JPMorgan Chase, the biggest U.S. bank by assets, said it suffered a trading loss of at least $2 billion from a failed hedging strategy, a shock disclosure that hit financial stocks and the reputation of the bank and its CEO, Jamie Dimon.
Doomsday scenarios spread about No. 4 reactor at Fukushima plant... Mitsuhei Murata, 74, a professor emeritus at Tokaigakuen University who once served as Japan’s ambassador to Switzerland, said, “The existence of the No. 4 reactor has become a major national security issue for the entire world that does not take a back seat even to North Korea’s missile issue.”
Premier Obama has signed yet another executive order, this one is Identifying and Reducing Regulatory Burdens, that when coupled with his Executive Order Promoting International Regulatory Cooperation and Executive Order Establishing a White House Council on Strong Cities, Strong Communities, opens a direct path to bring United Nations regulations to the grass roots of our body politic.
A recent video is going viral showing an American man describing his European vacation experience in a rental Volkswagon Passat while in the UK. He was shocked to see the vehicle was getting 50+ miles-per-gallon carrying four adults and hefty luggage. He discovered that without the typical vacation load, the UK's VW Passat could run a whopping 65+ miles per gallon. Back in the States, he contacted a Volkswagon dealer about the diesel model, but the best mileage available was 44 miles-per-gallon from the TDI Passat model. When pressed, the dealer finally admitted, "The US Government won't allow it." Why exactly would fuel efficiency be suppressed, and how widespread is this inequality?
Wisconsin Governor Scott Walker has long denied that he has a secret strategy to destroy public-sector unions as part of a long-term plan to make Wisconsin a “right-to-work” state where unions are dramatically weakened.
Sir Richard Branson believes that the ideal way for Spain to get out of its current morass of national debt, savage austerity cuts, and social turmoil would be to legalize and tax marijuana. The billionaire founder of the Virgin Group suggested at the opening of the world’s largest cannabis museum in Barcelona on Wednesday that this policy “would help get the country back on its feet.”
In yet another sickening display of gutless obedience to the Israel lobby and the Jewish dominated media, the “U.S.” House of Representatives has passed legislation which promotes Israel’s interests over the interests of America and Americans by passing the United States-Israel Enhanced Security Cooperation Act of 2012.
I have not been employed since 2004 and have the two dependents . . . . I don’t dispute that I owed them the $3500.00 but am wondering why they let it build up to somewhere around $17,000/20,000 before they attempted to collect.
Wall Street titan JPMorgan Chase on Thursday admitted that poorly positioned trades cost the bank $2 billion in losses. The news sent stocks of other big banks tumbling and raised the alarm once again over the tenuous nature of the financial system and the role of 'too big to fail' banks in the world economy.
A pact that Colombian state oil company Ecopetrol inked with the Sinochem conglomerate and the China Development Bank invites the energy-hungry Asian country to participate in a pipeline project linking central Colombia to the Pacific coast
In the United States, the Hepatitis B (Hep B) vaccine is scheduled to be given to babies at birth. Since babies do not normally go out and indulge themselves in high risk behavior such as tattooing, body piercing, IV drug use, sharing needles with others, having sex with multiple partners, or engaging in any high risk activity other than being born in a hospital, and “the duration of protection after hepatitis B vaccination of infants is unknown,” why give them the shot?
The American Civil Liberties Union will argue in a federal appeals court today that its challenge to the government’s secretive No Fly List should be reinstated. The ACLU represents 15 U.S. citizens and permanent residents, including four military veterans, who are banned from flying to or from the U.S. or over American airspace, causing great personal hardship. They have never been told why they are on the list or given a reasonable opportunity to get off it.
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