In the latest fallout from misdeeds leading up to the financial crisis, Bank of America has agreed to a record $16.65 billion deal with federal and state governments. The deal helps the bank avoid prosecution for the fraudulent sale of toxic mortgage-backed securities to investors.
It's not news that the publishing world isn't very diverse. But over on the other side of the industry, how do owners of neighborhood bookstores try to sell books for or about people of color?
The bank agreed to pay a record amount to the U.S. government to avoid prosecution for its fraudulent sale of toxic mortgage-backed securities to investors in the lead-up to the financial crisis.
The nation's second-largest bank has agreed to pay $17 billion to settle allegations that it misled investors into buying toxic mortgage-backed securities.
Restaurants and hotels are posting new job openings faster than they can fill them. This is a promising sign for the economy.
The soundtrack for Marvel's blockbuster space opera Guardians of the Galaxy is No. 1 for the second week in a row. Nielsen SoundScan reports the compilation sold 93,000 copies last week.
Toyota says it will lower prices of auto parts for its Lexus models in China. This comes after Chinese regulators raised concerns over possible antitrust violations in the country's auto industry.
David Greene talks to David Wessel of the Brookings Institution about the symposium. The Federal Reserve Bank of Kansas City hosts central bankers and economists to talk about economic policy.
Minutes of the Federal Reserve's most recent meeting show that a number of officials believe the benchmark rate should rise sooner than is currently expected.
The 1964 World's Fair showcased jet packs and other miracles of science. Here's how people back then thought the future would look (and how it actually turned out).
The bank has reached a record settlement of nearly $17 billion to resolve a probe into its role in the sale of mortgage-backed securities before the 2008 financial crisis, according to AP sources.
The agreement follows a similar deal earlier this month with Barneys. Customers of both department stores said they had been targeted as suspects of theft because of their race.
The theme-park company received a citation in 2010 after a whale named Tilikum killed a trainer. Since then, SeaWorld has planned upgrades to its facilities and training. But it still faces criticism.
When Tom Hiddleston and Lady Gaga take the Ice Bucket Challenge, it makes a big splash. But do stars really make a difference in fund-raising and public awareness when they endorse a charity?
Tiny Singapore imports almost all of its food. From gardens on deserted car parks to vertical farms in the vanishing countryside, a movement is afoot to help boost its agricultural production.
Tiny Singapore imports almost all its food. From gardens on deserted car parks to vertical farms in the vanishing countryside, a movement is afoot to help boost its agricultural production.
Authorities in the Missouri city are barring protesters and the media from recording their actions, arresting photographers and reporters and insisting that marchers walk instead of stay in one place.
Standard big box shopping centers are in decline. But other types of malls have sprung up in their place. Some are based on making shopping more convenient. Others focus on the consumer experience.
Alabama business owner Chander Arora and his family are introducing the world to Vodquila, a mix of vodka and tequila. It won an award at the International Wine and Spirit Competition.
David Greene talks to John Ourand of the Sports Business Journal about Johnny Manziel. The bad behavior of the rookie quarterback for the Cleveland Browns is getting a lot attention.