Oct 24, 2012 The Justice Department says Countrywide Financial -- which B of A bought in 2008 -- cranked out bad home loans without proper checks to make sure they were legit, and then sold those mortgages to Fannie Mae and Freddie Mac.
Oct 11, 2012 After this summer's drought, nobody expected good news from this morning's USDA crop report.
Sep 28, 2012 Bank of America will pay $2.4 billion to shareholders who accused it of withholding negative information about Merrill Lynch's finances.
Heidi N. Moore
Sep 28, 2012 Bank of America will pay $2.4 billion to shareholders as part of a settlement announced this morning. It's compensation for maybe not sharing the whole story when B of A bought the failing brokerage Merrill Lynch in 2008.
Sep 21, 2012 Boardwalk Empire, Game of Thrones, Mad Men, Breaking Bad, Homeland and Downton Abbey -- what do they all have in common? All of them are on Sundays, all of them are up for Emmys -- and none of them air on a major network.
Heidi N. Moore
Sep 21, 2012 Bank of America, bloated by national expansion and saddled with bad mortgages, is speeding up its plan to cut 30,000 jobs. The Wall Street Journal says the bank could reach its downsizing goal a year early.
Sep 20, 2012 Bank of America is accelerating plans to cut costs by laying off workers. According to the Wall Street Journal, the bank has set a target of cutting 16,000 jobs by the end of this year -- about 6 percent of the bank's workforce.
Sep 6, 2012 Google picked Kansas City to be the test market for its super fast Internet service. Now neighborhoods are competing with one another to see who will get the service first.
Aug 20, 2012 An LAPD police officer gives a tour of his precinct in Watts and the blight foreclosed homes have wrought upon the neighborhood. The City of Los Angeles says the banks who own the homes should be responsible for the upkeep of the foreclosures.
Aug 15, 2012 The comedy mogul who created "The Original Kings of Comedy" was recently one of four African Americans selected to partner with YouTube. He said his plan is to become the "better version of BET...but for the web."