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Bank of America Corp

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  • AP Top Extended Financial Headlines At 12:19 p.m. EDT Thursday, 21 Aug 2014 | 12:19 PM ET

    Family Dollar spurns Dollar General takeover bid on antitrust issues, backs Dollar Tree deal Justice Dept. announces nearly $17 billion settlement with Bank of America Accounting obscurities mean US settlement with Bank of America might not cost bank $17 billion Stocks mostly rise, helped by jobs data; BofA up after reaching deal with Justice Department US existing home sales rise for 4th straight month in latest sign of housing rebound Measure of economy's future health posts 0.9 percent rise in July, biggest gain since March United Airlines is improving first class meal offerings in push to win over business travelers Sears 2nd- quarter loss widens as retailer continues to deal with sluggish sales Music streaming site SoundCloud to start paying artists share of ad revenue Applications for US jobless aid fall by 14 K to 298 K, another sign the job market is healing

  • AP Top Extended Financial Headlines At 12:11 p.m. EDT Thursday, 21 Aug 2014 | 12:11 PM ET

    Family Dollar spurns Dollar General takeover bid on antitrust issues, backs Dollar Tree deal Justice Dept. announces nearly $17 billion settlement with Bank of America Accounting obscurities mean US settlement with Bank of America might not cost bank $17 billion Stocks mostly rise, helped by jobs data; BofA up after reaching deal with Justice Department US existing home sales rise for 4th straight month in latest sign of housing rebound Measure of economy's future health posts 0.9 percent rise in July, biggest gain since March United Airlines is improving first class meal offerings in push to win over business travelers Sears 2nd- quarter loss widens as retailer continues to deal with sluggish sales Applications for US jobless aid fall by 14 K to 298 K, another sign the job market is healing Reports: Russia conducts checks at McDonald's restaurants after 4 are shuttered in Moscow

  • Why that 20% bank pay raise may be deceiving Thursday, 21 Aug 2014 | 11:57 AM ET

    Wall Street banks may appear to be offering higher salaries to junior employees, but the increase may not be as generous as it looks.

  • AP Top Extended Financial Headlines At 11:40 a.m. EDT Thursday, 21 Aug 2014 | 11:40 AM ET

    Family Dollar spurns Dollar General takeover bid on antitrust issues, backs Dollar Tree deal Justice Dept. announces nearly $17 billion settlement with Bank of America Accounting obscurities mean US settlement with Bank of America might not cost bank $17 billion US existing home sales rise for 4th straight month in latest sign of housing rebound Measure of economy's future health posts 0.9 percent rise in July, biggest gain since March Stocks mostly rise, helped by jobs data; BofA up after reaching deal with Justice Department United Airlines is improving first class meal offerings in push to win over business travelers Sears 2nd- quarter loss widens as retailer continues to deal with sluggish sales Applications for US jobless aid fall by 14 K to 298 K, another sign the job market is healing Reports: Russia conducts checks at McDonald's restaurants after 4 are shuttered in Moscow

  • AP Top Extended Financial Headlines At 11:31 a.m. EDT Thursday, 21 Aug 2014 | 11:31 AM ET

    Family Dollar spurns Dollar General takeover bid on antitrust issues, backs Dollar Tree deal Justice Dept. announces nearly $17 billion settlement with Bank of America Accounting obscurities mean US settlement with Bank of America might not cost bank $17 billion US existing home sales rise for 4th straight month in latest sign of housing rebound Measure of economy's future health posts 0.9 percent rise in July, biggest gain since March Stocks mostly rise, helped by jobs data; BofA up after reaching deal with Justice Department United Airlines is improving first class meal offerings in push to win over business travelers Sears 2nd- quarter loss widens as retailer continues to deal with sluggish sales Applications for US jobless aid fall by 14 K to 298 K, another sign the job market is healing Reports: Russia conducts checks at McDonald's restaurants after 4 are shuttered in Moscow

  • AP Top Extended Financial Headlines At 11:15 a.m. EDT Thursday, 21 Aug 2014 | 11:15 AM ET

    Family Dollar spurns Dollar General takeover bid on antitrust issues, backs Dollar Tree deal Justice Dept. announces nearly $17 billion settlement with Bank of America Accounting obscurities mean US settlement with Bank of America might not cost bank $17 billion US existing home sales rise for 4th straight month in latest sign of housing rebound Measure of economy's future health posts 0.9 percent rise in July, biggest gain since March Stocks mostly rise, helped by jobs data; BofA up after reaching deal with Justice Department United Airlines is improving first class meal offerings in push to win over business travelers Sears 2nd- quarter loss widens as retailer continues to deal with sluggish sales Applications for US jobless aid fall by 14 K to 298 K, another sign the job market is healing Reports: Russia conducts checks at McDonald's restaurants after 4 are shuttered in Moscow

  • AP Top Extended Financial Headlines At 10:54 a.m. EDT Thursday, 21 Aug 2014 | 10:54 AM ET

    Family Dollar spurns Dollar General takeover bid on antitrust issues, backs Dollar Tree deal Justice Dept. announces nearly $17 billion settlement with Bank of America Accounting obscurities mean US settlement with Bank of America might not cost bank $17 billion US existing home sales rise for 4th straight month in latest sign of housing rebound Measure of economy's future health posts 0.9 percent rise in July, biggest gain since March Stocks mostly rise, helped by jobs data; BofA up after reaching deal with Justice Department United Airlines is improving first class meal offerings in push to win over business travelers Sears 2nd- quarter loss widens as retailer continues to deal with sluggish sales Applications for US jobless aid fall by 14 K to 298 K, another sign the job market is healing Reports: Russia conducts checks at McDonald's restaurants after 4 are shuttered in Moscow

  • AP Top Extended Financial Headlines At 10:50 a.m. EDT Thursday, 21 Aug 2014 | 10:50 AM ET

    Family Dollar spurns Dollar General takeover bid on antitrust issues, backs Dollar Tree deal Justice Dept. announces nearly $17 billion settlement with Bank of America Accounting obscurities mean US settlement with Bank of America might not cost bank $17 billion US existing home sales rise for 4th straight month in latest sign of housing rebound Stocks mostly rise, helped by jobs data; BofA up after reaching deal with Justice Department United Airlines is improving first class meal offerings in push to win over business travelers Sears 2nd- quarter loss widens as retailer continues to deal with sluggish sales Applications for US jobless aid fall by 14 K to 298 K, another sign the job market is healing Reports: Russia conducts checks at McDonald's restaurants after 4 are shuttered in Moscow US home sales pace likely slowed in July from previous month

  • AP Top Extended Financial Headlines At 10:45 a.m. EDT Thursday, 21 Aug 2014 | 10:45 AM ET

    Family Dollar spurns Dollar General takeover bid on antitrust issues, backs Dollar Tree deal Justice Dept. announces nearly $17 billion settlement with Bank of America Accounting obscurities mean US settlement with Bank of America might not cost bank $17 billion US existing home sales rise for 4th straight month in latest sign of housing rebound Stocks mostly rise, helped by jobs data; BofA up after reaching deal with Justice Department United Airlines is improving first class meal offerings in push to win over business travelers Sears 2nd- quarter loss widens as retailer continues to deal with sluggish sales Applications for US jobless aid fall by 14 K to 298 K, another sign the job market is healing Reports: Russia conducts checks at McDonald's restaurants after 4 are shuttered in Moscow US home sales pace likely slowed in July from previous month

  • AP Top Extended Financial Headlines At 10:44 a.m. EDT Thursday, 21 Aug 2014 | 10:44 AM ET

    Family Dollar spurns Dollar General takeover bid on antitrust issues, backs Dollar Tree deal Justice Dept. announces nearly $17 billion settlement with Bank of America Accounting obscurities mean US settlement with Bank of America might not cost bank $17 billion US existing home sales rise for 4th straight month in latest sign of housing rebound Stocks mostly rise, helped by jobs data; BofA up after reaching deal with Justice Department United Airlines is improving first class meal offerings in push to win over business travelers Sears 2nd- quarter loss widens as retailer continues to deal with sluggish sales Applications for US jobless aid fall by 14 K to 298 K, another sign the job market is healing Reports: Russia conducts checks at McDonald's restaurants after 4 are shuttered in Moscow US home sales pace likely slowed in July from previous month

  • New York gets $800M in Bank of America settlement Thursday, 21 Aug 2014 | 10:24 AM ET

    ALBANY, N.Y.— New York state will get $800 million as its share of a national $16.65 billion settlement with Bank of America over its role in the sale of mortgage-backed securities in the run-up to the financial crisis, New York Attorney General Eric Schneiderman said Thursday.

  • AP Top Financial News At 10:20 a.m. EDT Thursday, 21 Aug 2014 | 10:20 AM ET

    Family Dollar rejects Dollar General offer Justice Dept. announces $17 B settlement with BofA Why Bank of America deal might not cost it $17 B US existing home sales rise for 4th straight month Stocks move higher for fourth day United lures top fliers with promise of a hot meal Sears 2 Q loss widens on sluggish sales Applications for US unemployment aid fall to 298 K Russia checks more McDonald's after closing 4 Ahead of the Bell: US home sales

  • AP Top Extended Financial Headlines At 10:20 a.m. EDT Thursday, 21 Aug 2014 | 10:20 AM ET

    Family Dollar spurns Dollar General takeover bid on antitrust issues, backs Dollar Tree deal Justice Dept. announces nearly $17 billion settlement with Bank of America Accounting obscurities mean US settlement with Bank of America might not cost bank $17 billion US existing home sales rise for 4th straight month in latest sign of housing rebound Stocks mostly rise, helped by jobs data; BofA up after reaching deal with Justice Department United Airlines is improving first class meal offerings in push to win over business travelers Sears 2nd- quarter loss widens as retailer continues to deal with sluggish sales Applications for US jobless aid fall by 14 K to 298 K, another sign the job market is healing Reports: Russia conducts checks at McDonald's restaurants after 4 are shuttered in Moscow US home sales pace likely slowed in July from previous month

  • AP Top Financial News At 10:17 a.m. EDT Thursday, 21 Aug 2014 | 10:17 AM ET

    Family Dollar rejects Dollar General offer Justice Dept. announces $17 B settlement with BofA Stocks move higher for fourth day Why Bank of America deal might not cost it $17 B US existing home sales rise for 4th straight month United lures top fliers with promise of a hot meal Sears 2 Q loss widens on sluggish sales Applications for US unemployment aid fall to 298 K Russia checks more McDonald's after closing 4 Ahead of the Bell: US home sales

  • AP Top Extended Financial Headlines At 10:17 a.m. EDT Thursday, 21 Aug 2014 | 10:17 AM ET

    Family Dollar spurns Dollar General takeover bid on antitrust issues, backs Dollar Tree deal Justice Dept. announces nearly $17 billion settlement with Bank of America Stocks mostly rise, helped by jobs data; BofA up after reaching deal with Justice Department Accounting obscurities mean US settlement with Bank of America might not cost bank $17 billion US existing home sales rise for 4th straight month as supply grows, price gains moderate United Airlines is improving first class meal offerings in push to win over business travelers Sears 2nd- quarter loss widens as retailer continues to deal with sluggish sales Applications for US jobless aid fall by 14 K to 298 K, another sign the job market is healing Reports: Russia conducts checks at McDonald's restaurants after 4 are shuttered in Moscow US home sales pace likely slowed in July from previous month

  • AP Top Financial News At 10:15 a.m. EDT Thursday, 21 Aug 2014 | 10:15 AM ET

    Stocks open higher; S&P 500 heading for a record Family Dollar rejects Dollar General offer Justice Dept. announces $17 B settlement with BofA Why Bank of America deal might not cost it $17 B US existing home sales rise for 4th straight month United lures top fliers with promise of a hot meal Sears 2 Q loss widens on sluggish sales Applications for US unemployment aid fall to 298 K Russia checks more McDonald's after closing 4 Ahead of the Bell: US home sales

  • BofA in record-busting mortgage settlement Thursday, 21 Aug 2014 | 10:01 AM ET
    A sign offering mortgage help at a Bank of America branch, New York City.

    Bank of America agreed to pay $16.65 billion to end investigations into mortgage securities that it sold in the run-up to the financial crisis.

  • AP Top Financial News At 10 a.m. EDT Thursday, 21 Aug 2014 | 10:01 AM ET

    Stocks open higher; S&P 500 heading for a record Family Dollar rejects Dollar General offer Justice Dept. announces $17 B settlement with BofA Why Bank of America deal might not cost it $17 B US existing home sales rise for 4th straight month Sears 2 Q loss widens on sluggish sales Applications for US unemployment aid fall to 298 K Russia checks more McDonald's after closing 4 Ahead of the Bell: US home sales Growth in China manufacturing weakens in August

  • WASHINGTON, Aug 21- Bank of America Corp has reached a $16.65 billion settlement with U.S. regulators to settle charges that it misled investors into buying troubled mortgage-backed securities. Bank of America said the accord is expected to reduce third-quarter earnings by about $5.3 billion before taxes, or about 43 cents per share after taxes.

  • AP Top Financial News At 9:51 a.m. EDT Thursday, 21 Aug 2014 | 9:51 AM ET

    Stocks open higher; S&P 500 heading for a record Family Dollar rejects Dollar General offer Justice Dept. announces $17 B settlement with BofA Why Bank of America deal might not cost it $17 B Sears 2 Q loss widens on sluggish sales Applications for US unemployment aid fall to 298 K Russia checks more McDonald's after closing 4 Ahead of the Bell: US home sales Growth in China manufacturing weakens in August Some Fed officials want to slow economic help soon