Originally published on Wed December 4, 2013 2:06 pm
Three Norman Rockwell paintings sold for a combined total of nearly $58 million at a Sotheby's auction Wednesday. The three paintings, which had long been displayed in a Massachusetts museum named for the artist, were among 10 Rockwell works sold at auction today.
By far, the star of the bunch was the 1951 masterpiece Saying Grace, which sold for $46 million â€” a record for Rockwell's art. The price includes a buyer's premium. The AP says the artist's previous record of $15 million had been set by Breaking Home Ties at a 2006 Sotheby's auction.
Originally published on Wed December 4, 2013 12:45 pm
European regulators have fined eight large banks a total of more than $2 billion over an illegal cartel scheme to fix interest rates. The fine, the largest ever issued in such a case by the European Union, comes after a two-year investigation into banks' collusion. And the inquiry isn't yet complete.
Two American banks â€” JPMorgan Chase and Citigroup â€” are included in the list of financial institutions fined as part of a settlement deal. Several banks that cooperated with investigators saw their fines reduced or eliminated.
Originally published on Sun December 8, 2013 11:30 am
If your computer is infected with a virus or other forms of malware, disconnecting the machine from the Internet is one of the first steps security experts say you should take. But someday, even physically separating your laptop from a network may not be enough to protect it from cyber evildoers.
Originally published on Wed December 4, 2013 4:41 pm
The Mental Health Parity and Addiction Equity Act of 2008 requires health plans that offer benefits for mental health and substance use to cover them to the same extent that they cover medical and surgical care.
Among other things, the law prohibits treatment limits and copayments or deductibles that are more restrictive than a plan's medical coverage.
Originally published on Wed December 4, 2013 12:54 pm
A report from payroll company ADP finds that "the U.S. private sector added 215,000 jobs during November making it the strongest month for job growth in 2013," says the company's president and chief executive, Carlos Rodriguez.