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JPMorgan To Get Whale Of A Fine For Trading Losses

The fine is reportedly said to be at least $700 million for what authorities say were massive derivative bets made without adequate risk controls in place. The case became known as the "London Whale" owing to the size of the trades made.

For-Profit Online Insurance Brokers Gear Up To Sell Obamacare

For online insurance brokers, selling health insurance through the Affordable Care Act presents a new opportunity — and a new competitor. It's unclear who will come out ahead: the businesses, with more experience, or the feds, who won't charge commissions.

A War Of Tweets Erupts Over Latest Miss America

Following the crowning of Indian-American Nina Davuluri as Miss America on Sunday, some angry Twitter users filled the Internet with racist tweets. But this time, many others fired back.

Alleged Navy Yard Killer A Former Reservist, Authorities Say

The 34-year-old, who reportedly died at the scene, had been less-than-honorably discharged from the U.S. Navy Reserve for "misconduct issues" in 2011.

Natural Gas May Be Easier On Climate Than Coal, Despite Methane Leaks

Some scientists have argued that so much gas leaks out during production that it is actually worse for the environment than coal. But a new nationwide study shows that methane leaks from natural gas production aren't as bad as some feared.

Smartphone Boom Fuels A $1 Billion Fantasy Sports Industry

Fantasy sports revenues will reach at least $1 billion this year, and the growth is in lockstep with widening broadband access and the smartphone boom.

A President Too Practiced In Tragic Words To The Nation

Some of the worst mass shootings in American history have occurred since President Obama took office in 2009. The shootings Monday at the D.C. Navy Yard now joins the grim list.


Bill Gates, Warren Buffett Again Top Forbes 400

Oracle CEO Larry Ellison ranks No. 3 and the Koch brothers jointly occupy the No. 4 spot on the list of the wealthiest Americans.

Atkins Hopes To Ride Paleo, Low-Carb Craze To A Comeback

Atkins Nutritionals says a renewed faith in the low-carb approach to dieting is helping the company grow again. It has launched a low-carb frozen food line and is plowing millions into advertising to win back dieters.

'A Sense Of Panic,' Says Witness To Navy Yard Shooting

Two people describe escaping a building as a gunman with a rifle shot at them from down the hall.