CEO Brian Moynihan said the bank faces up to an additional $9 billion in costs related to the financial crisis and mortgages beyond its reserves.» Read More
Super Bowl Sunday is an economic boon for many U.S. companies, and the impact is perhaps no stronger than in the food service industry, two food CEOs told CNBC on Monday.
Pimco's Bill Gross sees a "supernova" lurking in investing universe that could see investors lost in space.
A recently discovered new form of Android malware cannot only infect your smartphone, but also target your PC to spy on you.
Jamie Dimon explains to a Citi analyst that Volcker, derivatives reforms and higher capital rules make it tougher for smaller players to compete with the megabanks.
Consumers have been spending more on gasoline than they have in nearly three decades.
A new survey from Spectrem Group finds that only 20 percent of affluent and wealthy investors agree that "money can buy happiness."
Unless Congress acts, job losses from scheduled budget cuts on March 1 could throw the U.S. economy into another recession, some analysts predict.
U.S. factory orders increased in December even though companies trimmed their orders for goods that signal investment plans. The Commerce Department said factory orders rose 1.8 percent compared to November, when orders had fallen 0.3 percent.
CNBC's Brian Shactman on the biggest winners and losers from the big game.
Oracle has agreed to buy Acme Packet, which makes network equipment to speed up voice, video and data delivery across networks, for about $2 billion.
Herbalife shares plunged Monday after a newspaper reported the seller of weight loss products is facing a law enforcement probe, which the company denied.
Japan Airlines said it will talk to Boeing about compensation for the grounding of the 787 Dreamliner, adding that the idling of its jets would cost it nearly $8 million.
McDonald's said it is offering its first new Happy Meal entree in a decade: Fish McBites.
New Orleans is bracing for fallout from the Super Bowl power outage that stopped the game for more than 30 minutes.
Internal trading records raise questions on whether the government will be able to build a case against Steven A. Cohen, the billionaire owner of the hedge fund.
Chrysler's Jeep ad featuring a patriotic salute to U.S. troops and narration by Oprah Winfrey, an Oreo ad asking viewers to vote cookie or creme, and a scantily clad male Calvin Klein model were among standout commercials during a Super Bowl that suffered a half-hour partial blackout delay on Sunday.
Scores of independent mortgage lenders and community banks are winning business from banks such as Citigroup or Bank of America that have retrenched after the financial crisis.
Blackstone, one of the world's largest alternative asset managers, has quietly secured a securities underwriting licence as its expanding capital markets operation strays into investment banking territory.
The head of a key pan-European industry group has sharply criticized intensifying pressure from US lobbyists on behalf of Google and Facebook to relax EU privacy laws to suit Silicon Valley businesses.
Jacoby Jones took the 2nd half kickoff back 109 yards - setting an NFL record - to extend the Baltimore Ravens' lead to 28-6 early in the third quarter. NBC News reports.
Apple and Sam Sung have parted ways. CNBC has learned that Sam Sung hasn’t worked at the giant tech company for months.
The search giant's voice-activated search service, Google Now, is now just as good as Apple's Siri.
President Barack Obama shook hands with Cuban President Raul Castro Tuesday at a memorial service for Nelson Mandela.
Former Federal Reserve chairman Alan Greenspan, and John Taylor, former U.S Treasury Undersecretary, debate short and long-term rates under Greenspan's Fed. There was a high correlation between short and long-term rates before 2003, defends Greenspan.
Former Federal Reserve chairman Alan Greenspan, and John Taylor, former U.S Treasury Undersecretary, debate what is to blame for the housing bubble. Taylor says monetary impulse is a big factor.
Steve McMahon, Democratic Strategist; and Robert Traynham, former Bush-Cheney Senior Advisor, discuss possible splits in Congress the new budget deal may cause.