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Impact: Dodd-Frank Act Consumer Financial Protection Bureau has industries flustered
WASHINGTON (AP)— The new federal agency charged with enforcing consumer finance laws is emerging as an ambitious sheriff, taking on companies for deceptive fees and marketing and unmoved by protests that its tactics go too far. In the 14 months...
Tags: Richard Cordray, Washington, DC, Corinthian Colleges Inc., Politics, Discover Financial Services
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Phillips, Capital One warn of layoffs in Baltimore area
Seafood company Phillips Foods Inc. will be closing its Baltimore manufacturing and distribution facility in July and cutting 100 jobs, about 13 percent of its Maryland workforce. The company warned state regulators of the cuts. A separate layoff warning...Tags: Job Layoffs, Anne Arundel County, Unemployment, Career and Workplace, Hanover (Anne Arundel, Maryland)
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Two companies plan layoffs of 151 workers
Two companies are warning state regulators that they will collectively be laying off about 150 employees, the state said Monday. Capital One Financial Corp. told the state Department of Labor, Licensing and Regulation that it planned to cut 54 jobs...Tags: Job Layoffs, Companies and Corporations, Advanced Training, Employees, New Mexico
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Capital One to buy HSBC’s U.S. credit card unit
Money & CompanyHSBC sells U.S. credit card operations to Capital One for $32.7 billion... -
Survey ranks Capital One and BofA tops in credit-card disclosures
Money & CompanyCapital One Financial Corp. and Bank of America Corp. have the most user-friendly online disclosures about credit-card terms, according to a survey by Card Hub, a card-comparison website. Card Hub's second annual survey of the 10 biggest credit-card... -
Time for banks to resume shareholder dividends?
Money & CompanySeveral big banks familiar on the California retail scene -- including Wells Fargo, Chase and US Bank -- may soon be deemed strong enough to pay out more of their profits to shareholders. It will be interesting to see how...... -
Warning About Stolen Emails
A warning to Pennsylvania consumers to be on alert for possible financial scams that could appear in your email. The warning comes after recent security breaches at two companies that provide internet security for several major corporations.
Someone...Tags: Pennsylvania, Companies and Corporations, Business, Consumers, Computing and Information Technology Industry
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McDonald's has jobs on its menu today
Along with the Big Breakfast and Big Macs, McDonald's Corp. has 50,000 new jobs on its national menu today.
Fifteen-hundred of those jobs are being offered in the Chicago area. (For a complete list of local jobs, click here.)
Read more at Chicago...Tags: Restaurants, Restaurant and Catering Industry, McDonald's, Dining and Drinking, Companies and Corporations
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Ten Banks Get Approval To Repay Bailout Money
Los Angeles Times Staff WriterThe Obama administration today announced it has given approval to 10 of the nation's largest banks to repay $68 billion in government bailout money they have received to stabilize the financial system. "These repayments are an encouraging sign of...Tags: Big 3 Auto Bailout (2008), U.S. Department of the Treasury, Wells Fargo & Co., Federal Reserve, State Street Corporation
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Credit card charge-offs rise as banks lose hope of collecting
Money & CompanyThe blip down in credit card loss rates at some banks in July now looks like a fluke. Card loan charge-off rates jumped in August at lenders including Bank of America Corp., Citigroup Inc., JPMorgan Chase & Co. and Discover...... -
Treasury Approves 10 Banks' Proposals To Repay Bailout Money
(WGN-AM)- The Treasury Department has approved 10 of the nation's largest banks to repay $68 billion in government bailout money. The department on Tuesday said the banks, which were not named, will be allowed to repay the money they received from the...Tags: Big 3 Auto Bailout (2008), Citigroup Incorporated, U.S. Department of the Treasury, American Express Company, Bank of America Corp.
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The week ahead
Chicago TribuneMonday: -- Earnings: Commerce Bancorp Inc.; Eaton Corp.; W.W. Grainger Inc.; Marshall & Ilsley Corp.; Mattel Inc.; Pharmaceutical Product Development Inc.; Sonic Corp.; Wachovia Corp. Tuesday: -- September producer price index -- September industrial...Tags: Chicago Tribune, eBay Inc., Abbott Laboratories, Gaming, Google Inc.
Sep 12, 2012
|Story| Petoskey News
May 7, 2012
|Story| Baltimore Sun
Aug 8, 2011
|Story| Baltimore Sun
Aug 10, 2011
| Los Angeles Times
Aug 30, 2011
| Los Angeles Times
Mar 17, 2011
| Los Angeles Times
Apr 5, 2011
|Story| WPMT-LTV
Apr 19, 2011
|Story| Chicago Breaking News
Jun 9, 2009
|Story| Los Angeles Times
Sep 17, 2009
| Los Angeles Times
Jun 9, 2009
|Story| WGN-AM
Oct 15, 2006
|Story| Chicago Tribune
Original site for Capital One Financial Corporation topic gallery.