Business News / Business

Former BofA manager avoids prison in bond case

A former Bank of America trading desk manager will not serve prison time for his role in a scheme to falsify municipal bond records, a federal judge ruled Friday.

Brian Scott Zwerner, who once managed the Charlotte, N.C.-based bank's municipal ...

Boeing CEO apologizes for 'cowering' remark

Boeing CEO Jim McNerney apologized Friday in a companywide message for telling analysts this week that he won't retire after turning 65 next month because "the heart will still be beating, the employees will still be cowering."

McNerney's message...

Dollar sizzling, says Big Mac Index

Chew on this, would ya?

The U.S. dollar is getting stronger, according to the closely watched -- or at least, heavily seasoned index of global currencies known as the Big Mac Index.

A series of world currencies have weakened against the dollar ...