JPMorgan told to fix oversight tied to $6B loss
JPMorgan Chase & Co. has been ordered to take steps to correct poor risk management that led to a surprise trading loss last year of more than $6 ...
Critics complain Sandy aid tied to other projects
Conservatives and watchdog groups are mounting a "not-so-fast" campaign against a $50.7 billion Superstorm Sandy aid package that Northeastern ...
Gazprom's EU partners anxious for price cuts
Russian energy giant Gazprom is spending billions to expand its already massive footprint in Europe. But it will have to tread carefully at a time ...
China mulls hiking investment quota for foreigners
China's securities watchdog is considering substantially raising the quota that foreign institutions are allowed to invest in the country's stock ...
Swartz' death fuels debate over computer crime
Internet freedom activist Aaron Swartz, who was found dead in his Brooklyn apartment Friday, struggled for years against a legal system that he felt ...
New Corvette bursts onto the road after 9 years
When General Motors engineers and designers started work on the next-generation Corvette, they drew up the usual requirements for the star of American ...
Vatican surprised by bank's credit card block
A senior Vatican official says he is "truly surprised" that the Bank of Italy ordered credit card payments suspended in the tiny city-state and ...
Hospitals crack down on workers refusing flu shots
Patients can refuse a flu shot. Should doctors and nurses have that right, too? That is the thorny question surfacing as U.S. hospitals increasingly ...
Washington state bank closes; first failure of '13
U.S. regulators on Friday closed a small lender in Washington state, making it the first bank failure of 2013 following 51 closures last year.
Sen. Jay Rockefeller to retire after 5 terms
After nearly three decades in the U.S. Senate, Democrat Jay Rockefeller of West Virginia said Friday he was ready to retire, calling his unrelenting ...
Wells Fargo nets record profit, but mortgages slow
Wells Fargo, the country's biggest mortgage lender, reported record earnings for the fourth quarter on Friday, beating analysts' expectations for both ...
Zimbabwe: Zimplats agrees to sell shares to gov't
Zimbabwe's largest platinum mining company says it has signed a deal to sell off its majority shareholding to the government as part of the country's ...
AP Interview: Poland to press on with shale gas
Poland will likely adopt a much-awaited law to regulate shale gas production this year, opening the way for the potentially lucrative sector to kick ...
Lawmakers release documents on Wal-Mart bribery
Wal-Mart Stores Inc.'s CEO Mike Duke found out in 2005 that the retailer's Mexico unit was handing out bribes to local officials, according to emails ...
French taxi drivers' strike clogs roadways
Taxi drivers across France clogged traffic, slowed access to airports and forced would-be passengers to find alternate transport as they held a strike ...
Banks prepare for earnings; mortgages cast a pall
Legal troubles and regulatory scuffles keep piling up for the banking industry, a fact that's sure to drag down results when the banks start reporting ...
New federal rules aim to curb risky mortgages
Federal regulators for the first time are laying out rules aimed at ensuring that mortgage borrowers can afford to repay the loans they take out.
Indonesia to add photo warnings to cigarette packs
Indonesia has issued regulations that will require cigarette packets to bear graphic photographic warnings, a long-delayed measure in a country with ...
Israeli law aims to make ultrathin models obsolete
When Margaux Stelman began modeling a few months ago, she always had her sister Aline in mind. Aline was an ex-model who died three years ago after ...
Asia stocks rise on positive start to US earnings
A positive start to U.S. corporate earnings season and a sharp improvement in China's monthly trade helped boost Asian stock markets Thursday.
UN rings alarm over conditions of domestic workers
At least 52.6 million people worldwide are employed as domestic workers, most of them women vulnerable to abuse and without adequate legal protection, ...
US banks to pay $8.5B in mortgage settlement
Hundreds of thousands of Americans stand to benefit from the latest mortgage-abuse settlement, but consumer advocates say U.S. banks may be getting ...
Unusual respite from surging health care costs
Americans kept health care spending in check for three years in a row, the government reported Monday, an unusual respite that could linger if the ...
10 banks agree to pay $8.5B for foreclosure abuse
Ten major banks agreed Monday to pay $8.5 billion to settle federal complaints that they wrongfully foreclosed on homeowners who should have been ...
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