A federal judge rejected Bank of America Corp's $33 million settlement with the U.S. Securities and Exchange Commission over Merrill Lynch & Co bonuses as a contrivance, and New York's top legal officer prepared to sue senior bank executives.
A federal judge rejected Bank of America Corp's $33 million settlement with the U.S. Securities and Exchange Commission over Merrill Lynch & Co bonuses as a contrivance, and New York's top legal officer prepared possible civil charges against bank executives.
A federal judge on Monday rejected Bank of America Corp's and the U.S. Securities and Exchange Commission's $33 million settlement over Merrill Lynch & Co bonuses as a contrivance that deprives shareholders of the truth.
A federal judge on Monday rejected Bank of America Corp's and the U.S. Securities and Exchange Commission's proposed settlement over Merrill Lynch & Co bonuses, describing the agreement as a contrivance that harms shareholders.
NEW YORK - Constellation Energy Group Inc's 498-megawatt Ginna nuclear power station in New York shut by early Monday from full power early Friday, the U.S. Nuclear Regulatory Commission said in a report.
A museum dedicated to the September 11 attacks will display written quotations drawn from martyrdom videos made by the hijackers, along with witness testimonials that will be screened to prevent sympathizers from praising the perpetrators, museum officials said on Thursday.
U.S. investigators are probing the former head of American International Group Inc's Financial Products unit, Joseph Cassano, and other executives for securities fraud, a law enforcement source familiar with the case said on Friday.
U.S. investigators are probing the former head of American International Group Inc's Financial Products unit, Joseph Cassano, and other executives for securities fraud, a law enforcement source familiar with the case said on Friday.
U.S. investigators are probing the former head of American International Group Inc's Financial Products unit, Joseph Cassano, and other executives for securities fraud, a law enforcement source familiar with the case said on Friday.
A museum dedicated to the September 11 attacks will play martyrdom videos made by the hijackers but testimonials by the public would be screened to prevent sympathizers from praising the perpetrators, museum officials said.
Morgan Stanley Chief Executive John Mack is stepping down and will be replaced by retail brokerage head James Gorman, signaling the storied bank is embracing stable businesses after losing big on risky ones.
Bank of America Corp and the U.S. Securities and Exchange Commission on Wednesday made a third attempt to persuade a skeptical judge to approve their settlement over Merrill Lynch & Co bonuses. But experts said they may not have done enough.
Bank of America Corp shot back at New York Attorney General Andrew Cuomo, saying he is simply wrong to claim that the bank is hindering an investigation into its takeover of Merrill Lynch & Co.
Bank of America Corp shot back at New York Attorney General Andrew Cuomo, saying he is simply wrong to claim that the bank is hindering an investigation into its takeover of Merrill Lynch & Co.
Bonuses Anger; Will Cuomo Attack?; Beatles are Back
New York Attorney General Andrew Cuomo threatened on Tuesday to file charges accusing top Bank of America Corp executives of failing to disclose essential details about its takeover of Merrill Lynch & Co.
Stocks climbed on Tuesday as natural resource shares rose alongside commodities and Kraft's bid for Cadbury buoyed hopes that more merger and acquisition activity was on the horizon.
Pulizer Prize-winning author Richard Russo is making his first foray into TV series with an untitled HBO drama about the Catskills Gas Rush.
Royal Bank of Scotland has appointed Goldman Sachs to consider a sale or other options for RBS Aviation Capital, one of the world's biggest plane leasing businesses, a person familiar with the matter said.
NICE Systems, the global provider of advanced solutions that enable organizations to extract insight from interactions to drive performance, today announced that it has received follow on orders from Cherokee Nation Entertainment (CNE) for its NiceVision video surveillance solution.
Would The Warriors recognize the Coney Island of Mayor Michael Bloomberg's dreams?
U.S. job losses fell to their lowest level in a year last month, but the unemployment rate jumped to a 26-year high, painting a mixed picture of an economic recovery hindered by weakness in the labor market.
