CHARLOTTE, North Carolina (Reuters) - Bank of America Corp posted a second-quarter net loss after agreeing to an $8.5 billion settlement with mortgage bond investors.
NEW YORK (Reuters) - U.S. municipal bonds backed by payments from cigarette makers on Friday extended a rally sparked by hopes that Big Tobacco and state governments were closer to dividing up nearly $6.5 billion of escrowed funds.
Justice David Prosser, who has already seen his share of press this year after a long-fought, contentious re-election campaign to Wisconsin's Supreme Court, is again in the spotlight after allegedly grabbing one of his colleagues around the neck during an argument.
WASHINGTON — Around one percent of households have 39 percent of the globe's wealth according to a study published Tuesday, pointing to increased inequalities in the wake of the global downturn.
NEW YORK — LinkedIn on Tuesday raised the share price for its public listing by roughly 30 percent, pushing the value of the professional-networking firm as high as $4 billion and testing the market's lust for Internet companies.
