A US magistrate judge recommended dismissal of a lawsuit against Bank of America over $850 million in mortgage debt, according to a court filing.» Read More
LONDON, July 14- Oil prices ended slightly higher on Monday as traders weighed renewed violence in Libya against broader signs of a global market well-supplied with crude. Last week, North Sea benchmark Brent closed at its lowest in three months as easing tensions in Libya and Iraq mitigated fears of supply disruptions.
But I feel like I'm changing one or two minds here or there, "said Felice Pete, a nurse anesthetist and a member of the state party's Black Advisory Board. The swing state, one of 11 where the Republican National Committee has hired staff to reach black voters, hosts one of the country's most important Senate races in November's midterm elections.
July 8- Richmond Federal Reserve President Jeffrey Lacker said on Tuesday that U.S. inflation has bottomed out and is moving toward its target, with economic growth continuing at a moderate pace.
July 8- Richmond Federal Reserve President Jeffrey Lacker said on Tuesday he expects U.S. economic growth to continue at a moderate pace, with inflation pressures remaining "well-behaved."
July 7- United Airlines said on Monday it plans to outsource more than 630 union jobs at 12 U.S. airports in a cost-saving move. United Airlines would shift these jobs from its payroll and hire other companies to provide the employees, under the outsourcing plan. "This is a bad business decision for United Airlines," Carlson said.
July 7- United Airlines said on Monday it plans to outsource more than 630 jobs at 12 U.S. airports in a cost-saving move. United Airlines would shift these jobs from its payroll and hire other companies to provide the employees, under the outsourcing plan.
NEW YORK, July 7- Brent crude oil fell on Monday, edging toward $110 a barrel as fears of supply disruptions out of Libya and Iraq abated. The North Sea oil benchmark reached a new three-week low, as Libya prepared to resume oil exports from two ports closed for nearly a year and violence in northern Iraq has spared the country's oil production.
NEW YORK, July 7- Brent crude oil fell toward $110 a barrel on Monday, as fears of supply disruptions out of Libya and Iraq abated. The North Sea oil benchmark reached a new three-week low, as Libya prepared to resume oil exports from two ports closed for nearly a year and violence in northern Iraq has spared the country's oil production.
*Nonfarm payrolls expected to have risen 212,000 in June. WASHINGTON, July 3- U.S. employment growth is expected to have continued at a solid clip in June, which would further dispel fears about the economy's health and underscore its momentum heading into the second half of 2014..
*Southwest growth helps Nashville bounce back. As Nashville discovered, it can take years of adjustments to come to terms with an airline's decision to pull back.
NEW YORK, July 2- The year's best performing large-cap growth fund is run by a Charlotte, North Carolina- based manager who is more likely to bargain-hunt than chase the latest hot stock. He's done that by adding companies such as Apple Inc, Halliburton Co and Akamai Technologies Inc after the shares of each suffered a short-term drop.
NEW YORK, June 30- Brent crude fell toward $112 a barrel on Monday, hitting an 18- day low as did U.S. crude near $105, as investors grew less worried about potential supply disruptions from Iraq.
NEW YORK, June 30- Brent crude fell more than $1 on Monday, nearing $112 a barrel while U.S. crude slipped below $105 as investors grew less worried about potential supply disruptions from Iraq. Heavy fighting in the north of Iraq has had little impact on the southern refineries that produce around 90 percent of the OPEC member's oil shipments.
WASHINGTON, June 26- U.S. consumer spending rose less than expected in May, prompting economists to downgrade estimates for second-quarter growth. Healthcare spending has been volatile with the implementation of President Barack Obama's signature law early this year, but the swings should subside as the year progresses, economists said.
June 25- Bank of America Corp is laying off 540 workers at its loss-making legacy assets and servicing business, which handles delinquent mortgage loans.
NEW YORK, June 22- Bank of America Corp will announce on Monday it will lower the threshold for consumers who qualify for discounts on loans and other benefits as the No. 2 U.S. bank seeks to win more business from existing customers.
Nucor forecast earnings between 35 cents and 40 cents a share, up from 27 cents a share a year earlier. The plant started production in December, and volume has been better than expected but yield needs work, Nucor said. Made from iron ore, direct reduced iron is a raw material used to make steel, and a substitute for scrap, Nucor's traditional feedstock.
WASHINGTON, June 17- U.S. consumer prices recorded their largest increase in more than a year in May as costs for a range of goods and services rose, likely easing the Federal Reserve's concerns that inflation was running too low.
*Payout totals $97.2 million including restitution, fine. June 16- Bank of America Corp's Merrill Lynch unit was fined $8 million and will reimburse $24.4 million to customers to settle allegations that it overcharged more than 47,000 retirement accounts and charities that invested in mutual funds.
*Brent hits six-month high over $112 on Iraq supply worries. NEW YORK, June 12- Oil prices jumped to the highest level this year on Thursday on growing concerns that escalating violence in Iraq could disrupt oil supplies from the second-largest OPEC producer.