Andrew had a contractor literally sitting in his driveway, ready to fix the damage from a fire in his home. The contract was drawn up, everything was ready. Everything except Bank of America, his mortgage holder, which needed to endorse the check. That was fine. The problem was that they refused to let him pay the contractor per his contract, insisting that they had to disburse the funds themselves (okay) with an 8-day delay. Wait, crap! [More]
bank of america
Banks Working On Linking Up Their Payment Systems To Make Person-To-Person Mobile Transfers Easier
By 9.12.12 — Updated: 9.8.16
The way younger generations are glued to their smartphones, there’s almost nothing they can’t do with the swipe of a touch screen. Old-fashioned things like writing checks or even paying a roommate with cash is such a bother to some, but yet transferring money to other people with apps hasn’t really caught on like the banking industry figured it would. That’s why the nation’s big four are discussing how they can link up their payment systems to make it easier for consumers to send money via mobile devices or even emails. [More]
Bank of America Wants To Get Out Of The Pizza Business
By 9.23.11 — Updated: 10.26.17
Bank of America has decided to stop selling pizza. The bank, which operates 1,140 Pizza Hut branches through its NPC International division, has reportedly decided to sell off the business. BofA could get more than $800 million for the Pizza Hut stores. [More]
Congratulations BP: You’re The Worst Company In America!
By 4.18.11 — Updated: 9.4.14
On April 20, 2010, the Deepwater Horizon, an offshore oil rig leased by BP to drill for oil in the Gulf of Mexico, caught fire following an explosion. The disaster left 11 men dead and spilled millions of barrels of oil into the Gulf. For the cost-cutting efforts that ultimately led to this catastrophe — along with others in Texas and Alaska that have killed more than a dozen more employees, injured hundreds and leaked toxic chemicals into the air and water — thousands of Consumerist voters have selected BP as the Worst Company In America. [More]
