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Staggering Losses at J.P. Morgan; Banking Scandal in Britain…
How Apple, Other Tech Companies Take Advantage of U.S. Tax Code…
As private equity firms gain more attention this election season, Judy Woodruff discusses whether private equity activity is more focused on short-term profits or the long-term health of companies with The Riverside Company's Stewart Kohl and author Josh Kosman.
Two ailing banks that just a few months ago symbolized many of the troubles afflicting the American banking system posted strong second-quarter profits Friday, exceeding analysts' expectations.
By PBS NewsHour
Robert Frank: Why has Apple restricted its popular iPhone to just a single wireless network in both the United States and the United Kingdom? Apple was shrewd to take this step. When it first hit the market in the…
By Business Desk
Question: I understand that President Obama is going after the use of offshore tax havens by U.S. corporations. My gut feeling is that he’s right to do this, but I’ve never really heard both sides of the argument. Is there…
Question: Banks like Wells Fargo and JP Morgan recently announced better-than-expected profits. The given reason is that they are making money on the refinancing of mortgages. Doesn’t mortgage refinancing imply lower rates of interest and repayment? How can they be…
Question: After three major banks – Citigroup, JP Morgan, and Goldman Sachs – announced better-than-expected earnings last week, Bank of America announced more than $4 billion in first-quarter profits today. How should we interpret this string of good earnings reports?…
Bank of America, the largest U.S. lender by assets, reported that its income in the first quarter of 2009 more than tripled to $4.2 billion.
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