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Bank of America earnings: BofA profit doubles; bank releases reserves - Vimarsana News

Bank of America earnings: BofA profit doubles; bank releases reserves

Ken Sweet Associated Press NEW YORK (AP) — Bank of America’s profits doubled in the first quarter, the bank said Thursday, as the improving economy allowed it to release billions from its loan-loss reserves that it originally set aside in the early days of the pandemic. Bank of America is the latest of the big banks to say it has released billions from its reserves, following JPMorgan Chase and Wells Fargo, which announced results Wednesday. The release of reserves helped both of those banks’ profits soar compared to the year-ago first quarter. The Charlotte-based banking giant earned $...

Truck seized at Texas border over 5 forgotten bullets - Vimarsana News

Truck seized at Texas border over 5 forgotten bullets

WASHINGTON — Gerardo Serrano ticked off the border crossing agents by taking some photos on his phone. So they took his pickup truck and held onto it for more than two years. Only after Serrano filed a federal lawsuit did he get back his Ford F-250. Now he wants the Supreme Court to step in and require a prompt court hearing as a matter of constitutional fairness whenever federal officials take someone's property under civil forfeiture law. The justices could consider his case when they meet privately on Friday. It's a corner of the larger forfeiture issue, when federal, state or local offi...

Pennsylvania one of 5 US virus hot spots - Vimarsana News

Pennsylvania one of 5 US virus hot spots

Pennsylvania one of 5 US virus hot spots Russ Bynum and Michelle R. Smith The Associated Press Nearly half of new coronavirus infections nationwide are in just five states — a situation that is putting pressure on the federal government to consider changing how it distributes vaccines by sending more doses to hot spots. New York, Michigan, Florida, Pennsylvania and New Jersey together reported 44% of the nation’s new COVID-19 infections, or nearly 197,500 new cases, in the latest available seven-day period, according to state health agency data compiled by Johns Hopkins University. Total ...

New Mexico weighs options for teacher vaccination mandate - Vimarsana News

New Mexico weighs options for teacher vaccination mandate

Health Secretary Dr. Tracie Collins said the state has vaccinated more than 15,000 educators and that the group was next in line to be prioritized.

SpaceX Starship explodes after landing upright in latest test - Vimarsana News

SpaceX Starship explodes after landing upright in latest test

SpaceX’s futuristic Starship looked like it aced a touchdown, but then exploded on the landing pad with so much force that it was hurled into the air.