Ken Lewis, the embattled CEO of Bank of America Corp., is leaving the company, succumbing to nearly a year of strife that followed his company’s acquisition of Merrill Lynch & Co. The bank, the nation’s largest by assets, said Wednesday that Lewis, 62, decided on his own to leave and would retire as CEO and also leave the company’s board ... Read More »
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US home Sales back in Business
Its been a good month for the people in US who are the worst hit developed nation thanking the recession. The good part is that US members are beginning to buy new home as reported in BBC. When compared the rate of new houses purchase this july with last july, sales accounts of last year shows that there was 46 ... Read More »