| Oct 15, 2014
| 5:56 AM
The record settlement was tied to the bank's purchases of Countrywide Financial Corp in July 2008 and Merrill Lynch & Co six months later.
(Reuters) — Bank of America Corp, the No. 2 U.S. bank by assets, reported a small quarterly loss, largely...
| Oct 26, 2014
| 5:00 AM
There are fewer military boots on the ground overseas, but here at home there have been major campaigns in the housing market this year directed at veterans.
Not only has the Department of Veterans Affairs' VA home-loan program gained significant market...
| Oct 23, 2014
| 4:44 AM
Hampton-based Old Point National Bank says it is supporting Apple Pay, which replaces a credit card swipe with a fingerprint scan on the iPhone 6.
iPhone 6 users upload their credit or debit card information to the phone's "Passbook" but then Apple...
| Sep 22, 2014
| 5:29 AM
Tribune Media Co. has filed registration documents with the Securities and Exchange Commission in preparation for listing its stock on a major exchange.
The initial Form 10 filing, which appeared on the SEC website Monday, contains financial statements,...
| Oct 7, 2014
Diners Club, the original Travel and Entertainment" (T-and-E) card, is re-opening in the United States. That's the biggest news in the always-turbulent credit card world. For some reason, the pioneering card has been dormant in the U.S. for several years,...
| Oct 3, 2014
| 1:10 PM
The world of mutual funds may seem like a backwater on Wall Street, but the departure of bond trading superstar Bill Gross from Pacific Investment Management Co. has spilled blood into normally calm waters.
Competition in the mutual fund business has...
| Sep 30, 2014
| 4:56 PM
Sure, your credit and debit card information is safe and secure.
Just like the White House.
So commonplace have revelations of data hacks, security breaches and compromised confidentiality become that it's not worth waiting for formal notification...
| Sep 24, 2014
| 5:55 AM
On Tuesday I got a message from the good people at the fraud alert center at JPMorgan Chase: They'll be sending me a new Chase credit card because "a security breach at The Home Depot" may have put my old one at risk.
What gets me about this is that it'...
| Oct 3, 2014
| 12:33 PM
Illinois Attorney General Lisa Madigan is investigating the security breach at JPMorgan Chase & Co., according to a spokeswoman.
Connecticut Attorney General George Jepsen also is probing the hacking incident.
Other attorneys general offices are "very...
| Sep 22, 2014
| 2:30 AM
Veteran fund manager Bill Nygren co-manages three Oakmark funds: Oakmark Fund, Oakmark Select and Oakmark Global Select. He looks for growing businesses whose stocks trade for less than he thinks a company is worth and that are run by executives who put...
| Oct 13, 2014
| 2:20 PM
McDonald's Corp. is taking to social media to dispel rumors that its food is unhealthy and to explain why its burgers remain intact for weeks out in the open.
The fast-food chain launched a Q&A style advertising blitz on YouTube, Facebook and Twitter...