bk
| 5:45PM 6/11/2010
Here's a Whopper: Burger King introduced pork ribs for one of those "short-time-only" promotions, only to find that it didn't have enough ribs to make it to the end of the promotion. The BK Fire-Grilled Ribs are so popular that the company has said it is going to run out in a matter of days. That...
| 10:00AM 8/31/2009
The $700 billion Troubled Asset Relief Program (TARP), which former Treasury Secretary Hank Paulson set up in October 2008 to buy financial toxic waste, has made the U.S. a $4 billion profit on $240 billion that it invested in hundreds of banks. Never mind that TARP has not purchased any toxic...
| 7:15PM 6/17/2009
Seeking to prove their financial health and escape heightened scrutiny by regulators, all ten of the banks approved last week to repay $68 billion worth of investments from the Treasury Department's bailout fund said they'd done so by the end of the day on Wednesday.
JPMorgan Chase (JPM), Goldman...
| 1:30PM 6/09/2009
As expected, the Treasury Department said today that 10 of the nation's largest banks would be allowed to begin repaying funds borrowed under the Troubled Asset Relief Program. A total of $68 billion of taxpayer money will be repaid, relieving the banks of what some saw as onerous restrictions that...
| 5:00PM 5/11/2009
Now that regulators have completed their examination of financial institutions' balance sheets, the banks that received passing grades are working furiously to return the capital infusions they received from the Treasury Department's $700 billion bailout fund last fall.
Nine financial...
| 11:30AM 11/21/2008
The King, possibly the scariest and happiest fast food mascot is having trouble holding on to his wallet. Over the past few weeks, individuals in Chicago and Orlando have found wallets stuffed with the King's possessions as well as a note asking them to keep the wallet and have a whopper on the...