UNITED STATES

United Airlines

Airline Passengers Revolt After Three-Day Delay In China

United customers staged a rebellion in a Shanghai airport after their flight was cancelled again and again. After being scheduled to leave China on Wednesday, customers finally landed in Newark, New Jersey on Saturday morning. Passengers pulled a customer service representative across the counter by his tie.
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Jamie Dimon JP Morgan London Whale Bruno Iksil

JPMorgan Traders Might Face Criminal Charges

JPMorgan receives another blow even as it flounders in the midst of a FERC power market manipulation probe and talks with U.S. regulators for its alleged involvement in rigging key benchmark interest rates.
Credit cards are pictured in a wallet in Washington

US Wins WTO Case Over China Bank Card Monopoly

A World Trade Organization panel ruled Monday that China had discriminated against U.S. bank card suppliers in favor of a state-owned enterprise, a decision U.S. card issuers hope could level the playing field and open up new opportunities to China's $1 trillion electronic payments market.
Bankers Outside Citigroup

US Regultors Probing Into The Escalating Libor Scandal

Taking inspiration from global regulatory investigations into the interest rate manipulation, the U.S. is now building strong evidence of criminal wrongdoings against big banks and individuals ensnared in the heart of the scam.
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Nokia Chops Windows Phone Price 50%

Nokia (NYSE: NOK), the Finnish mobile giant, chopped the list price of its Lumia 900 phone 50 percent, to only $50, which could indicate it’s not sold well.
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China Hits Back On US Olympics Uniform, Ralph Lauren Row

China weighed in on Monday with a heavy dose of sarcasm regarding the recent controversy over U.S. Olympics team blazers, suggesting that perhaps members of congress should be banned from wearing anything or using any product that has been manufactured abroad.
Chinese Hacking

China Has 'Back Door' Access to 80% of World Communications, Claims Expert

Using equipment supplied by Chinese electronics giants Huawei Technologies and ZTE corporation, the People's Liberation Army and the government have back door access to a vast majority of the world's electronic information, including sensitive military and intelligence data, Michael Maloof claims.
Republican Party

What Has Happened To Lincoln’s Republican Party?

A compelling question concerning the nation's current political culture is: what has happened to the Republican Party? President Abraham Lincoln was the Republican Party's first president, elected in 1860. But do the values of today's Tea Party faction-dominated Republican Party match the values of Lincoln?

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