Amazon Launches Android Based Set Top Box and Bank of America Close to Settlement with U.S. Consumer Financial Protection Bureau
Amazon.com Inc. (NASDAQ: AMZN) has released an Android-based Internet video-streaming set-top box named Fire TV. Fire TV is a small flat black box and is available for sale immediately in the U.S. for $99. The device also has a Bluetooth-enabled remote control. Users can simply speak their choice into the remote to enjoy a program.
Amazon.com, Inc. operates as an online retailer in North America and internationally. The company operates in two segments, North America and International. The company serves consumers through retail Websites, such as amazon.com and amazon.ca, which primarily include merchandise and content purchased for resale from vendors and those offered by third-party sellers.
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Bank of America Corporation (NYSE: BAC) is close to a settlement with the U.S. Consumer Financial Protection Bureau according to sources familiar with the talks. The settlement is over problems with products sold as add-ons to credit cards. The consumer bureau has reached settlements with other credit card companies over allegations they gave consumers misleading information about add-on products such as identity-theft protection. The Wall Street Journal, which first reported the latest settlement talks, said Bank of America could pay more than $800 million to settle the allegations against it.
Bank of America Corporation, through its subsidiaries, provides various banking and financial products and services for individual consumers, small and middle market businesses, institutional investors, corporations, and governments in the United States and internationally. The company’s Consumer & Business Banking segment offers traditional and money market savings accounts, CDs and IRAs, checking accounts, and investment accounts and products, as well as credit and debit cards; and lending related products and services, working capital management, and treasury solutions. This segment provides its products and services through operating 5,100 banking centers, 16,300 ATMs, call centers, and online and mobile banking platforms.
Get more information on Bank of America Corporation and free access to the in depth equity report at: www.TrendingWallStreet.com/stockquote/BAC
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