Business

In September, Bank of America announced it would soon begin charging customers a $5 monthly fee for using their debit cards, saying it was recouping losses from new laws that limited how much it could charge merchants when debit cards were swiped during transactions. But after a firestorm of negative publicity, BofA waved the white flag of surrender and scrapped the controversial plan.

A social worker in a group home for the disabled almost lost his life trying to save residents when a tornado decimated much of Joplin, Missouri this spring. Now, his company’s insurance provider is denying him workman’s compensation.

Thirty-four Muslim shuttle drivers for Hertz have been suspended for praying on the job in Seattle. Zainab Aweis is an observant Muslim who prays five times a day and says her two prayer breaks at work have never been a problem before.

The holidays can be expensive, and this year 21 percent of Americans plan to get a second job to help pay for all the gifts and travel costs that go with the season.

While many McDonald’s customers opt for the drive-through, those who dine inside the fast-food restaurants may soon benefit from an original programming experience via the McDonald’s TV channel.

The Occupy Wall Street movement continues to generate headlines, so what better time to see what Americans actually think of our esteemed financial institutions? Forty-seven percent of Americans think Wall Street hurts the American economy more than it helps, whereas only 38 percent think the opposite is true.

When people retire, they often decide to pull up stakes and move to a new city. No longer bound by the restraints of employment offices or client locales, retirees may instead find themselves drawn to places with great weather, affordable housing or better amenities than where they currently live. U.S. News used data from Onboard Informatics to ascertain 10 things people look for when they retire,

A Texas woman has decided to sue Continental Airlines and three other air carriers for mental trauma she endured during a particularly hellish flight. What, did she have to sit through ‘The Smurfs’ on the in-flight movie?

99 Cents Only Stores Inc. said Tuesday it had agreed to a $1.6 billion buyout from Los Angeles private equity firm Ares Management and the Canada Pension Plan Investment Board. The chain, founded in 1982, operates 289 stores in California, Texas, Arizona and Nevada, and was a pioneer of the single-price retail concept. Such low-priced stores have become increasingly popular with consumers in the y

Citing the economic downtown and rising food costs, the parent of the Friendly’s restaurant chain filed for Chapter 11 bankruptcy protection on Wednesday and closed 63 underperforming stores. The 76-year-old franchise, based in Wilbraham, Massachusetts and known for its ice cream and hamburgers, will continue to operate more than 400 restaurants as it restructures.