The U.S. government says JPMorgan Chase & Co. knowingly sold faulty mortgage-backed securities in the years leading up to the financial crisis. The bank says it's broken no laws.
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JPMorgan Chase will reportedly pay a $700 million fine to settle allegations that it made risky trades out of its London office that led to more than $6 billion in losses.
Google, like Facebook, Microsoft and other Internet companies, is concerned that data requests from U.S. surveillance agencies could ultimately damage its reputation in the U.S. and overseas.
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Federal contractor Booz Allen Hamilton, headquartered in McLean, Va., employed Edward Snowden, the computer technician at the center of the controversy over leaks involving the National Security Agency.
People walk on the boardwalk in Seaside Heights, N.J., on Friday. The Jersey Shore beaches officially opened for the summer, after rebuilding following the destruction left behind by Superstorm Sandy last fall. The storm caused $37 billion of damage in the state.
Garment workers sew T-shirts at a factory in Dhaka, Bangladesh, in 2009. Bangladesh, the world's second-largest clothing exporter, has lured clothing makers through a combination of low wages and light regulation.
Some housing experts say New York's zoning code has discouraged the building of affordable housing by requiring that all apartments be at least 400 square feet. The city is interested in finding ways to rewrite the rules.