bank of america

IT investment region to come up around Hyderabad


September 8th, 2012 - 6:19 pm ICT by IANS
Hyderabad, Sep 8 (IANS) This information technology hub is expected to witness rapid growth in the IT sector with the setting up of investment region around the city.The central government ... Read more...

Posted in Sci-Tech |

Chinese man lied about buying US bank, arrested


June 11th, 2012 - 7:50 pm ICT by IANS
Beijing, June 11 (IANS) A Chinese entrepreneur who fabricated a story about buying a US bank has been arrested on suspicion of tax fraud.Lin Chunping from Wenzhou city was arrested ... Read more...

Posted in Business |

US banks see moderate economic growth with risks


June 9th, 2012 - 1:15 pm ICT by IANS
Washington, June 9 (IANS) The US economy will continue to grow at a moderate pace, with ongoing downside risks from Europe and the looming "fiscal cliff", said the American Bankers ... Read more...

Posted in Business |

Bank of America earnings beat estimates


April 20th, 2012 - 1:27 pm ICT by IANS
New York, April 20 (IANS) Bank of America Corp. released lower earnings for the first quarter Thursday, but the results still beat Wall Street's estimates as the credit quality improved.The ... Read more...

Posted in Business |

US stocks lower amid weak economic data


April 20th, 2012 - 1:32 am ICT by IANS
New York, April 19 (IANS) US stocks edged lower Thursday as the latest string of weak economic data overshadowed better-than-expected corporate earnings.The US Labor Department said that the number of ... Read more...

Posted in Business |

Diego Rivera sketches undergo restoration


March 2nd, 2012 - 12:31 pm ICT by IANS
Mexico City, March 2 (IANS/EFE) Four sketches made by Mexican artist Diego Rivera in the 1930s for New York's Rockefeller Center are being restored with a grant from Bank ... Read more...

Posted in Life Style |

US stocks flat as Europe debt fears linger (Lead)


February 28th, 2012 - 7:58 am ICT by IANS
New York, Feb 28 (IANS) US stocks ended flat Monday as positive US housing sales data offset the lingering European debt concerns, Xinhua reported.The Dow Jones industrial average was trading ... Read more...

Posted in Business |

Cyndi Lauper set for theatre debut with ‘Kinky Boots’ musical


February 24th, 2012 - 1:44 pm ICT by IANS
Los Angeles, Feb 24 (IANS) Veteran singer Cyndi Lauper forays into theatre with the Broadway musical of the 2005 movie "Kinky Boots" which is scheduled to be staged in October ... Read more...

Posted in Uncategorized |

Squatter Kenneth Robinson vacates his $16 home


February 7th, 2012 - 11:03 pm ICT by Aishwarya Bhatt
Flower Mound, Feb 7 (THAINDIAN NEWS) Squatter Kenneth Robinson’s luck ran out on Monday when he had to vacate his upscale house which was worth more than $300,000. The history is that ... Read more...

Posted in Odd news |

Bigots hissed, but no stopping carnival of letters (Lit Fest Review)


January 25th, 2012 - 4:21 pm ICT by IANS
Jaipur, Jan 25 (IANS) The absent Salman Rusdhie may have stolen the headlines, but the five-day Jaipur Literary Festival will be remembered for its many incandescent moments when poetry intersected ... Read more...

Posted in Life Style |

16th century Mumbai museum manuscript to be restored


January 19th, 2012 - 12:53 am ICT by IANS
Mumbai, Jan 18 (IANS) A 16th century illustrated manuscript in a Mumbai museum will be restored with funds from Bank of America through its conservation project, officials said here Wednesday.The ... Read more...

Posted in Life Style |

Government has key role in primary education: Stiglitz


January 15th, 2012 - 12:14 am ICT by IANS
Kolkata, Jan 14 (IANS) Nobel laureate economist Joseph Stiglitz feels that government should play an important role in providing primary education as it enables the poor to have access to ... Read more...

Posted in Business |

Forbes’ ‘tomorrow’s brightest stars’ includes 10 Indians (Lead)


December 21st, 2011 - 6:33 pm ICT by IANS
Washington, Dec 21 (IANS) Ten Indians, including a 17-year-old, rub shoulders with the likes of Facebook founder Mark Zuckerberg and pop stars Lady Gaga and Justin Bieber in a ... Read more...

Posted in Business |

10 Indians among Forbes’ ‘tomorrow’s brightest stars’


December 21st, 2011 - 11:34 am ICT by IANS
Washington, Dec 21 (IANS) Ten Indians rub shoulders with the likes of Facebook founder Mark Zuckerberg, human rights activist Ronan Farrow and pop stars Lady Gaga and Justin Bieber ... Read more...

Posted in Business |

US economic growth to remain slow in 2012: Experts


December 20th, 2011 - 3:15 pm ICT by IANS
Washington, Dec 20 (IANS) The US economy is projected to grow at a slow pace because of ongoing challenges, American experts said Monday. The housing market will probably remain relatively ... Read more...

Posted in Business |

S&P; slashes top US banks’ credit ratings


November 30th, 2011 - 1:33 pm ICT by IANS
New York, Nov 30 (IANS) Standard & Poors Ratings Services said Tuesday it has slashed top US banks' ratings as part of a process of "applying its new ratings criteria ... Read more...

Posted in Business |

Wall Street ends mixed despite EU optimism


November 30th, 2011 - 5:50 am ICT by IANS
New York, Nov 30 (IANS) The US stocks ended mixed Tuesday despite optimism over euro zone meetings and better-than-expected Italian bond auction, Xinhua reported.Tuesday's move came after Monday's rally, in ... Read more...

Posted in Business |

Chanda Kochhar tops India’s powerful businesswomen’s list (Lead)


November 8th, 2011 - 10:10 pm ICT by IANS
New Delhi, Nov 8 (IANS) ICICI Bank MD and CEO Chanda Kochhar tops Fortune India's 50 Most Powerful Women in Business list, which also includes Ekta Kapoor and Farah ... Read more...

Posted in Entertainment |

Bank of America cancels debit card fees


November 2nd, 2011 - 12:17 am ICT by Aishwarya Bhatt
Washington, Nov 1 (THAINDIAN NEWS) Bank of America has canceled its debit card fees. The bank announced that the decision was influenced by the request of the numerous customers. The bank’s decision ... Read more...

Posted in Business |

WikiLeaks suspends publishing


October 25th, 2011 - 4:34 am ICT by IANS
London, Oct 25 (IANS/RIA Novosti) Whistleblowing website WikiLeaks is suspending publishing operations in order to concentrate the group's resources on fighting a "blockade" by credit card companies, its founder Julian ... Read more...

Posted in World |

Wall Street up on European hopes, bank rally


October 19th, 2011 - 5:56 am ICT by IANS
New York, Oct 19 (IANS) The US stocks ended sharply higher Tuesday amid strong performance in financial sector and news that European policymakers were planning a two-trillion-euro fund, Xinhua reported. The ... Read more...

Posted in Business |

Vikram Pandit: ‘Occupy Wall Street’ sentiments understandable


October 13th, 2011 - 11:24 am ICT by IANS
Washington, Oct 13 (IANS) Banking giant Citigroup's Indian American CEO Vikram Pandit thinks the sentiments of the Occupy Wall Street protesters are "completely understandable" as US economy recovery fell short ... Read more...

Posted in Business |

Bank of America to eliminate 30,000 jobs


September 13th, 2011 - 11:51 am ICT by IANS
New York, Sep 13 (IANS/EFE) Bank of America Corp., the largest US financial institution by assets, announced Monday a restructuring plan that calls for $5 billion in annual cost reductions ... Read more...

Posted in Business |

Bank of America to cut 30,000 jobs


September 13th, 2011 - 2:42 am ICT by IANS
Washington, Sep 13 (IANS) Bank of America said Monday that it will cut about 30,000 jobs over the next few years to slash costs, Xinhua reported.The job reduction is part ... Read more...

Posted in Business |

US sues financial firms over mortgage losses


September 3rd, 2011 - 12:44 pm ICT by IANS
Washington, Sep 3 (IANS) A US federal agency has filed lawsuits against 17 financial institutions, including Indian-American CEO Vikram Pandit-led Citigroup, in an attempt to recover billions of dollars in ... Read more...

Posted in Business |

Wall Street rises sharply


August 30th, 2011 - 4:54 am ICT by IANS
New York, Aug 30 (IANS) The Wall Street surged Monday as hurricane Irene was not as bad as previously estimated, with Dows jumping over 250 points and Nasdaq increasing over ... Read more...

Posted in Business |

WSJ: Bank of America to cut up to 10,000 jobs


August 19th, 2011 - 7:21 pm ICT by BNO News
CHARLOTTE, NORTH CAROLINA (BNO NEWS) -- Bank of America Corp. is cutting at least 3,500 jobs by the end of next month as part of a major restructuring effort which could see ... Read more...

Posted in Business |

Wall Street recovers from last week’s losses


August 16th, 2011 - 5:43 am ICT by IANS
New York, Aug 16 (IANS) Wall Street rallied Monday helping to erase all losses after the Standard & Poor's downgrading of the US rating, as investors were hunting bargains following ... Read more...

Posted in Business |

Working on leads on fake varsities: US official


August 11th, 2011 - 11:51 pm ICT by IANS
Mumbai, Aug 11 (IANS) The US government has leads on fake universities in the country and is working on the issue, a US official said here Thursday."The government is concerned ... Read more...

Posted in Uncategorized |

Pandit says Citigroup now ‘a different company’


August 10th, 2011 - 12:34 pm ICT by IANS
Washington, Aug 10 (IANS) Citigroup's Indian American CEO Vikram Pandit has reassured employees that notwithstanding the decline in its stock price, the bank was healthier than it was before the ... Read more...

Posted in Uncategorized |

US markets suffer sharpest drop since 2008


August 9th, 2011 - 10:59 am ICT by IANS
Washington, Aug 9 (IANS) In Wall Street's worst day since the 2008 financial crisis, all three major US stock indexes sank between 5 percent and 7 percent as fearful ... Read more...

Posted in Business |

US markets plunge after the downgrade


August 8th, 2011 - 11:05 pm ICT by IANS
Washington, Aug 8 (IANS) US stocks plunged sharply as Wall Street opened Monday, the first day of trading after Standard & Poor's historical downgrade of the United States' top notch ... Read more...

Posted in World |

90,000 email addresses hacked from US military contractor


July 12th, 2011 - 9:52 pm ICT by IANS
London, July 12 (IANS) Hackers have attacked the computer network of a US military contractor and stolen 90,000 email addresses, the Telegraph reported.A wing of hacking group Anonymous said it ... Read more...

Posted in World |

US stocks gain for third day


June 30th, 2011 - 4:32 am ICT by IANS
New York, June 30 (IANS) US stocks extended gains for the third straight day Wednesday after the Greek parliament passed a five-year austerity plan, paving the way for a new ... Read more...

Posted in Business |

Supporters denounce Assange custody


June 17th, 2011 - 3:17 pm ICT by IANS
London, June 17 (IANS) WikiLeaks founder Julian Assange - now in house arrest in Britain - is living under "unduly burdensome" conditions, his supporters say. One said he was being ... Read more...

Posted in World |

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