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Pranab worried over rising food inflation - Business TodayBusiness TodayPranab worried over rising food inflationBusiness Today... he said the rise in prices of food items could be checked by creating storage facilities and bringing in institutional reforms in the agricultural marketing. "Food inflation is a matter of concern, particularly it has reached the double digit.April inflation rises sharply to 7.23 per centDeccan HeraldIndia inflation posts surprise 7.23% jumpNinemsnInflation zooms to 7.23%; increases worries for RBIIndian ExpressChandigarh Tribune -Daily Mailall 1,212 news articles »
Bank of America might sell more branches -5/18/2012, 9:42 AM - Hays Daily NewsHays Daily NewsBank of America might sell more branches -5/18/2012, 9:42 AMHays Daily NewsBy JERRY SIEBENMARK WICHITA -- A report published this week says Bank of America has begun selling branches in markets that are less important to it, and many more branch sales could be on the way in smaller markets -- including four Kansas cities, ...Bank of America has shed 70 branches this yearCharlotte ObserverBank of America plans to sell some branchesPhoenix Business JournalBank of America shuttered 154 branches in Q1San Francisco Business Times (blog)Jacksonville Business Journalall 9 news articles »
Merrill Sued by South Korea's Woori Bank Over CDO Losses - BloombergMerrill Sued by South Korea's Woori Bank Over CDO LossesBloombergBank of America Corp.'s Merrill Lynch unit was sued by Woori Bank over losses on $143 million in collateralized debt obligations, or CDOs. Woori, based in Seoul, claimed in a complaint filed today in Manhattan federal court that Merrill defrauded it in ...and more »
Will U.S. Banks Cut Their Dividends Due To Basel III? - Seeking AlphaTelegraph.co.ukWill U.S. Banks Cut Their Dividends Due To Basel III?Seeking AlphaThe report says 29 global systemically important financial institutions ((G-SIFI)), including major US banks, will have to allocate 23% more in capital provisioned for potential loan losses. For a median bank, this amount would equal to no less than ...Fitch Ratings: World's Biggest Banks May Need To Raise $566 To Comply With New ...Huffington Postall 153 news articles »
More Cellphone Data Usage Tips - New York Times (blog)More Cellphone Data Usage TipsNew York Times (blog)Some added tidbits that have come to light: * I complained mightily that Verizon's app required you to enter your phone number and password every time you wanted to check your usage. Several readers noted that when you're not in a Wi-Fi network, ...and more »
Banks in U.S. Sold More Europe-Debt Insurance as Risks Rose - San Francisco ChronicleBloombergBanks in U.S. Sold More Europe-Debt Insurance as Risks RoseSan Francisco Chronicle(Updates with increase in default-swap sales in eighth paragraph and rise in Spanish banks' bad loans in the 18th.) May 18 (Bloomberg) -- US banks increased sales of protection against credit losses to holders of Greek, Portuguese, Irish, ...US Banks Sold More Swaps on European Debt as Risks RoseBusinessWeekall 5 news articles »
Homicide suspected in man's death - Herald ZeitungHomicide suspected in man's deathHerald ZeitungNEW BRAUNFELS — Comal County Sheriff's Office deputies, responding to a call Wednesday morning to check on a resident's welfare, discovered a man dead in a bathtub at a home just outside the New Braunfels city limits, authorities said.and more »
4 Euro Crisis Targets in U.S. Banks' Crosshairs - TheStreet.com4 Euro Crisis Targets in U.S. Banks' CrosshairsTheStreet.comBy Philip van Doorn 05/18/12 - 06:00 AM EDT NEW YORK (TheStreet) -- Four large European bank US subsidiaries could be on the block following downgrades of 16 Spanish banks by Moody's Investor Service. "We need a high price for it to work, ...and more »
Banks Suing Over MBIA Restructuring Finish Opening Arguments - BusinessWeekBanks Suing Over MBIA Restructuring Finish Opening ArgumentsBusinessWeekNew York State Supreme Court Justice Barbara Kapnick in Manhattan is overseeing a nonjury trial on Bank of America Corp. (BAC) and Societe Generale SA (GLE)'s claims that the February 2009 approval of MBIA's proposal by then-Insurance Superintendent ...and more »
Donald Fry: We Can't Throw Transit Under the Fiscal Bus - Citybizlist Real EstateDonald Fry: We Can't Throw Transit Under the Fiscal BusCitybizlist Real EstateWhile detractors scoff at the comparative numbers of transit riders versus highway drivers in Maryland, it's worth noting that the 6.2 percent of workers aged 16 and older in the Baltimore region who use public transit ranks the region 5th among 20 ...