Bank of America Extends Credit to Factory

Bank of America agreed today to extend a line of credit to a Chicago company whose workers have been hunkered down in the factory for five days since it abruptly shut down and they were fired without the 60-days pay or notice federal law requires. The Chicago Republic Windows & Doors Factory closed when it was unable to receive financing from Bank of America, company officials said. But today, the bank agreed to give Republic "a limited amount of additional loans" to provide workers with their...Full Story
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