the company said on Wednesday. Lockhart will join the investment ...

The head of the federal agency that regulates mortgage finance companies Fannie Mae and Freddie Mac is planning to step down by the end of the month. A replacement hasn't been named for James Lockhart, director of the Federal Housing Finance Agency, according to government officials ...