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Home » Authors » Business Wire

Articles by Business Wire

More people taking loans from 401(k)s, study finds

Among borrowers, largest percentage were those in 50s, 60s, bank data show
April 25, 2013
Business Wire
Through an analysis of participants enrolled in Wells Fargo-administered defined contribution plans, the bank says it found that 28 percent more people took out loans from their 401(k) accounts in the fourth quarter of 2012 than in the year-earlier
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Offering ways for investors to improve financial literacy

Create a plan, research well, control emotions, TD Ameritrade suggests
April 25, 2013
Business Wire
TD Ameritrade, Inc., the broker-dealer subsidiary of TD Ameritrade Holding Corp., is celebrating the 10th anniversary of Financial Literacy Month by offering 10 tips to encourage investors to take time to improve their financial knowledge.Its a
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Study: Workers more optimistic about nation's outlook

Many still holding off, though, on long-term financial commitments
April 25, 2013
Business Wire
More American workers feel secure about the country's overall economic outlook, judging by new research from the Principal Financial Well-Being Index.More than a third of workers (35 percent) who took part in the survey described their economic
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Residential remodel activity, interest rising, study finds

Improving the look, feel of living space remains key driver for projects
April 11, 2013
Business Wire
Significantly more U.S. homeowners are moving forward with renovation projects compared with this time last year, a new study has found.Fifty-three percent of the homeowners surveyed in the second annual Houzz & Home survey said they also now is
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Cutting down on legalese with software

State bar, WordRake collaborating to offer lawyers editing assistance
March 28, 2013
Business Wire
WordRake LLC, a Seattle-based company that claims to be the creator of the first editing software for lawyers, announced earlier this month that it has entered a strategic alliance with the Washington State Bar Association.WSBA employees have a
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B of A helps provide more than $2.6 billion in housing

Community development work last year to create 11,000 affordable units
February 28, 2013
Business Wire
Through its lending, tax-credit equity investments, and real estate development programs, Bank of America Merrill Lynch says it last year provided more than $2.6 billion for community development—commitments that it claims will help create in
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Lenders said not likely to fill student-loan funding gap

Private loan origination is expected to stay below pre-crisis level, Fitch says
February 28, 2013
Business Wire
Fitch Ratings, of New York, says it expects the gap between rising U.S. college costs and available financing to continue expanding in future years as a result of static federal loan limits and ongoing congressional debate over fiscal spending will
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General counsel pay falls

Stock awards declined by double digits in latest compensation survey
September 13, 2012
Business Wire
After a strong rebound in 2010, general counsel compensation suffered across-the-board declines last year, says a survey report published last month.The findings were published in the August issue of ALM's Corporate Counsel, which claims to be a
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Employment at large firms grew in '11

Last year's 1.7 percent gain reversed a decline over the two prior years
April 26, 2012
Business Wire
Headcount among the top law firms in the U.S. increased marginally last year, based on data compiled for the National Law Journal's recently published 35th annual ranking of the nation's 250 largest firms.Those top firms collectively employed in
Read More

U.S. law firm cuts reduce staffing ratios, survey finds

Associate, paralegal, staff numbers decline to one of lowest levels since '80s
September 9, 2010
Business Wire
In an effort to lower costs, U.S. law firms that responded to a survey by the New York-based National Law Journal said they cut staffing ratios for associates, paralegals, and support staff to one of the lowest levels seen since the 1980s.The of
Read More
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