Bank of America, the second largest bank in the United States, is to pay a record $16.7bn (£10bn) to settle allegations that it misled investors into buying toxic mortgage securities.
One of the biggest drivers of the US equity bull run has retreated as the S&P 500 ventures further into record territory. Ultra low interest rates and a paucity of investment choices in recent years has unleashed a tidal wave of share buybacks by S&P 500 ...
HOUSTON - A multi-partner coalition including the Texas Parks and Wildlife (TPW) Foundation has announced the purchase of the 17,351-acre Powderhorn Ranch along the Texas coast in Calhoun County.
The security breach discovered at a few dozen franchises of the UPS Store, a subsidiary of United Parcel Service, provides a number of lessons for other retailers.
In a statement to Indian stock exchanges, the textile manufacturer said Gap will work with the Arvind unit, Arvind Lifestyle Brands Ltd.