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Bank Of America Found Liable For Fraud

A jury in New York found Bank of America liable for fraud Wednesday after a monthlong civil trial. The verdict was considered a win for the Justice Department's prosecution of misdeeds during the financial crisis.

'Blockbusters': Go Big Or Go Home, Says Harvard Professor

Anita Elberse's new book, Blockbusters, examines the strategy behind making and marketing megahits. She tells NPR's Renee Montagne that content companies — publishers, movie studios and the like — can create blockbusters by dedicating most of their budgets to a select few likely winners.

Bank Of America Liable For Fraud In Countrywide Mortgages

The verdict in the month-long trial is considered a rare win for the Justice Department in a case stemming from the housing crisis.

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.