Editorial Results (free)
1. Median CEO Pay Rises to $9.7 Million in 2012
- Thursday, May 23, 2013
CEO pay has been going in one direction for the past three years: up.
The head of a typical large public company made $9.7 million in 2012, a 6.5 percent increase from a year earlier that was aided by a rising stock market, according to an analysis by The Associated Press using data from Equilar, an executive pay research firm.
2. Top White-Collar Crime Prosecutor Getting SEC Job
- Friday, January 25, 2013
WASHINGTON (AP) – President Barack Obama will nominate former U.S. attorney Mary Jo White, who built a reputation prosecuting white-collar crimes, to lead the Securities and Exchange Commission, an agency that has a central role in implementing Wall Street reform.
3. Touring NC, Obama Seeks Jobs Votes, Piece by Piece
- Tuesday, October 18, 2011
FLETCHER, N.C. (AP) – Railing against Republicans, President Barack Obama on Monday pushed for a jobs package that Congress is splintering into pieces, with Senate Democrats planning to start with a plan to help states hire teachers, police and firefighters. In campaign mode on the road, Obama accused Republicans senators of saying no to helping Americans.
4. Social Media Replacing Traditional Advertising
- Monday, September 19, 2011
The model for advertising once was for businesses to purchase advertising space in a traditional newspaper or magazine and tout product offerings to its audience.
Nowadays, anybody can be an ambassador on the Web.
5. Corporate Blogs at Heart of Seminar
- Tuesday, September 13, 2011
A marketing strategy is essential to any successful business model.
Companies that ignore the rising power of social media tools like Facebook, Twitter, LinkedIn, YouTube and blogs are sure to be ignored by potential consumers.
6. Fred Sanders to Receive Beale Street Brass Note
- Friday, March 18, 2011
Music legend Fred Sanders spent most of his days playing guitar in Memphis’ Handy Park.
As the house guitarist at the old Club Paradise, Sanders played alongside other Memphis music legends, including B.B. King, Bobby “Blue” Bland and Albert King. Sanders also played his music at Blues Alley on Front Street, leaving tourists in awe and was a particular favorite of traveling blues aficionados.
7. Bank of America Taps Ex-Northrop Exec for CFO Post
- Thursday, April 15, 2010
CHARLOTTE, N.C. (AP) - Bank of America said Wednesday it named an outsider, former Northrop Grumman executive Charles H. Noski, as its chief financial officer.
Bank of America Corp. was expected to bring in leaders from outside as it tries to improve relations with regulators, handle investigations into the bank's purchase of Merrill Lynch, and restore shareholder morale.
8. CIT Names Ex-Merrill CEO Thain as Chairman, CEO
- Tuesday, February 09, 2010
NEW YORK (AP) - John Thain is getting a second chance.
CIT Group Inc. tapped the former Merrill Lynch CEO to become its chairman and chief executive.
9. BofA Loses $5.2B in Q4 as it Repays Bailout
- Thursday, January 21, 2010
CHARLOTTE, North Carolina (AP) - Bank of America Corp. reported Wednesday it lost $5.2 billion during the final three months of 2009 as consumers struggled to make mortgage and credit card payments and the bank repaid its government bailout money.
10. BofA Names Executive Team, Looking for New CFO
- Wednesday, January 13, 2010
NEW YORK (AP) - Bank of America Corp. is shuffling its senior management team, moving its chief financial officer over to lead consumer and small business banking and naming a new chief risk officer.
11. Brian Moynihan to Succeed Ken Lewis as BofA CEO
- Friday, December 18, 2009
CHARLOTTE, North Carolina (AP) - Bank of America's new CEO says he doesn't expect to lead a major shift in strategy at America's largest bank when he takes over from Ken Lewis on Jan. 1. But with loan losses continuing to mount amid double-digit unemployment rates, it remains to be seen whether investors will embrace staying the course.
12. BofA Repays $45B in Government Bailout Funds
- Thursday, December 10, 2009
CHARLOTTE, N.C. (AP) - Bank of America says it has repaid the entire $45 billion it owes U.S. taxpayers as part of the Troubled Asset Relief Program.
Bank of America funded the repayment through a combination of cash on hand and the sale of $19.29 billion of securities that would convert into common stock. The stock increase remains subject to shareholder approval.
13. Dems, Republicans at Odds over BofA, Merrill Deal
- Wednesday, November 18, 2009
WASHINGTON (AP) - A senior House Democrat says the government didn't force Bank of America to take over Merrill Lynch, but a bank board member said much pressure was applied and Republicans charged that a committee inquiry was covering up the role of an Obama administration official.
14. BofA CEO Says Financial Industry Recovery Slow
- Wednesday, November 11, 2009
CHARLOTTE, N.C. (AP) - Bank of America Corp.'s outgoing CEO Ken Lewis said Tuesday that the economy may be improving but the recovery in the financial industry remains slow.
15. Bank of America Loses $2.24B as Loan Losses Rise
- Monday, October 19, 2009
CHARLOTTE, N.C. (AP) - Bank of America Corp. said Friday it lost more than $2.2 billion in the third quarter as loan losses kept rising, providing more evidence that consumers are still struggling to pay their bills.
16. Bank of America Authorizes TARP Dividend Payment
- Monday, October 05, 2009
CHARLOTTE, N.C. (AP) - Bank of America Corp. said Friday its board authorized a $713 million dividend payment on preferred stock issued to the U.S. Treasury Department as part of the government's bank rescue program last year.
17. Report: Bank of America Offering to Repay Some Aid
- Wednesday, September 02, 2009
CHARLOTTE, N.C. (AP) - Bank of America Corp. is looking to pay back some of the billions in federal bailout aid it has received in an effort to get out from underneath the government's thumb, according to a published report.
18. Judge Sets Hearing on BofA-SEC Settlement
- Friday, August 07, 2009
CHARLOTTE, N.C. (AP) - A judge has ordered a hearing on a $33 million proposed settlement between the U.S. Securities and Exchange Commission and Bank of America Corp. over executive bonuses.
19. BofA Pays $33M SEC Fine Over Merrill Bonuses
- Tuesday, August 04, 2009
WASHINGTON (AP) - Bank of America Corp. has agreed to pay a $33 million penalty to settle government charges that it misled investors about Merrill Lynch's plans to pay bonuses to its executives, regulators said Monday.
20. BofA Could Eventually Cut 10 Pct of Branches
- Wednesday, July 29, 2009
CHARLOTTE, N.C. (AP) - Bank of America Corp. could eventually shrink its 6,100-branch network by about 10 percent as consumers utilize other methods of banking, a company spokesman said Tuesday.
21. Bank of America Earns $2.4B, Ahead of Estimates
- Monday, July 20, 2009
CHARLOTTE, N.C. (AP) - Bank of America joined other major banks in reporting better-than-expected second quarter income Friday, earning $2.42 billion even as losses from failed loans continued to rise.
22. Citi Boosting Salaries to Offset Lower Bonuses
- Thursday, June 25, 2009
NEW YORK (AP) - Citigroup Inc. is increasing the base salaries of many employees – reportedly by as much as 50 percent for some workers – as it restructures their compensation amid government restrictions on bonuses.
23. BofA CEO Lewis: Industry Consolidating, But Not Us
- Thursday, May 21, 2009
CHARLOTTE, North Carolina (AP) - Bank of America Corp.'s chief executive Ken Lewis expects consolidation in the banking industry to pick up as the economy stabilizes, but says his bank won't be participating.
24. WSJ: Gov't Pressuring Bank of America Board Change
- Monday, May 18, 2009
CHARLOTTE, N.C. (AP) - A report Friday said federal officials are pressuring Bank of America Corp. to revamp its board and bring in directors with more banking experience.
25. BofA CEO Lewis Lays Out Plans for Bank's Future
- Monday, May 11, 2009
NEW YORK (AP) - Bank of America's chief executive Ken Lewis laid out his plans for raising new capital to meet regulatory requirements after the government said the nation's largest bank is facing a $33.9 billion shortfall.
26. BofA Shares Rise Amid Reports of $34B Shortfall
- Thursday, May 07, 2009
NEW YORK (AP) - Bank of America Corp. stock rose in premarket trading after an initial decline, amid reports that it needs $34 billion in new capital.
27. BofA Delays Release of Votes on CEO Lewis
- Thursday, April 30, 2009
CHARLOTTE, North Carolina (AP) - Ken Lewis is keeping his seat on the Bank of America Corp. board, but his job title is less certain.
28. Bank of America Posts Q1 Profit But Stocks Fall
- Tuesday, April 21, 2009
CHARLOTTE, N.C. (AP) - Bank of America Corp. warned of worsening loan default problems Monday even as it posted a first-quarter profit of $2.81 billion. Investors concerned about the banking industry's health sent financial stocks and the overall market sharply lower.
29. Signs Recession Nears Bottom, But Layoffs Persist
- Friday, April 03, 2009
WASHINGTON (AP) - New signs that the recession could be nearing a bottom emerged Thursday, as factory orders were far better than expected and the Dow industrials surged over 8,000 for the first time in two months.
30. BofA Shareholder Looks to Oust CEO From Board
- Wednesday, March 25, 2009
NEW YORK (AP) - A group that owns Bank of America stock is waging a battle to get shareholders to vote against re-electing CEO Ken Lewis and two others to the bank's board of directors.
31. Merrill Lynch 2008 Loss Revised Higher by $533M
- Thursday, February 26, 2009
NEW YORK (AP) - Merrill Lynch & Co. disclosed late Tuesday its 2008 losses were about $533 million more than previously reported, according to a regulatory filing.
32. Gov't Looks to Quell Nationalization Fears
- Wednesday, February 25, 2009
WASHINGTON (AP) - The U.S. government on Tuesday sought to quell concerns that the administration is moving toward nationalization of the country's ailing financial system, but said it would provide additional support to banks that do not have an adequate buffer to survive in an even worse economy.
33. BofA's CEO Lewis Subpoenaed by Cuomo
- Monday, February 23, 2009
CHARLOTTE, N.C. (AP) - Bank of America Corp. Chief Executive Ken Lewis has received a subpoena from the New York state attorney general's office in connection with Merrill Lynch's payment of employee bonuses before the companies combined on Jan. 1.
34. BofA CFO: Bank Is Financially Strong
- Monday, February 16, 2009
CHARLOTTE, N.C. (AP) – Bank of America Corp. Chief Financial Officer Joe Price assured employees Friday the company has enough cash to finance operations for more than two years.
35. BofA Lewis: Moving Forward, a Week at a Time
- Wednesday, February 11, 2009
CHARLOTTE, N.C. (AP) - Bank of America Corp. chief executive Ken Lewis is telling employees he is focused on moving his business forward, despite a depressed stock price and rumors of nationalization.
36. BofA CEO Lewis Says Nationalization is 'Absurd'
- Monday, February 09, 2009
CHARLOTTE, N.C. (AP) - Bank of America Corp. Chief Executive Ken Lewis capped off a week of defending his bank and his role in it on Friday by firing back against rumors that his company could be in danger of nationalization.
37. BofA's Lewis Faces Board Unhappy with Merrill Deal
- Thursday, January 29, 2009
CHARLOTTE, N.C. (AP) - Bank of America holds a quarterly board of directors meeting at a time of mounting problems in the executive suites.
Chief executive Ken Lewis will be on the hot seat Wednesday as the Charlotte-based bank struggles with its troubled Merrill Lynch & Co. acquisition.
38. Thain Resigns from Bank of America
- Friday, January 23, 2009
NEW YORK (AP) - Wall Street bonuses, a sore point as the government gives billions of dollars in bailout money to the financial industry, have apparently cost former Merrill Lynch & Co. CEO John Thain his new job at Bank of America Corp.
39. Boyle’s Halperin Receives Realtors Commercial Alliance Award
- Wednesday, November 19, 2008
Mark Halperin of Boyle Investment Co. has received the 2008 Realtors Commercial Alliance National Award from the Realtors Commercial Alliance.
40. Ogletree Deakins’ Henderson Honored for Labor, Employment Work
- Thursday, October 09, 2008
Ogletree, Deakins, Nash, Smoak & Stewart PC shareholder Thomas L. Henderson has been a labor and employment attorney for more than 20 years.
41. Bank of America Agrees to Buy Merrill for $50B
- Tuesday, September 16, 2008
NEW YORK (AP) – Bank of America on Monday began adding another slice to its growing financial services empire, buying Merrill Lynch in a $50 billion deal that would create a bank that offers everything from fixed-income trading to credit card lending.
42. BofA Q2 Profit Shrinks, Beats Wall Street Expectations
- Tuesday, July 22, 2008
CHARLOTTE, N.C. (AP) - Bank of America Corp. has become the latest in a string of big banks whose second-quarter earnings, while hurting from the impact of the credit crisis, still managed to beat Wall Street expectations.
43. Bank of America Wins Approval To Buy Countrywide
- Monday, June 09, 2008
CHARLOTTE, N.C. (AP) – The Federal Reserve has approved Bank of America Corp.’s purchase of distressed mortgage lender Countrywide Financial Corp.
In a statement Thursday, the federal regulator said it considered many comments for and against the company buyout and “has considered carefully the financial factors of the proposal.”
44. Bank of America's Lewis Says Deal for Countrywide "Is a Go"
- Wednesday, January 30, 2008
CHARLOTTE, N.C. (AP) - Bank of America Corp. is moving forward with its purchase of beleaguered mortgage lender Countrywide Financial Corp., Chief Executive Ken Lewis said Tuesday.
"At this point, everything is a go to complete this transaction," Lewis said at an investor conference in New York.
45. Bank of America To Buy Countrywide
- Monday, January 14, 2008
CHARLOTTE, N.C. (AP) - Bank of America said Friday it will buy Countrywide Financial for $4.1 billion in stock, a deal that rescues the country's biggest mortgage lender and expands the financial services empire of the nation's largest consumer bank.
46. Bank of America Plans to Exit Consumer Mortgage Wholesale Business by 2008
- Friday, October 26, 2007
CHARLOTTE, N.C. (AP) - In addition to scaling back its investment banking operations, Bank of America Corp. is exiting the wholesale mortgage business and eliminating about 700 jobs, bank officials said Thursday.
47. Bank of America Shifts Stance on Mortgage Business, but its Full Intentions Remain Unclear
- Friday, August 24, 2007
CHARLOTTE, N.C. (AP) - Earlier this year, Bank of America Corp. chief executive Ken Lewis was asked about the idea of buying a standalone mortgage lender. "We like the product, but we don't like the business," he said then.
48. Archived Article: Boxing (lead)
- Monday, February 16, 2004
Tunica Vies to Become National Venue
Olympic trials give regional destination national exposure
The Daily News
When Tunica County, Miss., plays host this week to the U.S. Olympic Boxing Trials, the event will be mor...
49. Archived Article: Daily Digest
- Thursday, July 31, 2003
Kiwanis hosts annual
Kiwanis hosts annual
Several hundred Kiwanians and their families will gather in Memphis Friday for the 85th annual Kiwanis District Convention.
Speakers include Ken Bennett of Streets Ministries ...
50. Archived Article: Calendar
- Monday, December 30, 2002
Calendar of events
Calendar of events Dec. 30-Jan. 5
The Memphis Bar Association presents Desperate Hours, a seminar providing last-minute continuing legal education, from 8:30 a.m. to 4:30 p.m. in the MBA conference room, One Comme...
51. Archived Article: Calendar
- Monday, December 23, 2002
Calendar of events Dec. 23-30
Calendar of events Dec. 23-Dec. 31
The Union Planters IMAXs newest film, Lewis & Clark, is open at the Pink Palace Museum. The film is an account of the historical journey undertaken by Merriwether ...
52. Archived Article: Real Briefs
- Tuesday, October 30, 2001
Chamberlain & McCreery received top honors at the 2001 Vesta Home Show including the Peoples Choice award, which was decide
Chamberlain & McCreery received top honors at the 2001 Vesta Home Show including the Peoples Choice award, which w...
53. Archived Article: Flower
- Monday, September 08, 1997
By SUZANNE THOMPSON Volunteerism blooms among children during Good Neighbor Day By SUZANNE THOMPSON The Daily News The scent of roses will be in the air on Wednesday when Pughs Flowers, along with the Volunteer Center of Memphis, try to teach childr...
54. Archived Article: Calendar
- Monday, May 12, 1997
May 14 May 14 The Institute of Real Estate Management will sponsor its Spring Expo 97 from 4 p.m. to 8 p.m. at the Adams Mark Hotel, 939 Ridge Lake Blvd. For more information, call 684-6392. The University of Memphis will sponsor a teleconference at...
55. Archived Article: Briefs
- Tuesday, April 08, 1997
The Memphis Association of the American Society of Interior Designers will host the first Designers Trash and Treasures Bazaar May 2-3 at the Memphis Homebuilders Association, 776 N The Memphis Association of the American Society of Interior Designe...
56. Archived Article: Calendar
- Monday, March 10, 1997
March 10 March 10 Professional Secretaries International will meet at 6 p.m. at the Marriott, 2625 Thousand Oaks Blvd. The speaker will be Shirley Jones, past president of the state division of PSI. The cost is $13. For more information, call Nathal...