Quantcast
Home » Archives » Latest Headlines (Page 1189)

Republican ‘kamikaze’ tactics risk ‘serious harm’ to U.S. economy

The risk of an accidental financial meltdown has been increased sharply by the latest “kamikaze” tactics of Republican budget negotiations, according to warnings given to Congress by leading economists. The House of Representatives is expected to pass a resolution on Friday that will allow government spending to continue beyond September…

JPMorgan to pay $920 million fine for trading violations

Banking giant JPMorgan Chase agreed Thursday to pay $920 million in fines to US and British regulators over actions involved in last year’s “London whale” trading debacle. “JPMorgan failed to keep watch over its traders as they overvalued a very complex portfolio to hide massive losses,” the US Securities and…

France’s interior minister says Syria militants pose national security threat

France’s interior minister revealed Thursday that hundreds of homegrown Islamist militants were signing up to fight in Syria and warned they could pose a security threat when they come back. More than 300 French nationals or residents are either currently fighting in Syria’s civil war, planning to go and fight…

58 missing in Mexico after Hurricane Manuel makes landfall

The threat of a new landslide in a Mexican village delayed a mission Thursday to seek 58 missing people while a hurricane hit the northwest coast of the storm-battered country. As authorities hoped to send rescuers to the southwestern hamlet, the same storm that pummeled the Pacific coast hit the…

Halliburton pleads guilty to destroying evidence in Gulf spill

Halliburton pleaded guilty Thursday to destroying evidence relating to the 2010 Deepwater Horizon oil rig disaster in the Gulf of Mexico, the Justice Department said. Halliburton was sentenced to the maximum fine allowed, the department said in a statement. The court statement did not disclose the amount, but Halliburton put…

Top economist: U.S. economy can’t digest force-fed austerity

The U.S. economy cannot digest the austerity measures forced upon it by Congress, warned a top economist at Moody’s Analytics. Chief Economist Mark Zandi told the House Joint Economic Committee on Thursday that he believed the spending cuts and tax increases under discussion in the near term were overdone. “If…

Watch the anti-Obamacare videos that have the Internet creeped out

Creepy Uncle Sam wants you … to opt out of Obamacare. In a pair of new ads funded by Generation Opportunity, a person in a maniacally grinning Uncle Sam mask readies patients for gynecological or prostate exams as the on-screen text warns viewers not to “let government play doctor.” Congressional…

Cost of solar power in U.S. 60 percent lower than in early 2011

The US Solar Energy Industries Association (SEIA) and GTM Research recently released their latest quarterly report regarding the US solar energy market. There are a ton of interesting facts from the report, such…  …

Empathy for military robots could affect outcomes on the battlefield: study

That’s the conclusion of Julie Carpenter, a Ph.D. in education at the University of Washington. Carpenter interviewed 23 explosive ordnance disposal personnel who regularly used robots on the…  …

CEO Tim Cook says Apple won’t go down ‘junk’ electronics road

Apple has no intention of competing in the “junk” segment of the electronics market, chief executive Tim Cook says. In an interview published Thursday as Apple prepared to launch sales of two new iPhones, Cook said he remains unfazed by Apple’s eroding share of the smartphone market. “There’s always a…

Google+