CHARLOTTE, N.C. — The Federal Reserve on Thursday approved Bank of America Corp.'s purchase of distressed mortgage lender Countrywide Financial ...
Fortune's Stanley Bing | Posted 04.22.2008 | Business
We all saw what happened to Bear Stearns (BS) in two or three days. Once the whispering campaign got started, their goose was cooked.
Derek Beres | Posted 04.21.2008 | Politics
By the time the Fourteenth Dalai Lama fled Tibet in March, 1959, he had gone through a steady period of disillusion with Chinese officials, who had be...
AP | IEVA M. AUGSTUMS | Posted 04.21.2008 | Business
CHARLOTTE, N.C. — If the 77 percent drop in Bank of America's first-quarter earnings is any indication, the economy may have a long way to go be...
Columbia Journalism Review | Dean Starkman | Posted 03.13.2008 | Media
One of the paradoxes of the business press is that while everyone should read it, since we all live in the economy, not everyone does. In fact, most p...
AP | JIM ABRAMS | Posted 03.07.2008 | Business
WASHINGTON — Three corporate executives called in for a shaming by Democratic lawmakers Friday defended raking in hundreds of millions of dollar...
Michael Russnow | Posted 03.03.2008 | Business
It is time for our representatives in Washington to pass a law that puts the responsibility on those who accept credit cards to make certain that the card holder is the person in whose name it is issued.
Forbes Via ABC News | LIZ MOYER with TATYANA SHUMSKY | Posted 02.25.2008 | Business
Bank of America told thousands of its cardholders in recent weeks -- even those with good payment histories -- that they faced a rate hike from 9% to ...
AP | TIM PARADIS | Posted 02.11.2008 | Business
NEW YORK — Bank of America Corp. and Chevron Corp. will replace tobacco company Altria Group Inc. and manufacturer Honeywell International Inc. ...
Wall Street Journal | JAMES R. HAGERTY | Posted 01.28.2008 | Business
Angelo Mozilo, chairman and chief executive officer of Countrywide Financial Corp., is giving up $37.5 million of severance pay, fees and benefits in ...
AP | IEVA M. AUGSTUMS | Posted 01.22.2008 | Business
CHARLOTTE, N.C. — The credit crisis all but wiped out fourth-quarter earnings at Bank of America Corp. and Wachovia Corp., but the banks did mak...
Danny Schechter | Posted 01.14.2008 | Business
A self-interested maneuver by America's biggest consumer bank is being cast in a heroic light, as the "rescue" of America's biggest mortgage company.
AP | IEVA M. AUGSTUMS | Posted 01.11.2008 | Business
Bank of America Corp. said Friday it has agreed to buy Countrywide Financial for $4 billion in stock, a deal that both rescues the country's largest m...
Reuters | John Poirier and Jonathan Stempel | Posted 01.10.2008 | Business
Bank of America Corp (BAC.N: Quote, Profile, Research) is in advanced talks to buy struggling Countrywide Financial Corp (CFC.N: Quote, Profile, Rese...
AP | Madlen Read | Posted 01.10.2008 | Business
A volatile Wall Street advanced Thursday for the second day in a row, as investors found renewed confidence in a report that Bank of America Corp. is ...
Smart Money | Aleksandra Todorova | Posted 12.20.2007 | Business
You don't have to be an information addict these days to get a sense of the grim realities that the subprime-mortgage crisis and resulting credit crun...
Silicon Valley Insider | Henry Blodget | Posted 12.13.2007 | Business
Time Warner has a new head of Investor Relations: Douglas Shapiro, a former media analyst at Bank of America. Make no mistake: investor relations is a...
Reuters Via Yahoo | Posted 12.12.2007 | Business
Bank of America Corp (BAC.N) expects its fourth-quarter results to be disappointing due to write-downs and lower trading revenue, Chief Executive Ken ...
AP | Ieva M. Augstums | Posted 12.10.2007 | Business
Bank of America is closing off an enhanced money fund to new investors amid withering losses on complex asset-backed securities, the bank said Monday....
Wall Street Journal | VALERIE BAUERLEIN | Posted 11.14.2007 | Business
Bank of America Corp.'s write-down of $3 billion in collateralized debt obligations offered fresh evidence of how much financial giants are struggling...
Portfolio | Jeffrey Cane | Posted 11.12.2007 | Business
The three biggest banks in the nation--Citigroup, Bank of America, and J.P. Morgan Chase--have agreed on the structure of a $75 billion fund intended ...
Consumerist | Posted 11.06.2007 | Business
The perils of credit card abuse are given play in this amusing music video made by YouTube personality Remy. It's set to the tune of "A boy named Sue"...
AP | Posted 10.25.2007 | Business
The Walt Disney Co. pledged Wednesday to contribute $2 million to restore burned areas and help victims of the Southern California wildfires, while Ba...
AP | IEVA M. AUGSTUMS | Posted 10.24.2007 | Business
Bank of America Corp. said Wednesday it will eliminate 3,000 jobs, an announcement that came less than a week after the nation's second-largest bank r...
Eben Esterhuizen | Posted 10.23.2007 | Business
Tighter lending is bad news for the solar industry, an industry that has been burning through cash to expand capacity.
Today, Barack Obama posted a message to supporters on my.barackobama.com about the...
US News and World Report printed a short piece about GOP fears that the...
HAPPY FOURTH OF JULY! In honor of the great American holiday, Huffington Post has pulled together...
I've been running VoteVets.org for a couple of years now. In 2006 and in...
Tracie Egan, and Moe Tkacik, two writers from Jezebel.com were invited to appear on my show, Thinking...
Florida's bachelor Governor Charlie Crist is getting married, and to a woman, too. That's how badly...
Lee Grivas, the 26-year-old boyfriend of Christina Applegate, was found dead in...
From Media Matters: On the July 2 edition of MSNBC's Verdict, during the...
Today the New York Times reports on a jaw-dropping addition to the medical spa trend. Now comes...
Even with the GOP convention nearly two months away, some in the Republican...
PARIS — A French judge ordered Continental Airlines and five people...
The bottom-up political movement that Barack Obama has been so fervently encouraging may have come too...
AP | IEVA M. AUGSTUMS | Posted 06.05.2008 | Business