Business

The Dow Jones industrial average stormed to its highest level in more than a year Monday as a falling dollar boosted prices for gold, oil and other commodities.

Bank of America said Monday it has lent nearly $760 billion in the past year, or almost $17 for every dollar it has received in government loans.

US Airways said Monday that it's changing the number of frequent-flier miles customers need for award tickets - a move that will require fewer miles for off-peak travel but that will also mean burning more miles for high-demand trips.

Bank of America Corp. said Monday that it extended nearly $184 billion in credit during the third quarter, as households and communities remain under financial strain.

Credit cards are undergoing the most sweeping changes in decades, brought on by both the poor economy and a wave of consumer-centric legislation.

Bank of America Corp.'s board continues to consider insiders Greg Curl and Brian Moynihan, as well as least two outside candidates, in its search to replace chief executive Ken Lewis, the Wall Street Journal reported late Sunday.

Bank of America said today that it has lent nearly $760 billion in the past year - or almost $17 for every dollar it has received in government loans.