Originally published on Tue January 15, 2013 4:06 am
Banking regulators are telling JPMorgan Chase that it must take action to improve its risk analysis and money-laundering controls. The bank racked up a $6 billion trading loss last year. CEO Jamie Dimon cited managerial lapses and called the loss inexcusable.
Originally published on Tue January 15, 2013 4:43 am
After careening from back-to-back crises — recalls and the tsunami — Toyota is No. 1 in worldwide sales again. Toyota says it sold at least 9.7 million vehicles in 2012. General Motors reports it sold 9.3 million. Both companies say it doesn't really matter which one is in the top spot.
Originally published on Tue January 15, 2013 4:44 am
Having success in TV, movies and Broadway, Trey Parker and Matt Stone are now branching out with their own $300 million production company. They've named it Important Studios, and it's poised to approve TV, movie and theater projects.
The deal is valued at close to $1 billion. Harry Winston is a symbol of luxury. It regularly loans out its diamond studded creations to stars for their walk down the red carpet. Swatch may be best known for its colorful plastic watches.
Wal-Mart is expected to announce that it will hire every veteran who wants a job as part of a new program beginning on Memorial Day. The only requirements: that he or she left the military in the previous year and wasn't dishonorably discharged.
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In a looming battle over the federal debt ceiling, Republicans in Congress insist they hold the cards. They do have the power to stop federal borrowing, withhold payment of federal debts and cause unknown damage to the world economy. Some want to use that power to force President Obama to reduce federal spending in the way they want.
The newly redesigned Corvette Stingray is unveiled by General Motors on Sunday. The Corvette's status as a cultural icon presents challenges for GM as it attempts to the bring the beloved brand into the 21st century.
Johnny Unitas of the NFL's Baltimore Colts sits behind the wheel of his new fire-engine red Corvette in New York City, Dec. 31, 1958. The car was presented by Sport Magazine in recognition of Unitas' outstanding performance in the title playoff game.
A 1979 four-door Corvette built to sell for $44,000 (seen May 17, 1980, in Los Angeles) got 16 mpg on highways and was 18 feet long. Chevy's new 2014 Corvette uses aluminum and carbon fiber to make it lighter and faster.
Assembly line workers follow the one-millionth Corvette as the car is pulled off the end of the assembly line in Bowling Green, Ky., on July 2, 1992. The white car with red seats duplicated the colors of the first Corvette, built in 1953.
This week, the sleek, speedy Chevy Corvette turns 60 years old. In the increasingly competitive auto business, where few cars make it past their teens, that makes it nearly ancient.
General Motors, however, is not retiring one of America's oldest sports cars just yet, and is embarking on the perilous path of updating the beloved brand. The auto company unveiled the new 2014 Corvette at the Detroit Auto Show on Sunday, a model that also revives the long-dormant Stingray name.
Physician assistants Scott Fillman (left) and Andrew Hunadi get ready to see patients with flu symptoms, in a tent erected just outside the emergency entrance at the Lehigh Valley Hospital in Allentown, Pa.
What does it feel like to be working in an emergency room during this nasty flu season? Monday. Every day feels like Monday, typically the busiest time of week in the ER.
"Now instead of having a Monday peak, it's seven days a week of a Monday," said Dr. Bill Frohna, who runs the emergency department at MedStar Washington Hospital Center in Washington, D.C.
It's still too soon to say whether this is a historically bad flu season. But it's already clear that emergency rooms around the country are filled with a feverish throng that is much larger than the last time around.
Thousands of Minnesota soldiers deployed in Kuwait woke up to a surprise last spring. Just weeks before the end of their tour, a group of corporate recruiters in business-casual attire showed up on base. The first-of-its kind visit was part of a new strategy to help returning service members find civilian jobs before their feet even hit U.S. soil.
One-fifth of Americans are religiously unaffiliated — higher than at any time in recent U.S. history — and those younger than 30 especially seem to be drifting from organized religion. A third of young Americans say they don't belong to any religion.