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Partisan Squabbles Raise Questions Over U.S. Global Influence

The government shutdown didn't help the U.S. on the world stage. But when it comes to political dysfunction, the U.S. is far from alone.

It's Easy To Blame The Canadians For Problems

The company has stumbled, but it's probably not fair to blame CGI for the debacle of the project. CGI may have received the biggest paycheck, but it's just one of 54 subcontractors. The real problem may be a lack of clear direction from its client, the Obama administration.

AP Firings Leave Many In News Media Scratching Their Heads

A brief Associated Press story that wrongly claimed Virginia Democratic gubernatorial candidate Terry McAuliffe had been accused in court documents of lying to a federal investigator has resulted in the firings of several AP journalists.

Chinese Paper Makes Unprecedented Plea For Reporter's Release

An investigative journalist at Guangzhou's New Express was taken away by police after reporting on financial irregularities at a local firm. A front-page commentary called for authorities to free him.
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Amazon To Start Charging Sales Tax In Maryland Next Year

A new Amazon fulfillment center in Baltimore is expected to bring 1,000 jobs to the city, but it also means Maryland shoppers are about to be charged more at checkout.


Debate: Should The U.S. Break Up Big Banks?

In the years since lawmakers bailed out the financial system in 2008, have we moved beyond "too big to fail"? Or would taxpayer money still have to come to the rescue in another financial crisis? A group of experts debates the wisdom of breaking up the largest banks for Intelligence Squared U.S.

ATM Maker Diebold Agrees To Settlement In Bribery Case

Ohio-based ATM manufacturer Diebold has agreed to a $48 million settlement with the Securities and Exchange Commission and the Justice Department over bribery allegations. The company is accused of spending more than $3 million to bribe bank officials in China, Indonesia and Russia over a five-year period — a violation of the U.S. Foreign Corrupt Practices Act.

Is The JPMorgan Settlement Unfair?

The details are still being worked out, but JPMorgan Chase and the Justice Department have agreed to a $13 billion settlement that will close out numerous lawsuits. About $3 billion will go to compensate investors who lost money on securities from banks that JPMorgan acquired during the financial crisis. Federal prosecutors have agreed not to seek punitive damages against JPMorgan for losses related to those deals.

Happy Birthday, Copy Machine! Happy Birthday, Copy Machine!

This week marks the 75th anniversary of the first modern copier ever made. The technology, which came from serial inventor Chester Carlson, revolutionized the business world and formed the foundation of Xerox's success. It also meant no more messy carbon paper.

It's City Vs. Creditors In Detroit Bankruptcy Trial

Grappling with $18 billion in long-term debt, Detroit makes it case for bankruptcy in court Wednesday. The business community says Chapter 9 protection will help the city turn itself around, but some big creditors will testify that the city hasn't done enough to find the money it needs.