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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Spider-Man sued for $750m
The creator of Spider-Man has been sued for $750 million and is facing legal action from share holders of a company over film and book profits. Marvel, the company behind The Incredible Hulk and The X-Men, is also accused of violating copyright, which the company says was transferred to it in 1998. Marvel has said the legal papers, which were ... Read More »