Rumors continue to swirl around Facebook’s imminent initial public offering. According to Bloomberg, the social media giant has chosen “to take the lead on its planned initial public offering, four people with knowledge of the matter said.” Facebook will file with regulators today in order to raise an initial $5 billion, though Bloomberg reports that […]
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Bank of America is reconsidering its plan to charge $5 monthly debit card fees after public outrage has caused several other large banks to drop their own plans to charge similar fees. Bank of America is reconsidering its controversial move to charge monthly debit card fees after a wave of other big banks have dropped […]
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When Bank of America announced recently that it would begin charging its customers five dollars a month for using their debit cards, the public outrage was palpable. The internet ignited with angry customers decrying the greed of the big banks and the stupidity of this latest attempt to “squeeze” them for every last penny. I […]
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