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4 HOURS AGO - Zero Hedge

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Europe's Spiralling Game Of Chicken - Politics Always Trumps Economics

Submitted by Ben Hunt via Salient Partners' Epsilon Theory blog, There are decades where nothing happens; and there are weeks where decades happen.– Vladimir Lenin (1870 – 1924) In 1914, Europe had arrived at a point in which every country except Germany was afraid of the present, and Germany was afraid of the future. – Sir Edward Grey (1862 – ...

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11 HOURS AGO - Washington Business Journal

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Charlotte investment firm buys stake in software company

A Charlotte private-equity firm with big-name backers has just purchased a controlling interest in a Morrisville-based software company. Falfurrias Capital Partners, founded in 2006 by former Bank of America CEO Hugh McColl Jr. and former bank CFO Marc Oken, has invested in RegEd, a compliance education and training software firm. “With our deep experience and contacts in the financial services ...

Tags: Charlotte investment firm buys stake in software company,  Bank Of America Latest News

11 HOURS AGO - Washington Business Journal

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Wells Fargo and BofA submit survival plans for future crisis

Big banks around the country have been reflecting on their own mortality lately. Twelve banks, including Charlotte-based Bank of America ( NYSE:BAC) and San Francisco-based Wells Fargo ( NYSE:WFC) with its East Coast headquarters in Charlotte, submitted this year’s resolution plans to regulators. The plans outline what the banking giants would do if they went bankrupt. The resolution plans, or ...

Tags: Wells Fargo and BofA submit survival plans for future crisis,  Bank Of America Latest News

12 HOURS AGO - Washington Business Journal

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Investment firm with Bank of America roots buys big stake in Triangle software firm

A Charlotte-based private equity firm with big-name backers has just purchased controlling interest in a Morrisville software company. Falfurrias Capital Partners, a Charlotte firm founded in 2006 by former Bank of America CEO Hugh McColl and former CFO Marc Oken, has invested in Morrisville-based RegEd, a compliance education and training software firm. “With our deep experience and contacts in the ...

Tags: Investment firm with Bank of America roots buys big stake in Triangle software firm,  Bank Of America Latest News

13 HOURS AGO - Huffington Post

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Authorities Race To Regulate Booming Breast Milk Industry

TRENTON, N.J. (AP) — It could trade for 400 times more than the price of crude oil and 2,000 times more than iron ore. If sold off the shelf, it could cost more than 150 times the price of a gallon of cow's milk and 15 times more than coffee. Going for as much as $4 per ounce, breast milk ...

Tags: Authorities Race To Regulate Booming Breast Milk Industry,  Bank Of America Latest News