Bank of america Stories
Warren Buffett's Berkshire Hathaway Has Been Buying Amazon Stock
Billionaire investor Warren Buffett has revealed that his company Berkshire Hathaway had been buying shares of Amazon. But he also made it clear that personally, he was not behind those purchases.
McDonald’s To Hire Older Employees Aged Fifty And Above, Hopes Seniors Take Morning Shifts
Fast food giant McDonald’s is throwing open its workforce to people at 50 and above in a bid to address the shortage of young workers on morning shifts.
Bank Of America To Raise Minimum Wage To $20 For All Employees
Bank of America announced their plan to increase minimum wage for employees to $20 by 2021.
US CEO Salary Is At $1M Monthly, Workers Only Make 0.38% Of That
U.S. CEOs are paid far too much while workers receive far too little.
Analysts See No Rate Hike In Fed’s March Meeting: IBT Poll
The Fed is expected to remain “patient” and hold the rates Wednesday but more than half of the 31 analysts polled, still expect the central bank to hike rates once this year.
Bank of America Drops Merrill Lynch Name In Rebranding Drive
In a rebranding exercise, the Bank of America has announced dropping of Merrill Lynch name from most of its businesses.
Apple Thinks Climate Change Could Help Increase iPhone Demand
Apple predicts that climate change can impact its business positively by increasing the demand for iPhones.
PG&E Bankruptcy Update: Utility Secures $5.5 Billion In Financing
PG&E has secured $5.5 billion in financing from four banks to fund its Chapter 11 bankruptcy filing.
Fed To Turn Dovish On Rate Hikes In 2019: IBT Poll
Majority analysts polled by International Business Times expected a rate hike in the December meeting, but saw the Fed cutting back on the number of rate hikes next year.
Oil Prices Face Upward Pressure From Falling Iranian Exports: IBT Poll
Analysts revised upward their WTI and Brent crude forecasts for the fourth quarter of 2018, as concerns over Iran’s supply and lack of action by OPEC continue to lend support.
Bank Of America To Engage Gun Manufactures On Assault Weapons
Bank of America became the latest entity that said it looked to pose concerns to gun makers regarding assault weapons.
Cryptocurrency A Risk Factor, Bank Of America Says In Annual SEC Filing
In its annual filing with the Securities and Exchange Commission, Bank of America said cryptocurrencies were “speculative or risky” products.
Alleged Bank Thief Arrested During Job Interview With Police Department
An Arizona man went in for a job interview with the police department that had been looking for him for more than a year, resulting in his arrest.
Price vs. Value: What Millennial Home Buyers Really Want
These three things should be considered when focusing in on what millennials value even more than price.
Bank of America Has Filed Dozens Of Blockchain Patents
Distributed ledgers are officially the next big thing in finance.
Texas Contractor Trapped Inside ATM Slips Notes Through Receipt Slot: 'Please Help Me'
"Please Help. I'm stuck in here, and I don't have my phone. Please call my boss."
iPhone 8 Release Date Delay: New Apple Phone Could Be 3-4 Weeks Late, Says Bank Of America
Bank of America is anticipating the upcoming iPhone 8 release date to be delayed by three to four weeks.
Are Homes Still Affordable? If You Have A College Degree And Little Debt, Maybe Not
Young people are more likely than ever to live with their parents, and the predominant reason may be student debt.
Bank Of America Blank Email: 'No Subject' Messages Widely Reported By Users
Bank of America customers were reporting blank emails with no subject and emails concerning their debit cards to the company Friday.
America’s Top Hated Companies: Comcast, Bank of America, Mylan Lead Survey
24/7 Wall St., a financial news website based its rankings on employee reviews on Glassdoor, the American Customer Satisfaction Index (ACSI) and its own survey.
What's Open, Closed On Black Friday? Banks, Transits And Other Store Schedules After Thanksgiving
Although most major banks across the U.S. will be open on Black Friday, there are a few that will still be closed in observance of the Thanksgiving holiday.
How Wall Street Firms Make Money From Donald Trump’s Prison Policy
If President-elect Donald Trump expands the use of private prisons, Wall Street banks will see a big payday.
Bank Of America (BAC) Quarterly Earnings Report: Bond Market Strong, Equities Down
Bank of America saw its highest quarterly profits in a decade, thanks to strong and stable fixed income markets and lower expenses for the three-month period ending in September.
New Banking Regulations Would Force Financial Institutions To Bail Themselves Out
Regulators want to require banks to set up so-called "living wells" so that when they mess up, smaller businesses within the parent organization can continue to run even if the broader company has to file for bankruptcy.
Columbus Day 2016: What's Open, Closed? Banks, Post Offices, Stores And Trains Observe Federal Holiday
Everything you need to know about closures on Columbus Day.
How Much Did Banks Pay For The 2008 Financial Crisis? Fines And Settlements Of Over $160 Billion In Past 8 Years
Banks have paid out more than $160 billion in fines and settlements relating to the 2008 crisis. Critics ask if that’s enough to prevent abuse going forward.
Airbnb Gets $1 Billion Debt Facility From Big US Banks: Reports
The debt deal for the online rental service was led by JPMorgan Chase, Citigroup, Bank of America and Morgan Stanley, reports said, citing sources.
Dow Jones Industrial Average Soars As Technology, Financial Stocks Rally Amid June Interest Rate Hike Expectations
The S&P financial sector got a big boost from a rise in banking stocks as investors speculated on the possibility of a June interest rate hike.
Bank Of America Won’t Pay $1.27 Billion Penalty Stemming From Mortgage Lender Countrywide Financial, Court Rules
A federal appeals court overturned a jury finding that Bank of America was responsible for unloading toxic loans on Fannie Mae and Freddie Mac.
Bank Of America Corp.(BAC) Accused Of Gender Bias And Malpractice By Senior Female Executive
Megan Messina — a managing director at the bank — called her employer a “bro’s club of all-male sycophants,” and also accused it of front-running trades.


