Posts Tagged ‘America’

JP Morgan, Bank of America subject of money laundering probe

U.S. financial regulators are reportedly investigating JP Morgan Chase and Bank of America for possible breaches that allowed the flow of money to drug dealers or terrorists, according to a The New York Times report on Saturday. Article © AHN – All Rights Reserved Economy, Business And Finance Stories

Bank of America foreclosing on Henderson office building

The owner of a new – but troubled – Southern Nevada office building has agreed to give the property back to the bank. View full post on Business Stories

Airbus beats Boeing to £3.1bn Virgin deal

AIRBUS soared past its arch-rival Boeing yesterday, reporting record annual deliveries and a £3.1billion deal with Sir Richard Branson’s Virgin America. View full post on Business Stories

End of ‘Build America’ Bonds to Batter Munis

The end of the federally subsidized Build America Bonds may push up municipal yields and put more pressure on state and cities View full post on Finance Stories

Poll: Rahm Emanuel Leads Crowded Chicago Mayor Race

Kris Alingod – AHN News Contributor Chicago, IL, United States (AHN) – Former White House chief of staff Rahm Emanuel leads rivals in the race for Chicago mayor by double-digits, according to a new poll released Wednesday, the same day objections were filed challenging Emanuel’s residency in the city. The latest We Ask America poll […]

President Obama Looks Forward To Expanding Exports During Asia Trip

Tejinder Singh – AHN News Correspondent Washington, D.C., United States (AHN) – The Obama Administration is preparing to promote exports with “Made in America” brand from manufacturing sector during the upcoming presidential trip to Asia, officials told journalists on Monday. During his trip to Asia later this week, President Barack Obama would concentrate on opening […]

BP chief Bob Dudley: we’ll never quit America

The chief executive of BP has insisted the oil giant “will not be quitting America”, despite selling Gulf of Mexico fields it bought just eight months ago. View full post on UK Business Stories

Stocks Tank On Bank Of America Mortgage Woes

Windsor Genova – AHN News News Writer New York, NY, United States (AHN) – U.S. stocks plunged on Tuesday after reports that Bank of America is being forced to buy back bad mortgages. The Dow Jones Industrial Average lost 165 points or 1.48 percent to close at 10,979, its biggest drop since Aug. 11. Bank […]

Currency wars are necessary if all else fails

The overwhelming fact of the global currency system is that America needs a much weaker dollar to bring its economy back into kilter and avoid slow ruin, yet the rest of the world cannot easily handle the consequences of such a wrenching adjustment. There is not enough demand to go around. View full post on […]

Bank Of America Halts All Foreclosures To Conduct Review

The nation’s largest bank, Bank of America, on Friday halted foreclosures in all 50 states, becoming the first major bank to take that action. View full post on Banking Stories