bank of america

ROANOKE, Texas (AP) — A man who gained notoriety for claiming he can live in a $340,000 suburban Dallas house for $16 has been ordered to vacate the home by next Monday. Kenneth Robinson says he filed an "affidavit of adverse possession" that gives him the right to live in the empty foreclosed home in Flower Mound...

In September, Bank of America announced it would soon begin charging customers a $5 monthly fee for using their debit cards, saying it was recouping losses from new laws that limited how much it could charge merchants when debit cards were swiped during transactions. But after a firestorm of negative publicity, BofA waved the white flag of surrender and scrapped the controversial plan.

On Monday, Bank of America announced that part of its plan to cut $5 billion in spending by 2014 includes the elimination of 30,000 jobs. CEO Brian Moynihan made no mention of layoffs during an investor conference, and the bank says it expects the job losses to occur naturally through attrition and not rehiring when people vacate their positions.