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Jamie Dimon Under Pressure Ahead of Investor Vote
Jamie Dimon, chairman and CEO of the country's biggest bank, faces a key test this week: His shareholders are voting on whether to let him keep both jobs. It's been just more than a year since his bank, JPMorgan Chase, revealed a surprise trading loss that tarnished its usually stellar reputation in Washington and on Wall Street, and what a difference it has made. Shareholder groups ...
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Horrible commutes ahead Conn. train outage expected for days
View Photo Associated Press/The Connecticut Post, Christian Abraham - Emergency personnel work at the scene where two Metro North commuter trains collided, Friday, May 17, 2013 near Fairfield, Conn. Bill Kaempffer, ...
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Letters The benefit of European Union membership outweighs the cost
The economic case to stay in the EU is overwhelming. The creation of the Single Market was instigated by Britain, and is now the world's largest trading bloc, containing half a billion people with a GDP of 10 trillion. To Britain, membership is estimated to be worth between 31bn and 92bn per year in income gains, or between 1,200 to 3,500 for every ...
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Tunisian Islamist protester killed in clash with police
TUNIS (Reuters) - One protester died and several were injured when Tunisian Islamists defied a ban on their demonstration and clashed with police on ...
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Small Fla. city wonders who won $590.5 million Powerball jackpot
View Photo Associated Press/Ben Margot - A woman prepares to choose her numbers on a lottery ticket Saturday, May 18, 2013, in the Chinatown district in Oakland, Calif. A record Powerball jackpot has climbed to $600 ...
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Obama delivers historic Morehouse commencement
Obama speaks in Baltimore, May 17, 2013. (Jacquelyn Martin/AP) President Barack Obama took a break from the trifecta of controversies--IRS, Benghazi, Deptartment of Justice--swirling around the White House on Sunday to deliver the commencement address at Morehouse College, the historically black, all-male institution in Atlanta. "What I ask of you today is the same thing I ask of every ...
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Euro Tax To Decimate Pensions Report Says
The trading of government bonds would be rendered uneconomic and pensioners would find their savings hit under proposals for a Europe-wide financial transactions tax, according to one of the financial sector's most influential trade bodies. In a report to be published on Monday by the Association for Financial Markets in Europe (AFME), the European Commission will be warned that its ...
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Official Va. driver who injured dozens of parade hikers likely had medical condition
View results DAMASCUS, Va. (AP) - Authorities believe the driver who plowed into dozens of hikers marching in a Virginia mountain town parade suffered from a medical condition and did not cause the crash intentionally, an emergency official said Sunday.Officials did not have a formal confirmation or any specifics on the condition, but based on the accounts of authorities and witnesses on the ...
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Teun de Nooijer bows out of top level hockey with Euro League gold
Hockey international Teun de Nooijer, 37, bowed out of the top level game on Sunday after helping his club, Bloemendaal, win the Euro Hockey ...
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Pope church should open up a bit but still follow teaching
View Photo Associated Press/Andrew Medichini - Pope Francis greets the faithful in St. Peter Square at the Vatican, after celebrating a Pentecost mass, Sunday, May 19, 2013.(AP Photo/Andrew ...
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Phoenix police officer dies in fatal hit-and-run
PHOENIX (AP) -- A police officer who was conducting a DUI stop on a vehicle in west Phoenix died after another vehicle struck him and then fled the ...
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Hofstra graduates honor student killed by police
In this photo copied from the 2010 Sleepy Hollow High School yearbook, high school student Andrea Rubello is shown. Police said Rubello, a junior at Hofstra University in Hempstead, N.Y., was shot and killed Friday, May 17, 2013, during a break-in near the college campus. (AP Photo/Sleepy Hollow High ...
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The good news – and the bad news – for Obama in scandal-tinged polls
President Obama took this past week on a trio of political scandals, any public opinion survey results that aren't dreadful probably are viewed with some relief at ...
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Swift Bieber more ready for Billboard Awards
Taylor Swift to fun. to Maroon 5 -- are the key finalists at Sunday's awards show, airing live from MGM Grand Garden Arena in Las Vegas on ABC. Those acts are up for 11 awards ...
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Damaged trains being removed from wreck site
BRIDGEPORT, Conn. - Commuter trains damaged in a crash in Connecticut were being removed Sunday in the first step to making repairs and restoring service, the agency that runs Metro-North ...
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France must lead breakuup of euro
LONDON - France played a decisive role in shaping not only the euro system but the entire European project. This history has predisposed French leaders to the goal of preserving the euro at all costs. Those costs, as we explained in Part 1 of this article, have become quite insupportable. A new strategy is needed, and France’s role in shaping it will once again be pivotal. France sits on ...
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Tea party looks to take advantage of moment
Des Moines, Iowa - Is the tea party getting its groove back? Shouts of vindication from around the country suggest the movement's leaders certainly think so. They say the IRS acknowledgement that it had targeted their groups for extra scrutiny - a claim that tea party activists had made for years - is helping pump new energy into the coalition. And they are trying to use that development, ...
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Eurovision debacle Germans blame Eurozone crisis
Eurovision Song Contest, blaming chancellor Angela Merkel's tough stance in the Euro zone crisis for their failure to win any points from 34 of the 39 countries voting. Denmark's Emmelie de Forest won the event, watched by around 125 million people across Europe, with 281 points while German act Cascada was 21st out of 26 countries, getting just 18 points from Austria, Israel, Spain, ...
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Obama urged to make economy a bigger bolder topic
FILED In this Aug. 11, 2009, file photo Senior White House Adviser David Axelrod, right, White House Press Secretary Robert Gibbs, left, leave the White House in Washington with President Barack Obama, not shown, en route to New Hampshire for a town hall meeting. Obama allies and former top aides are worried he has lost his voice on his central theme of economic opportunity, silenced by a ...
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Syrian army Hezbollah attack rebels in border town opposition
AMMAN (Reuters) - Syrian troops supported by Hezbollah militants launched an offensive to retake a major town near Lebanon from rebels on Sunday, the heaviest fighting yet involving Lebanese armed group, opposition activists ...
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Republicans Informed of IRS Investigation Last Year
J. Scott Applewhite/AP Photo Much has been made of the fact that senior Treasury Department officials were told about the investigation into the treatment of tea party groups in June 2012 — months before last year’s the Presidential election. Republicans who requested the investigation were also told about it at approximately the same time. In a letter dated July 11, 2012, the man ...
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Aide Obama learned about IRS from news accounts
President Barack Obama is delivering the commencement address at Morehouse College, the historically black, all-male institution that counts Martin Luther King Jr. among its alumni. The ...
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Tesco clothing brand plans international expansion
said on Sunday it planned to open more than 50 new franchise stores worldwide over the next five years.F&F, which opened its first franchise store in Saudi Arabia last year, said it would open shops across the Middle East and in Kazakhstan, Georgia, Armenia and Azerbaijan.Up to six stores will be opened this year, with the first in the Kazakh capital Astana next month.F&F gave no details ...
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Britains Cameron losing control as rift with party core widens
View Photo Reuters/Reuters - British Prime Minister David Cameron speaks during a news conference at the United Nations headquarters in New York May 15, 2013. REUTERS/Brendan ...
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Kenya police kill terror couple
NAIROBI, Kenya (AP) -- Police shot dead a couple suspected to be terrorists after they threw four grenades, wounding five officers in an overnight stand-off, ...
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