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Mary Kennedy services planned amid apparent rift
5/18/2012 3:32:04 PM
The two sides of Mary Richardson Kennedy's grieving family faced off in court Friday, just hours before a planned wake for Robert F. Kennedy Jr.'s estranged wife, as a relative described a long fight with psychiatric illness that ended in suicide.
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Jurors in Edwards trial will resume talks Monday
5/18/2012 2:17:24 PM
A jury deliberated for about five hours Friday in John Edwards' campaign corruption trial involving money from wealthy donors that was used to hide his pregnant mistress during his 2008 White House bid. Talks will resume Monday, but the jury has already made several requests for evidence and office supplies, a sign they may be settling in for detailed discussions.
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Analysis: JPMorgan to be haunted by change in risk model
5/18/2012 2:13:10 PM
(Reuters) - JPMorgan Chase & Co's decision to radically change the way risk was measured in its Chief Investment Office is likely to dog the bank in the developing crisis over the big trading losses it has suffered. The move, which allowed the bank to disguise the level of risk that the CIO was taking in its trading, could become a major focal point of investigations by the U.S. Securities and Exchange Commission and the FBI, former regulators said. It also will likely become part of investor cases in lawsuits against the bank and its executives. ...
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Europe thinks the unthinkable on Greece
5/18/2012 1:28:08 PM
BRUSSELS/LONDON (Reuters) - European officials are working on contingency plans in case Greece bombs out of the euro zone, the EU's trade commissioner said on Friday, as European share prices tumbled and Germany warned of continuing financial turmoil. German Finance Minister Wolfgang Schaeuble, one of Greece's harsher critics, said market unrest fuelled by the euro zone debt crisis could last another year or two. "Regarding the crisis of confidence in the euro ... in 12 to 24 months we will see a calming of the financial markets," he said. ...
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Hundreds of protesters marching through Chicago
5/18/2012 1:05:28 PM
Thousands of nurses and other protesters gathered Friday at a downtown Chicago plaza for a noisy but largely peaceful demonstration demanding a "Robin Hood" tax on banks' financial transactions, before a smaller but more raucous crowd broke away and began marching through city streets.
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Obama, Hollande hunt for Afghanistan compromise
5/18/2012 12:42:47 PM
Visiting French President François Hollande told President Barack Obama on Friday that France's combat troops would leave Afghanistan by year's end and pledged to find a way "for our allies to pursue their mission" in talks at a looming NATO summit. The two leaders also bonded over jokes about fast food, a move that recalled [...]
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‘Predatory’ prison phone rates: Civil rights leaders urge reform
5/18/2012 11:25:18 AM
What if it cost $17 to make a 15-minute phone call in the U.S.? How often would you call home? That's the dilemma facing many inmates who must rely on the prison phone service and pay sky-high rates. A bipartisan group of prison reformers is calling on the Federal Communications Commission to stop phone companies [...]
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Postal employee on workers comp caught running marathon
5/18/2012 10:55:58 AM
A U.S. District Court in Florida convicted a former Florida postal worker of health care fraud after she was caught participating in more than 80 long-distance races, including the Boston Marathon, all while taking workers' compensation for a back injury. Jacquelyn V. Myers, 55, was also convicted of making false statements and faces up to [...]
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Joe Ricketts gave to every GOP candidate, even Gary Johnson
5/18/2012 9:56:54 AM
Billionaire political donor Joe Ricketts clearly has President Barack Obama in his line of fire this election season, as we learned this week. But when it comes to Ricketts writing checks, apparently all Republicans--and even some libertarians--are welcome.
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Coulda, woulda, shoulda: Other big tech debuts
5/18/2012 9:30:44 AM
This is a good time to compare the giant social network with some of the other well-known tech outfits of the modern day, such as Google (GOOG), Microsoft (MSFT) and Apple (AAPL).
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Romney’s VP vetting process has begun
5/18/2012 8:39:21 AM
Mitt Romney's campaign has begun the vetting process to find a suitable running mate, a source close to the campaign told The Hill's Alexander Bolton: The team for Beth Myers, the Romney adviser leading the search for the GOP's vice presidential nominee, has already contacted potential running mates.
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Advice to would-be Romney running mates: Run for the hills
5/18/2012 8:17:12 AM
Nothing is easier to mock in politics right now than the apparent reluctance of leading Republicans to sign on as Mitt Romney’s second banana. A few weeks ago, Jon Stewart summarized the way that Rob Portman was plugging his Senate colleague Marco Rubio, who in turn was passing the baton to Jeb Bush, with the line, “Doesn’t anyone want the rock in crunch time?”
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Edwards' downward spiral fueled by ambition, narcissism
5/18/2012 6:31:00 AM
In 2001, when I was a political/metro columnist for The Charlotte Observer, I had lunch with Sen. John Edwards at a Southern soul food restaurant on Tryon Street between the headquarters buildings of the twin banking colossi that defined this city.
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Suspect arrested in Miss. highway shootings
5/18/2012 4:29:31 AM
Authorities in Mississippi have arrested a suspect in two fatal highway shootings. The suspect had not been posing as a police officer in the shootings, as authorities previously thought.
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The Liberation of Rahm Emanuel
5/18/2012 1:45:00 AM
It doesn’t sound like Rahm Emanuel, the current mayor of Chicago and former Obama chief of staff, misses working in the White House all that much.
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Jury to begin deliberations in John Edwards case
5/18/2012 1:20:37 AM
Jurors were set to begin deliberating the fate of John Edwards on Friday, weighing nearly four weeks of testimony and evidence from the former presidential candidate's corruption trial.
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G8 leaders seek to corral Europe crisis
5/18/2012 12:55:11 AM
The leaders of eight of the world's biggest economies meet this weekend outside Washington, seeking to keep Europe's debt crisis from spiraling out of control and jeopardizing fledgling recoveries in the U.S. and elsewhere.
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