Two Banking Megamergers Finish Amid Crisis Turmoil
Bank of America completes its 19.4 billion all stock purchase of Merrill Lynch adding to Wells Fargo's 12.7 billion all stock acquisition of Wachovia. The deals create a coast to coast financial powerhouse with thousands of job cuts anticipated over three years.
MENTIONED IN THIS ARTICLE
Atlanta
United States
Wall Street
Bank of America Corp
Merrill Lynch & Co
Wells Fargo & Co
Wachovia Corp
Merrill Lynch
Charlotte
Bank of America
Wells Fargo
Wachovia
States
District of Columbia
Merrill Common
Merrill
Lehman Brothers Holdings Inc
Citigroup
Federal Deposit Insurance Corp
Time Warner Viacom reach deal to avoid TV blackout
Time Warner Cable and Viacom settled fees to keep Dora the Explorer and MTV on the system for 15.7 million subscribers. Terms were not disclosed but both sides said agreements will be finalized in coming days. Viacom had sought a 12 percent rise, about 39 million extra annually, while TWC argued against the demand.
MENTIONED IN THIS ARTICLE
Los Angeles
Dora
Viacom
Time Warner Cable
Nickelodeon
MTV
MTV Networks
Glenn Britt
Time Warner Cable Inc
Viacom Inc
Philippe Dauman
New York Times
Tvguide.com
Dora the Explorer
Boots
Time Warner
Britt
Stores should curb crowds after Wal-Mart stampede death
Nassau County police issue recommendations for safer Black Friday events after Wal-Mart worker Jdimytai Damour was killed. The plan urges store led crowd control with barricades rope lines numbered tickets and walkie talkies plus advance staffing training and clear security plans. Damour died of asphyxiation when trampled by about 2000 shoppers at Valley Stream during the pre dawn rush.
MENTIONED IN THIS ARTICLE
Mineola
N.Y
Wal-Mart
Nassau County
Long Island
Jdimytai Damour
Valley Stream
Damour
Roberts urges 2009 pay raise for federal judges
Chief Justice John Roberts urged Congress to grant cost of living increases for federal judges after lawmakers approved a 2.8 percent raise for members. He noted trial judges earn 169000 dollars while appellate judges earn up to 217400 dollars and a gap exists with top law school deans and professors.
MENTIONED IN THIS ARTICLE
Washington, D.C
John Roberts
Congress
Judiciary
Roberts
Federal Judiciary
New Year’s Day House Fire Kills Five in DC
A northeast Washington two story home fire around 7 am killed a 5 year old girl and four adults including the parents Keith Nelson 23 Tawanna Gant 22 and 72 year old Charles Smith. A critically injured child and three others were hospitalized with non life threatening injuries. Authorities say an electrical failure between basement and first floor sparked the blaze as about 120 firefighters fought the flames.
MENTIONED IN THIS ARTICLE
Washington
D.C
Keith Nelson
Tawanna Gant
Kaniya
Meeks
District of Columbia
Adrian Fenty
Panel urges 50 percent increase in gas taxes for highways
A federal panel called the National Commission on Surface Transportation Financing proposes raising gas taxes by 10 cents a gallon and diesel by 12 to 15 cents to fund highway and transit programs. The report ties rates to inflation and urges state tax hikes and tolls, noting revenue gaps amid reduced fuel use.
MENTIONED IN THIS ARTICLE
Washington, D.C
Federal
National Commission On Surface Transportation Infrastructure Financing
Congress
Infrastructure Financing Commission
House
Senate
Barack Obama
Commission
Adrian Moore
The
Reason Foundation
Los Angeles
Highway Revenue Commission
Financing Commission
Robert Atkinson
Information Technology and Innovation Foundation
Washington
Transportation Research Board of the
National Academies
National Surface Transportation Policy and Revenue Study Commission
Charles Whittington
American Trucking Associations
Also Mentioned on This Page
Aiken
Aiken, S.C
Aikenstandard
Vernon Williams
Hampton Ave
Fox
Girl
Dionne West
Gant
Fire Department
Panel
Pat Roberts
Prudential Woodside Realty
Aikensc.com
Allstate
Takiyah Bryant Agency
Allstate Insurance Company
Dougherty Road
Aiken, SC
Allstate.com
This is just the beginning! Our collection holds over 300 years of history, including rare newspapers, obituaries, marriage records, birth records, and so much more—most of which you won’t find anywhere else!