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Bank of America Corp. agreed to a $9.5 billion settlement over claims tied to faulty mortgages and boosted its dividend for the first time since 2007, the latest steps to put the financial crisis behind the firm. more
Citigroup Inc.’s capital plan was among five that failed Federal Reserve stress tests, while Goldman Sachs Group Inc. and Bank of America Corp. passed only after reducing their requests for buybacks and dividends. more
Americans will get more time to enroll in Obamacare insurance plans if they started the process but were unable to complete it before the March 31 deadline. more
Massachusetts single-family home sales fell 4.1 percent in February compared with the same month a year earlier, the third decline in sales in the last four months, according to a report released Wednesday by The Warren Group. more
J.D. Power has recognized Tufts Health Plan as the commercial health plan with the highest member satisfaction in the New England region. more
Orders for U.S. business equipment fell in February for the second time in three months, signaling corporate investment will be slow to gain momentum following an unusually harsh winter that put a damper on demand. more
Cape Wind and the Bank of Tokyo-Mitsubishi UFJ Ltd. have brought on Natixis and Rabobank to lead senior debt financing and contribute more than $1 billion to the wind farm project, the renewable energy developer announced Wednesday. more
CVS Caremark Corp. announced Wednesday that it has signed a three-year contract to continue providing pharmacy benefit services for the Blue Cross & Blue Shield Federal Employee Program. more
Banco Santander SA was fined 12.4 million pounds ($20.5 million) by the U.K. regulator for flaws in investment advice given to customers as the watchdog clamps down on misconduct in consumer lending. more
The fifth edition of the 2014 County Health Rankings, compiled by the Robert Wood Johnson Foundation and the University of Wisconsin’s Population Health Institute, identifies Bristol County as Rhode Island’s healthiest county and Providence County as the least healthy. more
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