Two extensive media reports trace the deterioration of JPMorgan Chase & Co.'s once-disciplined corporate culture and its aftermath. They lay bare a top-down hierarchy characterized by misplaced trust and growing hubris that fueled a power struggle during a leadership vacuum.
Nasdaq is humbly embarrassed by the technical issues that plagued trading in shares of Facebook Inc. (Nasdaq: FB) on Friday, Robert Greifeld, CEO of Nasdaq OMX Group Inc. (Nasdaq: NDAQ), told reporters on a conference call on Sunday.
NATO leaders met in Chicago on Sunday to discuss a way out of a wavering commitment in Afghanistan, amid the backdrop of a city brimming with protesters, a foiled terrorist plot, a bombing that killed two NATO soldiers, and President Barack Obama's own misgivings about the military action in Afghanistan laid bare in a lengthy New York Times report.
Indian Finance Minister Pranab Mukherjee Sunday expressed concern over the depreciation of the rupee.
Blind Chinese rights activist Chen Guangcheng, who escaped house arrest, enjoyed his initial hours of freedom in New York Saturday even as his relatives and supporters are facing the ire of Chinese authorities back in his country.
Capping an extraordinarily eventful four weeks, Chen Guangcheng -- a blind attorney known as the Barefoot Lawyer -- flew to the U.S. from China on Saturday. Chen began the day in a Beijing hospital and ended it in a New York apartment building, according to multiple media reports.
By winning first the Kentucky Derby on May 5 and then the Preakness Stakes on Saturday, I'll Have Another is on pace to win the coveted U.S. Triple Crown of Thoroughbred Racing this year.
The UFC Light Heavyweight Champion was arrested this morning after crashing his car in Binghamton, NY
Chinese blind legal activist Chen Guangcheng and his family were allowed to leave Beijing on a plane headed to the U.S. on Saturday, indicating a that a diplomatic impasse between the two countries may be over.
Human Rights Watch released a new report that documents an epidemic of sexual harassment and sexual violence against female immigrant farmworkers by employers, supervisors, and others in the workplace.
New York Police Commissioner Ray Kelly made some changes to the controversial stop-and-frisk policy that disproportionally affects young black and Latino men.
A day after the largest bank in Japan agreed to comply with a U.S. District Court order barring it from doing business with Iran, bankers and government officials in Tokyo are reportedly trying to find a way to circumvent the commercial embargo.
Kurt Mix, a former engineer for BP PLC who is accused of deleting hundreds of telling text messages about the amount of oil flowing into the Gulf of Mexico because of the company's Deepwater Horizon disaster in 2010, has asked a federal judge to allow him to travel freely while on bail.
In a talk at New York's Princeton Club, Nobel Prize-winning economist and New York Times Columnist Paul Krugman said the solution to create more jobs and get the U.S. economy to grow faster isn't rocket science: it's fiscal stimulus.
Events hosted by George Clooney and Ricky Martin were just the beginning of a summer packed with events featuring A-list movie stars and musicians ? including Jon Bon Jovi, Mariah Carey, Sarah Jessica Parker and P!nk.
Lawmakers rejected the Smith-Amash amendment, which would have barred the indefinite military detention, without charge or trial, of terror suspects apprehended on U.S. soil.
The U.S. Commerce Department has imposed hefty tariffs on Chinese solar panel imports, a move the Obama administration is saying comes as a response to uncompetitive Chinese export practices.
The ratio of bad debt held by Spanish banks increased in March and hit an 18-year high of 8.37 percent, or $187.5 billion, the country?s central bank announced on Friday. The number of nonperforming loans with payments that are 90 days overdue is now about 10 times larger than it was during the peak of the property boom in 1997.
Raven Symone has been in the limelight since she just three-years-old when she first appeared on The Cosby Show as little Olivia. Part of growing up in the limelight is the gossip. Right now, Raven Symone is at the center of a gossip story claiming that she will be coming out as a lesbian. Symone is reportedly dating American's Next Top Model contestant AzMarie Livingston.
A notorious drug dealer who began his life of crime in the 1980s during the crack epidemic was finally brought to justice along with dozens of other criminals in New York on Thursday. James Corley, 51, who evaded police for nearly 30 years, was charged with criminal sale of a controlled substance after a 15-month investigation by the NYPD.
The companies whose shares are moving in pre-market trading on Friday are: ACADIA Pharmaceuticals, Osiris Therapeutics, Morgan Stanley, Salesforce.com, Banco Santander, First Solar, JPMorgan Chase, Aruba Networks, Tata Motors and Carnival Corp.
A highly popular tranche of municipal debt issues is likely to feel the sting of a multi-notch ratings downgrade soon, a Wells Fargo credit strategist warned. The downgrade would wreak havoc on the portfolio strategy of a substantial number of investors in tax-exempt debt, and would also likely have noisy political repercussions in Puerto Rico, the municipality whose bonds are in the crosshairs.
