Some of America’s Biggest Companies Now Recognize Juneteenth as a Holiday

From Nike Inc. to Target Corp., dozens of companies are for the first time commemorating June 19, the effective end of American slavery, but the differences in how are stark. Some, like J.C. Penney Co. and Spotify Technology SA, are giving a paid day off. JPMorgan Chase & Co. will close its bank branches early, … Read more Some of America’s Biggest Companies Now Recognize Juneteenth as a Holiday

Carolina Panthers Remove Statue of Jerry Richardson Outside Bank of America Stadium

A statue of former Carolina Panthers owner Jerry Richardson, which had stood in front of the team’s stadium since it opened nearly 25 years ago, was removed by workers on Wednesday. “We were aware of the most recent conversation surrounding the Jerry Richardson statue and are concerned there may be attempts to take it down,” … Read more Carolina Panthers Remove Statue of Jerry Richardson Outside Bank of America Stadium

BofAML’s Harris Says Unemployment Rate Will Hit 19%

Jun.01 — Ethan Harris, head of global economics research at Bank of America Merrill Lynch, talks about how the Federal Reserve is responding to the economic crisis and he thinks unemployment in the U.S. will hit 19%. He speaks on “Bloomberg Surveillance.”

Wall Street Week – Full Show (05/22/2020)

May.22 — One of the most iconic brands in financial television returns for today’s issues and today’s world. This week’s Wall Street Week features David Westin’s interviews with Former Goldman Sachs CEO Lloyd Blankfein, Bank of America Chairman & CEO Brian Moynihan, House Speaker Nancy Pelosi (D), and Union Square Hospitality Group Founder & CEO … Read more Wall Street Week – Full Show (05/22/2020)

Shape of Global Growth Recovery: Will it Be V, U or Something Else?

May.21 — Hootan Yazhari, managing director of MENA and global frontier markets at Bank of America Securities, discusses the outlook for the global economy and markets. Abu Dhabi’s $220 billion wealth fund says the world economy is likely to recover from this year’s virus-driven recession with 5% growth in 2021, and that the most likely outcome … Read more Shape of Global Growth Recovery: Will it Be V, U or Something Else?

BofA’s Moynihan Doesn’t See Economic Recovery Until Next Year

May.19 — Bank of America Corp. Chief Executive Officer Brian Moynihan talks about how long it will take the U.S. economy to recover from the coronavirus pandemic and how his employees will slowly return to branches and offices around the country. He speaks on “Bloomberg The Open.”

Japan Sinks Into a Recession With Worst Yet to Come

May.18 — Izumi Devalier, head of Japan economics at Bank of America, discusses the prospects for the Japanese economy and policies amid the coronavirus outbreak. The economy sank last quarter into a recession that’s likely to deepen further as households limit spending to essentials and companies cut investment, production and hiring to stay afloat. Devalier … Read more Japan Sinks Into a Recession With Worst Yet to Come

Kanye West Vaults From Broke to Billions With Yeezy in Demand

Kanye West’s billionaire status has a lot to do with his fashion brand, Yeezy, which 4 years ago had him swimming in debt. Now Bank of America Corp. valued the sneaker side of the business alone at as much as $3 billion last year. He’s now looking to bring the Yeezy name into other realms, … Read more Kanye West Vaults From Broke to Billions With Yeezy in Demand