Originally published on Fri October 25, 2013 7:31 pm
JPMorgan Chase announced that it reached a $5.1 billion settlement with the Federal Housing Finance Agency, which is a conservator for the mortgage giants Freddie Mac and Fannie Mae.
The Wall Street Journal explains:
Originally published on Fri October 25, 2013 7:22 pm
The Department of Transportation has slapped United Airlines with a $1.1 million fine for lengthy tarmac delays at Chicago O'Hare International Airport in July of 2012.
In a press release, the DOT said the fine was the largest issued since it instituted a rule that penalizes U.S. carriers for holding a plane with passengers on a tarmac for more than three hours.
Originally published on Fri October 25, 2013 7:55 pm
Pennsylvania Gov. Tom Corbett may have been watching fellow Republican Gov. John Kasich of Ohio who bypassed the Republican Legislature in his state this week to expand Medicaid.
As part of the Affordable Care Act, states have the option to make coverage available to low-income adults, with the federal government picking up the entire tab for the first three years.
A growing number of school districts across America are trying to weave tablet computers, like the iPad, into the classroom fabric, especially as a tool to help implement the new Common Core state standards for math and reading.
Last year, the U.S. government took Apple to court, charging that the company illegally drove up the price of e-books. This summer, Apple lost the case.
In France, just the opposite is happening. The French government has accused Amazon of trying to push the price of physical books too low.
Limiting discounts on books is one of the ways that France is trying to ensure the survival of its independent booksellers.