Business News / Business

Moynihan named chairman of Bank of America

Bank of America CEO Brian Moynihan has been elected chairman of the Charlotte, N.C., bank's board, the lender announced Wednesday.

He becomes the first Bank of America CEO to hold the chairman post since Ken Lewis was stripped of the title in ...

Amazon to close Kansas warehouse

After years of rapidly expanding its warehouse operations across the county, Amazon.com said it plans to shut down one of its oldest facilities.

The online retail giant will shutter its 1 million square foot warehouse in Coffeyville, Kan., early ...

Spirit flight attendants reject tentative contract

For the second time this year, Spirit Airlines flight attendants have rejected a tentative contract agreement reached with airline management.

In a majority vote Wednesday, the flight attendants represented by the Association of Flight Attendants...

Former eBay exec gets jail for insider trade

A former eBay executive was sentenced Wednesday to 15 months in federal prison for insider trading tied to the Internet auction site's 2011 acquisition of a King of Prussia-based e-commerce firm.

Christopher Saridakis, 45, of Wilmington, Del., ...

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