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Bank of America, SunTrust Profits Surge

By Jonathan Stempel NEW YORK (Reuters) - Bank of America Corp. (BAC.N: Quote , Profile , Research ) and SunTrust Banks Inc. (STI.N: Quote , Profile , Research ) , two of the largest U.S. banks, on Monday reported big increases in quarterly profit, fueled by increased borrowing, cost controls and acquisitions. Bank of America, the No. 3 bank, said profit surged 75 percent to ... : Bank of America, SunTrust Profits Surge

Title insurance

A policy of title insurance is a contract of indemnity between the insurance company and the owner of an interest in real property. In plain English, this means that in the event that the insured owner of an interest in the insured property suffers an actual or threatened monetary loss, due to a title defect or lien created prior to the effective date of the policy that is not excluded as an exception to the policy, the title insurer will defe... : Title insurance

Microsoft Ends Decade of Antitrust Battle

By Reed Stevenson and Eric Auchard SEATTLE/NEW YORK (Reuters) - Microsoft Corp. (MSFT.O: Quote , Profile , Research ) said on Monday it had agreed to settle antitrust lawsuits with Novell Inc. (NOVL.O: Quote , Profile , Research ) and an industry trade group, marking the end of a decade-long antitrust batt... : Microsoft Ends Decade of Antitrust Battle

Microsoft Ends Decade of Antitrust Suits

By Reed Stevenson and Eric Auchard SEATTLE/NEW YORK (Reuters) - Microsoft Corp. (MSFT.O: Quote , Profile , Research ) said on Monday it had agreed to settle antitrust lawsuits with Novell Inc. (NOVL.O: Quote , Profile , Research ) and an industry trade group, marking the end of a decade-long antitrust battle. Microsoft will pay $536 million in cash to settle an antitrust lawsuit tied to Novell's Netware network software, Novell said,... : Microsoft Ends Decade of Antitrust Suits
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