Lulu opens new store in Al Fakhriyah, Dammam as it further strengthening its presence in Saudi Arabia New Lulu stores are set to open in Makkah and Madinah    Defending the Truth: Saudi Arabia and the 2034 World Cup    Culture minister visits Diriyah Art Futures    Survey: 60% will use Riyadh Metro to go for work or school    Saudi Arabia calls for enhanced international cooperation to address water sector challenges    GCC Preparatory Ministerial Meeting discusses developments in Gaza and Lebanon    Saudi Arabia hosts over 13 million foreign residents from 60 countries, says human rights official    RCRC Chief: Riyadh Metro, featuring environmental sustainability, will improve quality of life and revolutionize transportation    Al Taawoun seals AFC Champions League Two knockout spot with 2-1 win over Al Khaldiya    Israel to appeal against ICC warrants for Netanyahu and Gallant    Trump nominates Keith Kellogg as special envoy for Ukraine and Russia    Missing hiker found alive after more than five weeks in wilderness    Elon Musk publicizes names of government employees he wants to cut    Al-Jasser: Riyadh Metro to accommodate one million passengers daily    Israelis survey damage and mull return to north as ceasefire begins    Al Hilal advances to AFC Champions League knockout stage despite 1-1 draw with Al Sadd    Best-selling novelist Barbara Taylor Bradford dies    Most decorated Australian Olympian McKeon retires    Adele doesn't know when she'll perform again after tearful Vegas goodbye    'Pregnant' for 15 months: Inside the 'miracle' pregnancy scam    Order vs. Morality: Lessons from New York's 1977 Blackout    India puts blockbuster Pakistani film on hold    The Vikings and the Islamic world    Filipino pilgrim's incredible evolution from an enemy of Islam to its staunch advocate    Exotic Taif Roses Simulation Performed at Taif Rose Festival    Asian shares mixed Tuesday    Weather Forecast for Tuesday    Saudi Tourism Authority Participates in Arabian Travel Market Exhibition in Dubai    Minister of Industry Announces 50 Investment Opportunities Worth over SAR 96 Billion in Machinery, Equipment Sector    HRH Crown Prince Offers Condolences to Crown Prince of Kuwait on Death of Sheikh Fawaz Salman Abdullah Al-Ali Al-Malek Al-Sabah    HRH Crown Prince Congratulates Santiago Peña on Winning Presidential Election in Paraguay    SDAIA Launches 1st Phase of 'Elevate Program' to Train 1,000 Women on Data, AI    41 Saudi Citizens and 171 Others from Brotherly and Friendly Countries Arrive in Saudi Arabia from Sudan    Saudi Arabia Hosts 1st Meeting of Arab Authorities Controlling Medicines    General Directorate of Narcotics Control Foils Attempt to Smuggle over 5 Million Amphetamine Pills    NAVI Javelins Crowned as Champions of Women's Counter-Strike: Global Offensive (CS:GO) Competitions    Saudi Karate Team Wins Four Medals in World Youth League Championship    Third Edition of FIFA Forward Program Kicks off in Riyadh    Evacuated from Sudan, 187 Nationals from Several Countries Arrive in Jeddah    SPA Documents Thajjud Prayer at Prophet's Mosque in Madinah    SFDA Recommends to Test Blood Sugar at Home Two or Three Hours after Meals    SFDA Offers Various Recommendations for Safe Food Frying    SFDA Provides Five Tips for Using Home Blood Pressure Monitor    SFDA: Instant Soup Contains Large Amounts of Salt    Mawani: New shipping service to connect Jubail Commercial Port to 11 global ports    Custodian of the Two Holy Mosques Delivers Speech to Pilgrims, Citizens, Residents and Muslims around the World    Sheikh Al-Issa in Arafah's Sermon: Allaah Blessed You by Making It Easy for You to Carry out This Obligation. Thus, Ensure Following the Guidance of Your Prophet    Custodian of the Two Holy Mosques addresses citizens and all Muslims on the occasion of the Holy month of Ramadan    

Articles of the author CHARLOTTE
BofA posts Q4 quarterly loss on writedown
Bank of America Corp, the largest U.S. bank by assets, reported a second straight quarterly loss, driven by a $2 billion writedown of its mortgage business, according to Reuters. The bank posted a fourth-quarter net loss of $1.2 billion, or 16 (...)

21 - 01 - 2011
BofA profit tops view on improving credit
Bank of America Corp, the largest U.S. bank by assets, reported higher-than-expected second-quarter profit as credit costs declined, according to Reuters. The Charlotte, N.C.-based bank posted net income of $3.1 billion, or 27 cents per share, down (...)

16 - 07 - 2010
Obama says hopes to finish financial reform in weeks
President Barack Obama said today he hoped the United States would finish up a broad overhaul of financial regulation in the next "several weeks.", Reuters reported. Congress is currently considering legislation that would set strong new rules to (...)

02 - 04 - 2010
Storms, Twisters Strike U.S. East Coast
Thunderstorms along the U.S. East Coast Sunday downed power lines and toppled mobile homes -- and may have been accompanied by tornadoes, forecasters said. The storms produced heavy rain, hail and 70 mph winds in some parts of North Carolina. (...)

29 - 03 - 2010
Interest rates little changed, traders eye stocks
Interest rates were little changed in the bond market today as investors moved money back into stocks, AP reported. Bond prices have risen in recent weeks, sending their yields lower, as Greece's struggles to contain its huge budget deficits (...)

16 - 02 - 2010
Madoff treated for face, rib injuries-report
Disgraced financier Bernard Madoff was hospitalized late last week and treated for facial fractures, broken ribs and a collapsed lung, a Raleigh, North Carolina television station reported on its Web site on Thursday, according to Reuters. The (...)

24 - 12 - 2009
Bank of America posts 2Q profit, surpasses Street
Bank of America joined other big banks in reporting a big second-quarter profit even as losses from failed loans continued to rise, AP reported. Bank of America said Friday its earnings after payment of preferred dividends fell to $2.42 billion, (...)

17 - 07 - 2009
AIG plans sale of business units to repay debt
The insurer American International Group Inc. said Friday it plans to sell off a number of business units to pay off its massive government loan, reported ap. The announcement was expected by Wall Street. But it now leaves investors wondering (...)

04 - 10 - 2008
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