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Bank of America reported a $2.24 billion loss in the third quarter of this year today. The latest news has shaken investors and the bank has failed to meet analysts expectations. BofA posted a net income of $704 million, representing 15 cents per diluted share …

Nissan is looking at its first yearly loss in nearly 9 years. The loss is expected to be around $2.9 billion U.S. or 265 billion yen. In response to the loss and the poor economic conditions, the auto maker is planning on cutting 20,000 jobs. …

The 2009 Nissan Versa base model was once around $12k, now due to the poor economic conditions the automaker is going to release a cheaper, scaled down version of the Versa. The MSRP? $9,900.
The price is actually really good for a new car, and …