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Warren Buffett invests $5 billion in Bank of America

Warren Buffett is coming to the rescue of another fallen giant. Buffett’s Berkshire Hathaway announced Thursday that it would invest $5 billion in Bank of America Corp., giving a much-needed vote of confidence in the struggling bank.

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'Savers need to be encouraged, not driven to extinction'
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Name That Shifter, No. 31: 1998 Volvo C70
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Spain's woes to deepen as it double-dips into recession
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Khalil's Picks (11 May 2012)
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Chicago area unemployment rate rises to 9.3 percent
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Wendy’s-Arby’s shares up on takeover talk
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Pretty Space Pics: The Dark, Artistic Center of the Omega Nebula
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Forecast for Europe not as icy as it appears
It is a fitting coincidence that my spin round the world's major markets over the past few weeks should return to Europe just as the cold snap bites again. Last week's thaw accompanied my look at the US, where recovery is slowly but surely getting under way.
New Report Calls for Creation of "Space Superfund" to Clean Up Junk in Low Earth Orbit
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Adam Fergusson: Why immigrants are blamed for inflation
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