PODCAST: Bank of America shells out, Nickelodean half-shells out and there are no clams for the junk-store Renoir
Friday, September 28, 2012 - 10:34 Spencer Platt/Getty Images People walk by a Bank of America branch in Times Square on September 20, 2012 in New York City. Bank of America will pay $2.4 billion to shareholders as part of a settlement announced this morning. The bank admits no wrongdoing, but the settlement is compensation for maybe not telling shareholders the whole story when BofA bought the struggling brokerage Merrill Lynch back in 2008. And Apple takes time out of its morning to tell us "I'm sorry." CEO Tim Cook posted an online letter to iPhone customers, saying that with its Apple Maps application the company fell short of its commitment to making best-in-class products. People who bought the new iPhone5 or upgraded the software on their old iPhones have been forced to use Apple Maps instead of Google Maps, which used to be the standard. Cook says Apple will be working non-stop until Apple Maps is up to snuff. That's not the only Apple product dying on the vine -- users of Apple's ...
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