The Washington Post has had its share of blog woes now, first by shutting down the ability to comment on their blog, then the revelation that ‘Red America’ blogger Ben Domenech borrowed material five years ago for a movie review posted at National Review Online.
Its Official: America Online Acquires Weblogs, Inc.
America Online Inc. announced today that it has signed a definitive agreement to acquire highly successful blogging network Weblogs, Inc., for an undisclosed sum. But the $2 million per year Weblogs, Inc. was rumored earlier to be going as high as $35 million.
America West and US Airways Get Approved By ATSB
America West and US Airways have received approval from the Air Transportation Stabilization Board (ATSB) to go forward with their merger.
Bank of America Gains 12% Net Income
Bank of America reported its financial results for the second quarter today, which included a 12% gain in net income, which was $4.30 billion compared to $3.85 billion the previous year.
GM, Ford, DaimlerChrysler Make America Their Employees
GM extends its employee discount promotion after a big gain in sales; Ford offers a similar promotion to match.
Bank of America Builds Itself Up With MBNA
Bank of America announced yesterday that it is acquiring MBNA Coporation. After this transaction is complete, Bank of America will be one of the largest credit issuers in the U.S.
Bank of America To Become One of Nation’s Largest Credit Issuers
Yesterday, Bank of America announced that it will become one of the largest credit issuers in the United States as it acquires MBNA Corporation.
MBNA Sold To Bank of America
Bank of America announced that it will be acquiring MBNA Corporation, which will make it one of the biggest credit card issuers in the United States.
Bank of America Giving First State First-Hand Look At MBNA Layoffs
The Charlotte-based financial company will buy MBNA for $35 billion, and will cut 6,000 jobs as it reorganizes.
Bank of America Buys Into China Construction Bank
Bank of America has agreed to buy a 9% stake in government-owned China Construction Bank (CCB) for $3 billion. Bank of America will also have the option of increasing the size of its stake in the future.