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Former JPMorgan Chase Traders Charged Over 'White Whale' Bets
Federal prosecutors filed criminal charges on Wednesday against two JPMorgan Chase traders involved in the "London Whale" bets that produced $6 billion in losses for the bank. The Securities and Exchange Commission also filed a civil case. The two men were charged with fraud and conspiracy to falsify books and records.
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3:08
Access To Toilets And Books Improves Life For Kids Across The Globe
Since 1990, nearly 2 billion people have gained clean toilets, or at least decent outhouses. And many more children in the developing world now eat better, go to school and get medical treatment. The advances mean that fewer children are dying of preventable diseases.
What's Behind The Drop In Unemployment
The unexpected dip to 6.7 percent may seem like good news, but the rate slid in December in part because the country found itself with a smaller workforce as people retired or just dropped out. At the same time, most of the jobs being created are in low-wage industries.
Captain Apologizes As Death Toll Rises In S. Korea Ferry Accident
The captain of the 6,852-ton ferry has been criticized for allowing 30 minutes to pass before giving an evacuation order. He has been arrested, even as a recovery effort continues.
Lost In Translation: French Rule On Work Email Covers Fewer Workers
A French reader tells us that the agreement between unions and tech and consulting companies covers about 200,000 people – not 1 million as had been originally reported.
Should Uber Be Responsible For Driver Recklessness?
The family of a 6-year-old girl who was hit and killed by an Uber driver is suing the ride-sharing company. They say the driver was distracted by the mobile app he used to find his next fare.
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3:48
Supreme Court Opens Door To Easier Police Searches
The justices ruled 6-3 that police can enter and search a home without a warrant, so long as just one of the residents consents, giving law enforcement more room to conduct warrantless searches.
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3:17
So Far At The Games, A Low-Key Response To Russia's Anti-Gay Law
There haven't been any pronouncements in favor of gay rights at news conferences or on medal stands yet. And LGBT activists aren't too surprised.
Cars Are Next Frontier For Sharing Services
Two 19-year-olds from New Jersey noticed all of the cars in long-term parking at the airport. They had an idea: Why not rent them out? They raised $6 million in venture capital funding for their company FlightCar.
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4:04
No, Queen Elizabeth Is Not Down To Her 'Last Million'
She's not going to be a pauper anytime soon. Yes, the royal household has drawn down its rainy day fund. But the queen is still worth about $500 million — not counting the billions more in assets that belong to the crown estate.
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