A source tells The Associated Press that JP Morgan Chase is expected to accept the resignation of a high-ranking executive soon. The decision comes after one of the bank's trading groups lost $2 billion.
Tori Pinheiro shed tears and shared the sorrow of the loss of her boyfriend as Boston University students, faculty and officials gathered in a campus plaza to mourn three classmates studying abroad who died in a minivan crash in New Zealand.
Kelsey Griffith graduates on Sunday from Ohio Northern University. To start paying off her $120,000 in student debt, she is already working two restaurant jobs and will soon give up her apartment here to live with her parents.
Boston University says the deaths of three students in a minivan crash in New Zealand are an "unprecedented tragedy," the worst to hit its study abroad program since it began in the 1980s.
In Europe, where more than 200,000 people thronged a Berlin rally in 2008 to hear Barack Obama speak, there's disappointment that he hasn't kept his promise to close the military prison at Guantanamo Bay, and perceptions that he's shunting blame for the financial crisis across the Atlantic.
Inducted into the Automotive Hall of Fame in 1992, Shelby worked in recent years as a technical adviser on the Ford GT project and designed the Shelby Series 1 two-seat muscle car, a 21st century clone of his 1965 Cobra.
Thursday evening, an Alabama girl was discovered hanged from a tree with an old tire swing rope, deliberately, authorities say, by her 14-year-old half-brother who was charged Friday with murder.
A gloomy outlook on the economy extends across party lines, a new Associated Press-GfK poll has found, and handling the nation's economy remains President Barack Obama's biggest challenge in his bid for a second term.
The media frenzy over Facebook's IPO has a lot of people wondering how the process works and how well it's going, even though most small investors won't be able to get in on the opening day action.
Companies that provide employees with generous benefits, including contributing more to retirement funds and absorbing health insurance hikes, are often financially healthier because of it.
President Barack Obama endorsed the right of same-sex couples to marry on Wednesday, a landmark pronouncement made in light of mounting pressure from gay right advocates.
Education Secretary Arne Duncan broke ranks with the White House on Monday, stating his unequivocal support for same-sex marriage one day after Vice President Joe Biden suggested that he supported gay marriage as well.
The would-be suicide bomber, based in Yemen, had not yet picked a target or bought a plane ticket when the CIA stepped in and seized the bomb, officials said. It's not immediately clear what happened to the alleged bomber.