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Legal troubles take their toll: JPMorgan Chase reports rare net loss of $380 million

US banking giant JPMorgan Chase on Friday reported a rare quarterly loss due to high legal costs, even as its underlying business produced results that bested expectations. The bank, the nation’s largest by assets, reported a net loss of $380 million on revenues of $23.12 billion, due in large part…

Television still major source of news for Americans

Television remains a key source of news for Americans even as digital media gains impoon ertance, a survey showed Friday. A Pew Research Center analysis showed 71 percent of American watch local television news at home and 65 percent view network newscasts over the course of a month. Some 38…

Republican lawmaker: We as a nation need to return to God

Rep. Jeffrey Duncan (R-SC) on Thursday said the United States had strayed too far from God. “Mr. Speaker, I rise today in honor of a gentleman who is with me in the Capitol. He was the high school valedictorian at Liberty High School,” he said, according to the Congressional record.…

Ted Cruz blames Obama after he gets heckled at Values Voter Summit

Republican Sen. Ted Cruz of Texas was heckled during a speech at the Values Voter Summit on Friday. The tea party lawmaker suggested that President Barack Obama’s advocacy organization — Organizing for America — was behind the stunt. Watch video, uploaded to YouTube, below:…

Nazi war criminal Erich Priebke dies in Italy

Former SS captain Erich Priebke, one of the last Nazi war criminals still alive, who turned 100 years old in July, died Friday in Rome, Italian media reported. Priebke, who was sentenced to life in prison in 1998 for his role in a massacre at Rome’s Ardeatine caves in March…

John Kerry in Afghanistan to push to keep U.S. troops in the country after 2014

US Secretary of State John Kerry held talks with President Hamid Karzai in Kabul on Friday to try to advance troubled negotiations with Afghanistan on some US troops staying in the country after 2014. Karzai said this week that he was prepared to walk away from the Bilateral Security Agreement…

Bomb explodes outside Swedish consulate in Benghazi

A car bomb exploded outside the Swedish consulate in the restive Libyan city of Benghazi Friday, seriously damaging the building but causing no casualties, a security official said. “A powerful explosion in front of the Swedish consulate caused serious damage to it and neighbouring buildings but no casualties,” Colonel Abdullah…

Healthcare.gov sucks because they hired political cronies instead of real experts to build it

Why Healthcare.gov Sucks? Because They Hired Political Cronies, Not Internet Native Companies To Build It (via Techdirt) There’s been plenty of talk lately about just how screwed up the launch of Healthcare.gov has been. While any massively large-scale internet launch is likely to suffer some problems, the level of disaster…

NSA staff pissed off at Obama: He isn’t sticking up for us

NSA Staff Whining That President Obama Isn’t Defending Them Enough (via Techdirt) Foreign Policy magazine has an article highlighting how NSA employees are pissed off that President Obama hasn’t been defending the NSA strongly enough these past few months. While many (including us) have been quite critical of President Obama’s…

New Disney princess outrage: Is ‘Frozen’ only for ‘pretty’ girls’?

New Disney princess outrage: Is ‘Frozen’ only for ‘pretty’ girls? (via The Christian Science Monitor) This publicity photo released by Disney shows a scene from the animated film, “Frozen, ” which hits the big screen Nov. 27. (Disney/AP) The head of animation for Disney’s upcoming film “Frozen” has leaked the…

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