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JPMorgan Chase Sees Profits Rise, Halves CEO's Salary For London Debacle

JPMorgan Chase says its profits were up 53 percent in 2012's fourth quarter — but CEO Jamie Dimon's salary will be cut in half, after the bank lost billions of dollars on risky bets placed by a single trader. Dimon's salary now stands at $11.5 million.
NPR

Outsourced: Employee Sends Own Job To China; Surfs Web

What began as a company's suspicion that its infrastructure was being hacked turned into a case of a worker outsourcing his own job to a Chinese consulting firm, according to reports that cite an investigation by Verizon's security team. The man was earning a six-figure salary.
NPR

Small Business Owners Turn To Friends For Money

Starting a small business hasn't been easy lately. People are now turning to their peers for funding after being denied credit from big banks. But that has its own set of risks and rewards. Host Michel Martin explores the future of small business in 2013.
NPR

Inflation Rate Slowed Sharply In 2012; Prices Were Flat In December

Consumer prices rose just 1.7 percent in 2012, the Bureau of Labor Statistics reports. That's about half the pace of 2011 — when prices went up 3 percent. A sharp slowing in the increase of gas prices was a major factor. The news means interest rates will likely stay low.
NPR

Sick Workers' Dilemma: Stay Home Or Go To Work?

The earliest flu outbreak in years continues to claim victims. Businesses are taking a hit, too. They're faced with an unsolvable problem: If they tell too many sick employees to stay home, the work doesn't get done; those who do come to the office can spread germs.

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