Archive for January, 2011
Bank of America CEO Moynihan salary flat for 2011
NEW YORK (AP) — Bank of America Corp. will not raise the $950,000 base salary of CEO Brian Moynihan for 2011, but his pay package will include $9.05 million in restricted stock units.
Bloomberg Conducts Gun-sale Sting in Arizona
Weeks after the shooting in Tucson, sellers at an Arizona gun show allowed undercover investigators hired by New York City to buy semiautomatic pistols even…
Baidu net income surges in 4th quarter
NEW YORK (AP) — Baidu.com Inc., which operates China’s leading search engine, said Monday that its fourth-quarter profit more than tripled to surpass Wall Street expectations, sending shares higher in after-hours trading. While Google Inc. has become synonymous with Web searches in the U.S., Baidu dominates the Chinese market.
House panel probes Fannie, Freddie legal fees
WASHINGTON (AP) — A leading Republican lawmaker has asked federal regulators to explain why taxpayers have spent more than $160 million in legal fees to defend the giant mortgage companies Fannie Mae and Freddie Mac and their former top executives. Rep.
Steelers C Pouncey not ruled out by Tomlin
FORT WORTH, Texas (AP) — Maurkice Pouncey still has a shot at playing in the Super Bowl. Steelers coach Mike Tomlin would not rule out his Pro Bowl rookie center Monday, despite Pouncey having a high left ankle sprain. Pouncey needed crutches to walk down the steps from the team’s charter flight in Dallas, and wore a bulky walking boot on his left foot.
Union: Ad rejected by CBS College Sports Network
DALLAS (AP) — The NFL Players Association says its TV ad that was supposed to air during a college football all-star game this weekend, was rejected by CBS College Sports Network because the message was connected to labor negotiations. George Atallah, the union’s assistant executive director, said Monday the 30-second commercial was slotted to appear four times on Saturday’s broadcast, a day before the Super Bowl.
