Aug 21, 2010KGW Business News
NEW YORK (AP) ? Lawyers for former Bank of America CEO Ken Lewis say in a court filing that a lawsuit accusing him of misleading investors is "implausible" and should be tossed out.
Aug 20, 2010dailywireless.org
Bank of America the largest U.S. consumer bank, is working with Visa, the world's largest payment processor, to test in-store payments without the need for cash or credit cards using Near Field Communication. To make payments, you simply wave your phone at another NFC-enabled device. The program will run from September through the end of [...]
Aug 16, 2010The ft.˛ Report
GeneralBizDex (consulting|finance|insurance|legal|other) Central Business District Campbell Group – Umpqua Bank Plaza | 1 SW Columbia St | 18,555 SF renewal Angeli Law –
Bank of America Financial Center | 121 SW Morrison St | 3,035 SF Itochu – One Main Place | 101 SW Main St | 2,022 SF North Star Consultants – RiverSide Center [...]
The economy grew at a much slower pace this spring than previously estimated, mostly due to the largest surge in imports in 26 years and a slowdown in companies' restocking of goods.
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Risk-averse big banks and tighter standards put a squeeze on Oregon companies.
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NEW YORK (AP) ? Bank of America says its second-quarter net income rose 15 percent to $2.78 billion as improvements in the company's consumer loan businesses made up for a drop in trading revenue.
Aug 11, 2010Jack Bog's Blog
Apparently, the city's IOU gurus
timed things well. The city's quite deft at racking up long-term debt; with
this borrowing, Portland will be in hock in excess of $3.3 billion on long-term bonds and "interim" financing outstanding. We'll see -- and our kids will see -- how the city does at paying it off down the road.
UPDATE, 5:42 p.m.: Once again, the purchaser was Bank of America, and the true interest cost was 3.8586%. The 9˝-year bonds will yield 2.69%; the 19˝-year, 3.75%; and the 24˝-year, 4.00%. Details here.I haven't been keeping a close eye on the national debate about reforming banks' outrageous overdraft fees, so when a letter arrived from my credit union this month saying something about the overdraft laws changing, my main response was... what? I know that banks make a bundle off the fees ($26 billion a year, actually). And I know that I hate overdraft fees with a fury normally reserved for TicketMaster, but since I cancelled my Bank of America account in January and switched to a credit union, I wasn't sure whether the new rules were good for me, bad for me, or even applied to me.
- OSPIRG's Jon Bartholomew. And his money.
This afternoon, I met up with
OSPIRG advocate
Jon Bartholomew. I'm one of the legion embittered ex-OSPIRG canvassers, but they did good work on financial reform this year, including putting together a report about the
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