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NPR

As Home-As-B&B Service Grows, So Does Controversy

The online service for short-term rentals in private homes known as Airbnb got a boost when it was featured at the recent Apple conference. But the company has also drawn in attention in cities like San Francisco, where legal concerns over everything from liability and safety to upset landlords have led to scrutiny. Audie Cornish speaks with Fast Company reporter Austin Carr about what Airbnb is up against.
NPR

Jury To Deliberate In Gupta Insider Trading Case

Jurors in the insider trading case of Rajat Gupta heard closing arguments on Wednesday. Gupta is the former head of McKinsey and Company, and a close associate of Raj Rajaratnam, the hedge fund manager who was convicted of insider trading last year.
NPR

JPMorgan CEO Maintains Close Ties In Washington

Melissa Block talks with New York Times banking reporter Jessica Silver-Greenberg. They discuss JPMorgan Chase CEO Jamie Dimon, and his ties to Washington. Dimon testified on Capitol Hill Wednesday that he could not defend the hedging strategy that resulted in a multibillion dollar trading loss in May.
NPR

JPMorgan CEO: $2 Billion Loss Was Indefensible

JPMorgan Chase CEO Jamie Dimon was on Capitol Hill Wednesday to answer questions about the surprise $2 billion trading loss the bank announced in May.
NPR

New Internet Suffixes Are The Web's Newest Frontier

The Internet Corporation for Assigned Names and Numbers — or ICANN — announced Wednesday which companies or entities have applied to administer top level domains like ".google" or potentially ".drink." Some say it has implications for consumers because it could increase potential for Internet fraud.
NPR

Obama Team: Household Net Worth Actually Rose During His Presidency

Using additional Federal Reserve data, White House officials on the president's National Economic Council argued that while household net worth fell before President Obama took office, it has risen since then and he bears some of the credit.
NPR

JPMorgan Execs Who Bungled Billions May Have To Return Bonuses, Stock

"It's likely that there will be clawbacks," CEO Jamie Dimon told Congress today, invoking a term that those executives certainly didn't want to hear.

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