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NY sues BofA, Merrill to pursue higher award (Reuters)

Reuters - New York has sued Bank of America Corp and its Merrill Lynch & Co unit over the companies’ merger and Merrill’s subprime mortgage exposure, hoping to recover more by suing on its own than by joining existing class-action litigation.

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NY sues BofA, Merrill to pursue higher award
(Reuters)

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Sherwin-Williams 2Q profit up 15 pct, (AP)

AP - Paint maker and retailer Sherwin-Williams Co. said Thursday its second-quarter profit jumped 15 percent, fueled by sales to contractors and industrial customers.

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Sherwin-Williams 2Q profit up 15 pct,
(AP)

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Yellen: Low rates are needed to feed recovery (AP)

AP - A Federal Reserve official says record-low interest rates are still needed to foster the economic recovery and to relieve high unemployment.

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Yellen: Low rates are needed to feed recovery
(AP)

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Judge approves SEC-BofA settlement on Merrill deal (AP)

AP - A federal judge said Monday he would reluctantly approve an amended $150 million settlement between the Securities and Exchange Commission and Bank of America to end civil charges accusing the bank of misleading shareholders when it acquired Merrill Lynch.

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Judge approves SEC-BofA settlement on Merrill deal
(AP)

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Genzyme faces proxy challenge from Icahn (AP)

AP - Genzyme Corp. said Monday that activist investor Carl Icahn intends to nominate himself and three other people to the biotechnology company’s board of directors.

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Genzyme faces proxy challenge from Icahn
(AP)

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After solid gains, Wall Street faces cautious outlook (AFP)

AFP - US stocks posted solid gains the past week on the back of positive economic data and mostly improved company earnings with attention focused on any easing of monetary policy by the Federal Reserve.

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After solid gains, Wall Street faces cautious outlook
(AFP)

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CIT names ex-Merrill CEO Thain as chairman, CEO (AP)

AP - CIT Group said Sunday it has chosen former Merrill Lynch CEO John Thain to lead the company as chairman and CEO as the commercial lender continues to restructure its business following a brief stay in bankruptcy protection last year.

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CIT names ex-Merrill CEO Thain as chairman, CEO
(AP)

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Super Bowl ads: Betty White, Bud Light, big laughs (AP)

AP - Betty White plays football, babies talk about “milkaholics” and a house made of Bud Light cans falls slowly apart. It must be the Super Bowl — or at least the advertising showcase that entertains amid the gridiron action.

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Super Bowl ads: Betty White, Bud Light, big laughs
(AP)

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New York AG filing civil charges against BofA (AP)

AP - The New York Attorney General’s office said Thursday it filed civil charges against Bank of America and its former CEO Ken Lewis, saying the bank misled investors about Merrill Lynch before it acquired the Wall Street bank in early 2009.

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New York AG filing civil charges against BofA
(AP)

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Senate Democrats Plan to Move Jobs Bill to the Floor Next Week (CQPolitics.com)

CQPolitics.com - Senate Democratic leaders said Thursday they will try to move jobs-focused legislation to the floor next week that would likely include business tax breaks and the extension of numerous economic stimulus measures that are set to expire.

Excerpt from:
Senate Democrats Plan to Move Jobs Bill to the Floor Next Week
(CQPolitics.com)

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