Bank of America reported profit of $2 billion compared with $3.2 billion last year, as the nation's biggest bank continued to battle the legacies of the mortgage crisis.
Brian Moynihan, chief executive of Bank of America.
China said its economy had grown 9.7 percent in the first quarter of this year, the strongest performance among the world’s biggest economies. But consumer prices rose 5.4 percent.
The consumer groups contend the merged drugstore chain and pharmacy benefit manager are anti-competitive.
TEPCO announced plans on Friday to distribute $600 million to 50,000 people evacuated because of the accident at its Fukushima Daiichi nuclear plant.
Even before the troubled Fukushima nuclear plant has been brought under control, differing estimates underscore the uncertainties on the eventual cleanup’s timetable.
The authorities say the thefts were committed by people familiar with the produce trucking business who waited for the price to rise.
There are signs that companies like I.B.M. and their establishment customers now want remote information services to be a bigger part of what they offer.
In the wake of the revolution in Tunisia, the World Bank says that the country can serve as a model for a revised approach.
The search engine company gets off to a mixed start under its new chief executive, the co-founder Larry Page.
Prosecutors raised the question of whether the former employee, Richard Schutte, was testifying in favor of Raj Rajaratnam because he received the investments.
A new version of a lawsuit against JPMorgan Chase identifies three high-level executives who were involved in the bank’s assessment of Mr. Madoff.
It is hard to see how the euro zone can be undone, but it is even harder to see how it will prosper.
Student loans pose particular burdens to those who never complete college or who find only low-paying jobs when they do, an economist writes.
Last month, ClassOne started asking all job candidates who make it through the resume screening to run through a sort of online questionnaire that requires a mix of video, oral and written responses.
A year into Britain’s controversial austerity plan, retail sales have had the sharpest monthly plunge in 15 years and real household income is expected to fall 2 percent this year.
Sold in glittery boxes decorated with hearts, stars and swirls (which are also printed on the pads themselves), the products would look at home on the set of “Hannah Montana.
Where’s the rigor? Undergraduate business has an image problem.
A new law requires lenders to provide consumers with more information when they receive less-than-favorable loan terms.
Federal budget deal cuts funds for reverse-mortgage counseling.
April 14, 2011
April 13, 2011
April 13, 2011
