Embattled Federal Reserve Chairman Ben Bernanke won confirmation for a second term Thursday, but only by the closest vote ever for the crucial post and after withering criticism from lawmakers for bailing out Wall Street while other Americans suffered in recession. The Senate confirmed Mr.

Bank of New York Mellon Corp. is in talks with PNC Financial Services Group Inc.

M ost top-ranked competitors are as interesting as a mouldy ice skate when they’re away from their events. But Richard Jenkins, who runs Black Creek Investment Management Inc.

H ow did you guys meet? Sheff: I was an executive at property developer Cadillac Fairview and Ira was a pre-eminent real estate analyst. Over time, he became my broker.

T oday’s top stories from Report on Business : Toyota pedal fix in works The supplier that builds the accelerator pedals at the centre of a massive recall by Toyota Motor Corp. TM-N is ramping up production on a redesigned part at three factories, the company’s chief executive officer said today. CTS Corp.

M icrosoft Corp. MSFT-Q says its earnings in the most recent quarter jumped 60 per cent, helped by a rebound in personal computer sales. The PC industry bounced back during the 2009 holiday shopping season after one of its roughest years to date.

Bank of America’s new CEO, Brian Moynihan, will make a salary of $950,000 a year, a person familiar with his pay package said Thursday. That amount reportedly gives Moynihan an almost 20 percent raise, but leaves his base pay well short of his predecessor’s.