SEC going to trial against BofA on Merrill bonuses; bank also exits $118B loss guarantee deal

WASHINGTON — Bank of America Corp. now faces a trial with the Securities and Exchange Commission over billions in bonuses paid at Merrill Lynch, after a judge threw out the bank’s $33 million settlement and rebuked the agency for not pursuing charges against executives.

Counselors to be available at Texas school after girl dies, another injured in awning collapse

BRIDGEPORT, Texas — Counselors will be available for students at a Texas high school after one girl died and another was injured when an awning fell on the teenagers.

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