Report Criticizes U.S. Over Auto Dealer Closings

The Treasury Department failed to consider the economic fallout when it told General Motors and Chrysler to quickly shutter many dealerships as part of government-led bankruptcies, a federal watchdog found. A report raises questions about whether the Obama administration’s auto task force considered the job losses from the closings while pressuring the companies to reduce costs.

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BoA offers free e-banking account

CHARLOTTE, N.C., July 17 (UPI) — Bank of America says it will offer a free checking account nationwide to customers who bank strictly online and through ATMs. Bank of America – Transactional account – Automated teller machine – Banking Services – Business

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ChinaNet Online Holdings, Inc. Accelerates Pace on Expansion of Online Banking and Display Advertising Kiosk Business

ChinaNet Online Holdings, Inc. , a leading Internet services and media technology company providing online advertising and brand management solutions for small- and medium-sized enterprises in the People’s Republic of China, today announced an updated status of its installed base and accelerated schedule for installation of next-generation, “one-touch” banking information kiosks.

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