Bank of America profit beats expectations as legal expenses fall
Bank of America, the No. 2 U.S. bank by assets, posted a first-quarter profit, narrowly beating analysts’ estimates, as costs fell and the bank earned more from mortgage banking.
Blog
Oil demand seen rising, but Iran calls for cut
Demand for oil will be higher this year than previously thought, according to new forecasts from the International Energy Agency (IEA), released Wednesday.
Finally, Congress OKs bill reshaping Medicare doctors' fees
Conservatives hated that it’s expected to swell federal deficits over the coming decade. Liberals complained that it shortchanged health programs for children and women. But after years of complaints and …
Futures climb as investors consider earnings reports
“Some first-quarter earnings have been a little more encouraging than people predicted,” said Patrick Spencer, equities vice-chairman at Robert W. Baird & Co. in London.
IEA Says OPEC Oil Supply Rose Most in Four Years
Saudi Arabia pumped close to a record amount of crude oil last month, leading the biggest surge in OPEC output in almost four years just as the U.S. shale boom shows signs of slowing, the International Energy Agency said. The Organization of Petroleum Exporting Countries may extend its biggest output gain since June 2011 into next month as recovery in Libya and Iraq adds to the Saudi increase, the IEA
Court: Wal-Mart can exclude gun sales proposal from proxy
A federal appeals court has ruled that Wal-Mart can exclude from its 2015 proxy statement a shareholder’s proposal to review the sale of some guns. The appeals court in Philadelphia on Tuesday reversed …
EU expected to file antitrust complaint against Google
The European Union’s competition chief is expected to file a complaint on Wednesday alleging Google has been abusing its dominance in Internet searches. After days of rising speculation, the EU said that …
Anderson Cooper and Boyfriend Benjamin Maisani Rock Matching Sneakers in NYC—See the Pic!
Looking good, fellas! Anderson Cooper and boyfriend Benjamin Maisani stepped out Tuesday in New York City wearing matching sneakers. Indeed, both fellas rocked the same Adidas sneakers…
Khloé Kardashian Gets Attacked By an Ostrich—See the Wild KUWTK Deleted Scene!
The best parts of road trips are the unexpected pit stops that you make along the way. In this week’s episode of Keeping Up with The Kardashians, the girls found themselves in some unlikely…
So Is He Dead?! The Sopranos Creator David Chase Sheds Some Light on That Series Finale Ending
You remember the ending to The Sopranos. How could you forget? In case you DID forget, it had Tony Soprano (James Gandolfini) waiting for his family in a local diner. Carmela (Edie Falco) walked…