News bites: Fed rejects BoA's dividend boost

The Federal Reserve has rejected Bank of America's initial bid to increase its dividend later in the year.

Egypt's stock market tumbled in its first day back after it was closed for nearly two months during the uprising.

Federal regulators are threatening to sue major Wall Street firms for misrepresenting risky bonds to credit unions.

Public employees, fearful their benefits might be slashed, are retiring at a quicker pace.

Japan's automakers are hoping to resume production this week.