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Financial Crisis Ybusiness

Bank Of America-Countrywide Settlement: Bank Will Pay $108 MILLION

AP | ALAN ZIBEL | Posted 05.25.2011 | Business

WASHINGTON — Bank of America will pay $108 million to settle federal charges that Countrywide Financial Corp., which it acquired nearly two year...

Toyota's Tips: What To Do If Your Car Suddenly Accelerates

AP | By The Associated Press | Posted 05.25.2011 | Business

What should you do if your car suddenly accelerates? Here are three ways to stop the vehicle, according to Toyota: _ Step on the brake pedal with b...

Greek Nationwide Strike Protests Economic Injustice

wsj.com | Jeff Muskus | Posted 05.25.2011 | World

ATHENS--Greek police clashed with youths in central Athens Wednesday as tens of thousands of people took to the streets in protest at the Socialist go...

Greece, Goldman Sachs 'Fooled' Investors By Not Disclosing Huge

bloomberg.com | Elisa Martinuzzi | Posted 05.25.2011 | Business

Feb. 17 (Bloomberg) -- Goldman Sachs Group Inc. managed $15 billion of bond sales for Greece after arranging a currency swap that allowed the governme...

Toyota Recall: How Toyota's US Workers Are Dealing With Down Time

McClatchy | Scott Sloan | Lexington Herald | Posted 05.25.2011 | Home

Workers affected by the idling had the option of taking paid vacation or unpaid leave, but the vast majority came to work, with many taking training s...

Australian Author: The New J.K. Rowling?

The Wall Street Journal | DALYA ALBERGE | Posted 05.25.2011 | Books

In a success story reminiscent of Harry Potter author J.K. Rowling's, Ms. James is a mother and first-time author who is going from nothing to becomin...

Bank Of America Had Early White House Support On Merrill Lynch Deal

washingtonpost.com | Zachary A. Goldfarb | Posted 05.25.2011 | Business

Top economic advisers to President Obama signed off on a deal to protect Bank of America from losses incurred by its purchase of failed Wall Street fi...

The End Of Simon & Schuster's Teen Imprint

Crain's New York Business | Matthew Flamm | Posted 05.25.2011 | Books

When Simon Spotlight Entertainment launched in the fall of 2004, it was hailed as an innovative attempt to target readers in their teens and early 20s...

As Question Of Reappointment Looms, Bernanke Defends The Fed's Handling Of Crisis, Says Economy Is 'Leveling Out'

washingtonpost.com | Neil Irwin | Posted 05.25.2011 | Business

Federal Reserve Chairman Ben S. Bernanke rendered his most positive assessment of the economy yet in a speech Friday and gave credit in part to his ow...