Aaron's Daily WWW Newspaper

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This edition was generated on Sat May 12 08:45:01 EDT 2012

Table of Contents

General News Update
Sports News Update
Business News Update
Miscellaneous Daily Information
Boston Area Weather

General News Update

Yahoo! Reuters Headlines-General News:

  • Forsyth County sheriff's deputies arrest Mary Lee Bradford of Winston-Salem and Mary Jamis of Mocksville after they refused to leave at the Forsyth County Register of Deeds office in Winston-Salem, N.C., Thursday, May 10, 2012. The two women staged a sit in at the office after some couples were refused a marriage license because they were gay or lesbian. (AP Photo/Bob Leverone)
    North Carolina a political headache for Democrats AP - 4 hrs ago

    Once a bright spot for President Barack Obama, North Carolina is now more like a political migraine less than four months before Democrats open the party's national convention in Charlotte. More »North Carolina a political headache for Democrats

    Forsyth County sheriff's deputies arrest Mary Lee Bradford of Winston-Salem and Mary Jamis of Mocksville after they refused to leave at the Forsyth County Register of Deeds office in Winston-Salem, N.C., Thursday, May 10, 2012. The two women staged a sit in at the office after some couples were refused a marriage license because they were gay or lesbian. (AP Photo/Bob Leverone)

    Once a bright spot for President Barack Obama, North Carolina is now more like a political migraine less than four months before Democrats open the party's national convention in Charlotte.

  • FILE - This undated file photo provided April 6, 2012 by the Cook County Sheriff's Department, shows William Balfour who is charged in the murders of the mother, brother and nephew of singer and actress Jennifer Hudson. A Chicago jury has convicted Hudson's former brother-in-law of murdering her mother, brother and 7-year-old nephew in what prosecutors described as an act of vengeance by a jilted husband. The jury convicted 31-year-old William Balfour on three-counts of first degree murder on Friday, May 11, 2012, after three days of deliberations. He faces a mandatory sentence of life in prison. (AP Photo/Cook County Sheriff's Department, File)
    Jury: Hudson stardom no factor in murders verdict AP - 3 hrs ago

    Jurors shrugged off Jennifer Hudson's star status and insisted it played no role in their decision to convict her former brother-in-law for slaying the Oscar winner's mother, brother and nephew — a verdict that means the … More »Jury: Hudson stardom no factor in murders verdict

    FILE - This undated file photo provided April 6, 2012 by the Cook County Sheriff's Department, shows William Balfour who is charged in the murders of the mother, brother and nephew of singer and actress Jennifer Hudson. A Chicago jury has convicted Hudson's former brother-in-law of murdering her mother, brother and 7-year-old nephew in what prosecutors described as an act of vengeance by a jilted husband. The jury convicted 31-year-old William Balfour on three-counts of first degree murder on Friday, May 11, 2012, after three days of deliberations. He faces a mandatory sentence of life in prison. (AP Photo/Cook County Sheriff's Department, File)

    Jurors shrugged off Jennifer Hudson's star status and insisted it played no role in their decision to convict her former brother-in-law for slaying the Oscar winner's mother, brother and nephew — a verdict that means the 31-year-old Chicago man will likely spend the rest of his life behind bars.

  • Republican presidential candidate, former Massachusetts Gov. Mitt Romney speaks at Charlotte Pipe and Foundry Company in Charlotte, N.C., Friday, May 11, 2012. (AP Photo/Jae C. Hong)
    Mitt Romney's 'hijinks' seen as bullying today AP - 11 hrs ago

    When Mitt Romney was a good-looking teen in the buttoned-up '60s, corporal punishment was the norm and bullying had a different, more acceptable name: hijinks. More »Mitt Romney's 'hijinks' seen as bullying today

    Republican presidential candidate, former Massachusetts Gov. Mitt Romney speaks at Charlotte Pipe and Foundry Company in Charlotte, N.C., Friday, May 11, 2012. (AP Photo/Jae C. Hong)

    When Mitt Romney was a good-looking teen in the buttoned-up '60s, corporal punishment was the norm and bullying had a different, more acceptable name: hijinks.

  • FAMU Band Director Retires Amid Hazing Probe
    Y! Big Story: Hazing rites gone terribly wrong Trending Now - 14 hrs ago

    Everything you need to get up to speed on the big story of the day Paddled. Forced to eat dog food or human vomit. Branded with a heated wire hanger. Thrown in a kiddie pool of human vomit, feces, semen, and rotten food. … More »Y! Big Story: Hazing rites gone terribly wrong

    FAMU Band Director Retires Amid Hazing Probe

    Everything you need to get up to speed on the big story of the day Paddled. Forced to eat dog food or human vomit. Branded with a heated wire hanger. Thrown in a kiddie pool of human vomit, feces, semen, and rotten food. Deprived of sleep. Beaten until organ failure or death. These aren't acts [...]

  • Leader of the Socialists PASOK party Venizelos meets leader of Conservatives New Democracy party Samaras in Athens
    Greece lurches towards new vote, hard left leads Reuters - 1 hr 3 mins ago

    ATHENS (Reuters) - Greek politicians abandoned their quest to form a government on Saturday, leaving the president with one final opportunity to avert new elections that could drive the debt-choked country out of the European … More »Greece lurches towards new vote, hard left leads

    Leader of the Socialists PASOK party Venizelos meets leader of Conservatives New Democracy party Samaras in Athens

    ATHENS (Reuters) - Greek politicians abandoned their quest to form a government on Saturday, leaving the president with one final opportunity to avert new elections that could drive the debt-choked country out of the European single currency. Greece's political landscape is in disarray after voters humiliated the only parties …

  • Germany's Finance Minister Wolfgang Schaeuble is pictured
    German Finance Minister eyes growth measures for Greece Reuters - 1 hr 34 mins ago

    BERLIN (Reuters) - Germany is ready to consider additional measures to promote growth in Greece but the struggling economy must still carry out agreed reforms, German Finance Minister Wolfgang Schaeuble said in an interview … More »German Finance Minister eyes growth measures for Greece

    Germany's Finance Minister Wolfgang Schaeuble is pictured

    BERLIN (Reuters) - Germany is ready to consider additional measures to promote growth in Greece but the struggling economy must still carry out agreed reforms, German Finance Minister Wolfgang Schaeuble said in an interview with the Welt am Sonntag weekly on Saturday. "If the Greeks have an idea of what we could do, in …

  • Venezuelan President Hugo Chavez shakes hands with his Cuban counterpart Raul Castro upon his return to Venezuela, in Havana
    Hugo Chavez shows strength after Cuba cancer treatment Reuters - 9 hrs ago

    Venezuelan President Hugo Chavez strode, sang and gave a rousing speech on Friday in a careful show of vigor after his latest cancer treatment in Cuba fanned rumors he was dying five months before an election. The socialist … More »Hugo Chavez shows strength after Cuba cancer treatment

    Venezuelan President Hugo Chavez shakes hands with his Cuban counterpart Raul Castro upon his return to Venezuela, in Havana

    Venezuelan President Hugo Chavez strode, sang and gave a rousing speech on Friday in a careful show of vigor after his latest cancer treatment in Cuba fanned rumors he was dying five months before an election. The socialist Chavez, who had only been seen live in public once in the previous month, addressed the nation after …

  • Indonesia jet crash bodies sent for identification AFP - 6 hrs ago
    The remains have been taken to the Kramat Jati Police Hospital in east Jakarta for DNA identification

    Body bags containing the remains of people aboard a Russian jet that smashed into an Indonesian mountain, arrived in Jakarta on Saturday as Russian investigators landed to join the probe.

  • Saudi king dismisses conservative adviser AP - 5 mins ago

    Saudi Arabia's King Abdullah has dismissed a controversial ultraconservative adviser after he publicly criticized reforms aimed at easing restrictions on women, the kingdom's state media reports.

  • Obama to voters: 'Nag' Congress for me The Ticket - 15 hrs ago
    Obama calls for refinancing program

    President Barack Obama has asked supporters to write, call and even tweet their members of Congress if they want lawmakers to approve his economic policies. On Friday, two days before Mothers Day, Obama suggested another approach: "Nag them!" He was speaking from the driveway of Val and Paul Keller in Reno, last stop of …

  • Authorities: Kidnapped girls didn't eat for days AP - 11 hrs ago
    FILE - This combo of file photos provided by the Mississippi Department of Public Safety shows Alexandria Bain, 12, left, and Kyliyah Bain, 8. Adam Mayes, wanted by the FBI for killing Jo Ann Bain, 31, and her daughter, Adrienne Bain, 14, and kidnapping sisters Alexandria Bain, 12, and Kyliyah Bain, 8, shot himself to death as officers closed in Thursday evening, May 10, 2012, in Guntown, Miss. The two children were rescued without injuries and released from a hospital Friday, ending a nearly two-week search that began when Jo Ann Bain and her three daughters disappeared from their Tennessee home April 27. (AP Photo/Mississippi Department of Public Safety, File)

    Hope was fading that two young sisters abducted from their Tennessee home would be found alive two weeks after they vanished: Their kidnapper had already killed their mother and sister, and he was armed with a pistol as officers closed in.

  • Horrific child murder case ends with guilty verdict Reuters - 9 hrs ago
    McDonald mother of slain eight-year-old Woodstock, Ontario girl Stafford, receives a hug from family outside the courthouse in London, Ontario

    A Canadian man was found guilty of the murder, assault and kidnapping of an 8-year-old girl on Friday, after a gruesome two-month court case that horrified the country. A jury in London, Ontario, found Michael Rafferty, 31, guilty of first degree murder, kidnapping and sexual assault, dismissing his girlfriend's testimony …

  • Facebook's Zuckerberg says mobile first priority Reuters - 14 hrs ago
    Facebook Inc. CEO Mark Zuckerberg departs New York City's Sheraton Hotel

    PALO ALTO, California (Reuters) - Facebook Inc CEO Mark Zuckerberg on Friday laid out his 2012 goals to investors on the Silicon Valley leg of his IPO roadshow, saying his first priority was improving the social network's mobile application. About 200 investors showed up at an IPO presentation in Palo Alto, California, …

  • Obama’s gay marriage decision: 60% say it won’t change their vote 15 hrs ago
    President Obama talks economy in Nevada

    Six in ten Americans say President Barack Obama's historic shift to embrace same-sex marriage won't affect how they vote in November, according to a new USA Today/Gallup poll. Still, more independents said the move made them "less likely" to vote for him than "more likely," Gallup said, making the decision a "net minus" …

  • How W.H. gay marriage declarations affect other Democratic candidates The Ticket - 15 hrs ago
    David Peters, right, and Luke Whited, a gay couple who were joined in a civil union in their home state of Illinois, show their rings inside the Bourbon Pub, a gay bar, after being interviewed about President Obama's statement of support of gay marriage, in New Orleans, Wednesday, May 9, 2012. Ending months of equivocation, Obama declared his support for gay marriage, the first U.S. president to do so. His announcement, a day after North Carolina conservatives turned out in force to vote to strengthen the state's gay marriage ban, injects a potentially polarizing issue into the 2012 race for the White House. (AP Photo/Gerald Herbert)

    Comments made by Vice President Biden and President Obama in support of gay marriage this week are trickling down to Democrats running for office this year, placing some in an awkward electoral positions ahead of November. When Obama first expressed support for gay marriage on Wednesday, much was made of the potential impact …

  • Tennessee governor signs controversial "gateway sexual activity" bill Reuters - 9 hrs ago

    NASHVILLE, Tenn (Reuters) - Tennessee teachers can no longer condone so-called "gateway sexual activity" such as touching genitals under a new law that critics say is too vague and could hamper discussion about safe sexual behavior. Governor Bill Haslam's office Friday confirmed that he had signed the bill, which stirred …

  • Would you spend $35,000 for a gold-plated coffin? The Sideshow - 15 hrs ago

    You can't take it with you. Well, unless you buy a gold-plated coffin. SmartMoney looks at a pair of luxury coffin options for the person who wants to be first class, six feet under. For $24,000 you can get Batesville Casket's Promethean bronze coffin with gold plating. That model reportedly has a little history, as [. …

More

Sports News

Yahoo! Reuters Headlines-Sports:

Business News

Yahoo! Reuters Headlines-Business:

  • Automobiles pass a JP Morgan Chase building Thursday, May 10, 2012, in New York. JPMorgan Chase, the largest bank in the United States, said Thursday that it lost $2 billion in the past six weeks in a trading portfolio designed to hedge against risks the company takes with its own money. The company's stock plunged almost 7 percent in after-hours trading after the loss was announced. Other bank stocks, including Citigroup and Bank of America, suffered heavy losses as well. (AP Photo/Frank Franklin II)
    Calls to toughen regulation follow JPMorgan loss AP - 13 hrs ago

    JPMorgan Chase faced intense criticism Friday for claiming that a surprise $2 billion loss by one of its trading groups was the result of a sloppy but well-intentioned … More »Calls to toughen regulation follow JPMorgan loss

    Automobiles pass a JP Morgan Chase building Thursday, May 10, 2012, in New York. JPMorgan Chase, the largest bank in the United States, said Thursday that it lost $2 billion in the past six weeks in a trading portfolio designed to hedge against risks the company takes with its own money. The company's stock plunged almost 7 percent in after-hours trading after the loss was announced. Other bank stocks, including Citigroup and Bank of America, suffered heavy losses as well. (AP Photo/Frank Franklin II)

    JPMorgan Chase faced intense criticism Friday for claiming that a surprise $2 billion loss by one of its trading groups was the result of a sloppy but well-intentioned strategy to manage financial risk.

  • Britain's Chancellor of the Exchequer, George Osborne, speaks on the BBC's Andrew Marr Show in London
    UK confident on bank reform despite EU row Reuters - 18 hrs ago

    LONDON (Reuters) - Britain expects its flagship banking reforms to remain on track after European Union talks next week, a government source said on Friday, despite opposition … More »UK confident on bank reform despite EU row

    Britain's Chancellor of the Exchequer, George Osborne, speaks on the BBC's Andrew Marr Show in London

    LONDON (Reuters) - Britain expects its flagship banking reforms to remain on track after European Union talks next week, a government source said on Friday, despite opposition to its demand for more freedom from Brussels to choose the level of banks' capital defences. Chancellor George Osborne has said he will see through …

  • France's Hollande: Sarkozy underplayed budget woes AP - 22 hrs ago

    French President-elect Francois Hollande suggested Friday that the government of outgoing leader Nicolas Sarkozy underestimated the country's budget problems and wants … More »France's Hollande: Sarkozy underplayed budget woes

    French President-elect Francois Hollande suggested Friday that the government of outgoing leader Nicolas Sarkozy underestimated the country's budget problems and wants a new audit of France's books.

  • A US airways plane takes off behind an American Airlines jet at Ronald Reagan National Airport in Washington
    American Airlines to explore merger options Reuters - 11 hrs ago

    (Reuters) - AMR Corp, parent of American Airlines, bowed to pressure on Friday from its unsecured creditors, including its largest labor unions, and said it would explore … More »American Airlines to explore merger options

    A US airways plane takes off behind an American Airlines jet at Ronald Reagan National Airport in Washington

    (Reuters) - AMR Corp, parent of American Airlines, bowed to pressure on Friday from its unsecured creditors, including its largest labor unions, and said it would explore merger options while it is still in bankruptcy. AMR, which has been in Chapter 11 since November, had long said it intended to reorganize as a stand-alone …

  • Facebook Inc. CEO Mark Zuckerberg departs New York City's Sheraton Hotel
    Facebook's Zuckerberg says mobile first priority Reuters - 14 hrs ago

    PALO ALTO, California (Reuters) - Facebook Inc CEO Mark Zuckerberg on Friday laid out his 2012 goals to investors on the Silicon Valley leg of his IPO roadshow, saying … More »Facebook's Zuckerberg says mobile first priority

    Facebook Inc. CEO Mark Zuckerberg departs New York City's Sheraton Hotel

    PALO ALTO, California (Reuters) - Facebook Inc CEO Mark Zuckerberg on Friday laid out his 2012 goals to investors on the Silicon Valley leg of his IPO roadshow, saying his first priority was improving the social network's mobile application. About 200 investors showed up at an IPO presentation in Palo Alto, California, …

  • Indonesian soldiers carry a victim of Wednesday's plane crash at Cijeruk in Bogor, West Java, Indonesia, Saturday, May 12, 2012. Search teams who scaled a volcano's steep slopes found at least 12 bodies Friday near the wreckage of the Russian-made Sukhoi Superjet-100 that crashed in Indonesia during a demonstration flight for potential buyers, an official said. All 45 aboard the jetliner that crashed Wednesday are feared dead.(AP Photo/Achmad Ibrahim)
    Remains retrieved from Indonesian plane crash AP - 7 hrs ago

    Clearer weather finally allowed Indonesian helicopters to land Saturday and retrieve some remains of the 45 people aboard a Russian-made plane that crashed into a volcano … More »Remains retrieved from Indonesian plane crash

    Indonesian soldiers carry a victim of Wednesday's plane crash at Cijeruk in Bogor, West Java, Indonesia, Saturday, May 12, 2012. Search teams who scaled a volcano's steep slopes found at least 12 bodies Friday near the wreckage of the Russian-made Sukhoi Superjet-100 that crashed in Indonesia during a demonstration flight for potential buyers, an official said. All 45 aboard the jetliner that crashed Wednesday are feared dead.(AP Photo/Achmad Ibrahim)

    Clearer weather finally allowed Indonesian helicopters to land Saturday and retrieve some remains of the 45 people aboard a Russian-made plane that crashed into a volcano during a demonstration flight.

  • Investor holds prospectus explaining Facebook stock after attending show for Facebook Inc's initial public offering at the Four Season's Hotel in Boston
    Facebook's IPO already oversubscribed: source Reuters - 23 hrs ago

    SAN FRANCISCO (Reuters) - Facebook Inc's record initial public offering is already oversubscribed, a source familiar with the share listing said, days after the world's … More »Facebook's IPO already oversubscribed: source

    Investor holds prospectus explaining Facebook stock after attending show for Facebook Inc's initial public offering at the Four Season's Hotel in Boston

    SAN FRANCISCO (Reuters) - Facebook Inc's record initial public offering is already oversubscribed, a source familiar with the share listing said, days after the world's largest social network embarked on a cross-country roadshow to drum up investor enthusiasm. Despite concerns about slowing growth, a lofty valuation and …

  • To match Special Report CHESAPEAKE-WALLSTREET/MACHINE
    Chesapeake wins breathing space with $3 billion loan Reuters - 12 hrs ago

    (Reuters) - Chesapeake Energy Corp said it had received a $3 billion loan from Goldman Sachs and Jeffries Group that will give it breathing room to sell assets and close … More »Chesapeake wins breathing space with $3 billion loan

    To match Special Report CHESAPEAKE-WALLSTREET/MACHINE

    (Reuters) - Chesapeake Energy Corp said it had received a $3 billion loan from Goldman Sachs and Jeffries Group that will give it breathing room to sell assets and close a funding gap this year. The company, which has been embroiled in a corporate governance crisis that prompted its move to replace co-founder Aubrey McClendon …

  • Bundesbank chief warns Greece on rescue deal AP - 2 hrs 34 mins ago

    The head of Germany's central bank is warning that there would be no basis for further financial aid to keep Greece afloat if the country backs off agreements with international … More »Bundesbank chief warns Greece on rescue deal

    The head of Germany's central bank is warning that there would be no basis for further financial aid to keep Greece afloat if the country backs off agreements with international creditors.

  • To match Special Report CHESAPEAKE-WALLSTREET/MACHINE
    Chesapeake up against low-key activist Mason Hawkins Reuters - 13 hrs ago

    NEW YORK (Reuters) - O. Mason Hawkins, whose $34 billion mutual fund firm is Chesapeake Energy Corp's largest shareholder, is best known as a Warren Buffett-style value … More »Chesapeake up against low-key activist Mason Hawkins

    To match Special Report CHESAPEAKE-WALLSTREET/MACHINE

    NEW YORK (Reuters) - O. Mason Hawkins, whose $34 billion mutual fund firm is Chesapeake Energy Corp's largest shareholder, is best known as a Warren Buffett-style value investor who takes big stakes in companies and holds them, often for years. But occasionally Hawkins turns activist and agitates for corporate change. His …

  • Automobiles pass a JP Morgan Chase building Thursday, May 10, 2012, in New York. JPMorgan Chase, the largest bank in the United States, said Thursday that it lost $2 billion in the past six weeks in a trading portfolio designed to hedge against risks the company takes with its own money. The company's stock plunged almost 7 percent in after-hours trading after the loss was announced. Other bank stocks, including Citigroup and Bank of America, suffered heavy losses as well. (AP Photo/Frank Franklin II)
    After JPMorgan loss, a call for stricter oversight AP - 8 hrs ago

    JPMorgan Chase faces intense criticism for claiming that a surprise $2 billion loss by one of its trading groups was the result of a sloppy but well-intentioned strategy … More »After JPMorgan loss, a call for stricter oversight

    Automobiles pass a JP Morgan Chase building Thursday, May 10, 2012, in New York. JPMorgan Chase, the largest bank in the United States, said Thursday that it lost $2 billion in the past six weeks in a trading portfolio designed to hedge against risks the company takes with its own money. The company's stock plunged almost 7 percent in after-hours trading after the loss was announced. Other bank stocks, including Citigroup and Bank of America, suffered heavy losses as well. (AP Photo/Frank Franklin II)

    JPMorgan Chase faces intense criticism for claiming that a surprise $2 billion loss by one of its trading groups was the result of a sloppy but well-intentioned strategy to manage financial risk.

  • To match Feature AVON/
    Avon cooperating with SEC in stock trading probe Reuters - 12 hrs ago

    (Reuters) - Cosmetics company Avon Products Inc is cooperating with the Securities and Exchange Commission, which was reported on Friday to be looking into trading activity … More »Avon cooperating with SEC in stock trading probe

    To match Feature AVON/

    (Reuters) - Cosmetics company Avon Products Inc is cooperating with the Securities and Exchange Commission, which was reported on Friday to be looking into trading activity before fragrance maker Coty Inc's $10 billion offer to buy Avon. According to the Wall Street Journal, the SEC sent a letter to Avon on April 2, the …

  • The sign up page of Linkedin.com is seen in Singapore
    Exclusive: Monster deal heats up, LinkedIn to pass: sources Reuters - 13 hrs ago

    NEW YORK (Reuters) - Monster Worldwide Inc has drawn interest from a number of potential buyers, including private equity firm Silver Lake Partners, although at least … More »Exclusive: Monster deal heats up, LinkedIn to pass: sources

    The sign up page of Linkedin.com is seen in Singapore

    NEW YORK (Reuters) - Monster Worldwide Inc has drawn interest from a number of potential buyers, including private equity firm Silver Lake Partners, although at least one would-be suitor, LinkedIn Corp , has decided not to pursue a deal after an initial look, according to people familiar with the matter. A source close …

  • The logo of the Huawei Technologies Co. Ltd. is seen outside its headquarters in Shenzhen, Guangdong province
    Huawei gearing up to take on Cisco on its home turf Reuters - 11 hrs ago

    (Reuters) - Huawei's head of research and development in North America said his company is more than ready to take on larger rival Cisco Systems but noted it will take … More »Huawei gearing up to take on Cisco on its home turf

    The logo of the Huawei Technologies Co. Ltd. is seen outside its headquarters in Shenzhen, Guangdong province

    (Reuters) - Huawei's head of research and development in North America said his company is more than ready to take on larger rival Cisco Systems but noted it will take some patience -- and time. "The U.S. is by far our most complex market ... for us our entrance into the U.S. is similar to a western company entering China," …

  • TheBlaze.com
    Romney Donor Finds Out What it Means to Be on President Obama‘s ’Enemies List’ The Blaze - 7 hrs ago

    Former governor Mitt Romney & President Obama More »Romney Donor Finds Out What it Means to Be on President Obama‘s ’Enemies List’

    TheBlaze.com

    Former governor Mitt Romney & President Obama

  • Traders work at the post that trades JP Morgan on the floor of the New York Stock Exchange
    Banks hit by JPMorgan; Wall Street ends week lower Reuters - 15 hrs ago

    NEW YORK (Reuters) - Shares of U.S. banks slumped on Friday after JPMorgan said it lost billions of dollars on bad trades, but the overall market ended only modestly … More »Banks hit by JPMorgan; Wall Street ends week lower

    Traders work at the post that trades JP Morgan on the floor of the New York Stock Exchange

    NEW YORK (Reuters) - Shares of U.S. banks slumped on Friday after JPMorgan said it lost billions of dollars on bad trades, but the overall market ended only modestly lower, thanks to gains in technology shares. JPMorgan Chase & Co , the largest U.S. bank by assets, dropped 9.3 percent on record high volume after it disclosed …

  • Fitch downgrades JPMorgan Chase & Co. AP - 13 hrs ago

    Fitch Ratings and Standard & Poor's Ratings Services each downgraded their assessment of America's biggest bank, JPMorgan Chase & Co., on Friday. More »Fitch downgrades JPMorgan Chase & Co.

    Fitch Ratings and Standard & Poor's Ratings Services each downgraded their assessment of America's biggest bank, JPMorgan Chase & Co., on Friday.

  • MG6 cars sit on the production line at the MG Longbridge factory in Birmingham
    Britons get gloomier - long, hard revival to come Reuters - 20 hrs ago

    LONDON (Reuters) - Britons turned gloomier last month as a slump in construction pointed to an even deeper recession and producers ramped up prices, highlighting the … More »Britons get gloomier - long, hard revival to come

    MG6 cars sit on the production line at the MG Longbridge factory in Birmingham

    LONDON (Reuters) - Britons turned gloomier last month as a slump in construction pointed to an even deeper recession and producers ramped up prices, highlighting the long and difficult road back to economic health. The economy has not fully recovered from the downturn caused by the 2007-2009 financial crisis, with many …

  • In this Feb. 8, 2012 photo shows two workers inside of Facebook headquarters in Menlo Park, Calif. Facebook stock is expected to begin trading publicly on May 18. Market pros and average investors alike are sizing up the company's strengths and weaknesses. The key question: Can Facebook parlay its vast legions of users into huge profits, as Google did following its 2004 initial public offering? (AP Photo/Paul Sakuma)
    Facebook updates data use policy to give more info AP - 14 hrs ago

    Facebook is updating its data use policy in an attempt to give people more clarity on how the company uses information they share. More »Facebook updates data use policy to give more info

    In this Feb. 8, 2012 photo shows two workers inside of Facebook headquarters in Menlo Park, Calif. Facebook stock is expected to begin trading publicly on May 18. Market pros and average investors alike are sizing up the company's strengths and weaknesses. The key question: Can Facebook parlay its vast legions of users into huge profits, as Google did following its 2004 initial public offering? (AP Photo/Paul Sakuma)

    Facebook is updating its data use policy in an attempt to give people more clarity on how the company uses information they share.

  • JPMorgan said it could face further losses as its shares plummeted
    JPMorgan tarred as shares plunge on $2bn loss AFP - 13 hrs ago

    JPMorgan Chase's shares were pummeled Friday and politicians blasted its CEO Jamie Dimon after the bank reported a shock $2 billion derivatives loss that even the pugnacious … More »JPMorgan tarred as shares plunge on $2bn loss

    JPMorgan said it could face further losses as its shares plummeted

    JPMorgan Chase's shares were pummeled Friday and politicians blasted its CEO Jamie Dimon after the bank reported a shock $2 billion derivatives loss that even the pugnacious chief executive called "egregious."

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