Federal authorities are investigating JPMorgan, Bank of America and other big time financial institutions for potential non-compliance with federal money laundering laws, according to a report from the New York Times.
Tesla no longer owns the federal government a dime. On Wednesday the company announced it had repaid the outsanding balance of $451.8 million, with interest, on its 2009 Advanced Technology Vehicle Manufacturing loan from the Department of Defense. That means taxpayers earned a very, very small $12 million profit on the loan.
Because being one of the world's the richest just isn't enough. Buffett has no plans of slowing down now that he's finished radiation treatment for his non-life threatening prostate cancer, which he announced to newspaper executives on Friday.
Rick Santorum said Saturday the media and, "elite, smart people," never side with the Republican party, during the same speech that he said President Obama shares part of the blame for the international riots over an anti-Islam film.
In the wake of last year's disastrous Fukushima meltdown, Japan announced Saturday a plan to eliminate their reliance on nuclear power over the next 30 years. But the plan has some loopholes that could see reactors live on past the current deadline.
The decision to split News Corp. into two separate companies -- one for entertainment and one for news -- has claimed its first casualty. Tom Rothman, the longtime co-chairman of Fox's film department, has resigned over a proposed redistribution of power.
China's Vice President Xi Jinping made his first public appearance at a science fair on Saturday since mysteriously disappearing two weeks ago. Despite rumors of more serious health concerns, Reuters says the rumor he threw his back out swimming was true.
Nakoula Basseley Nakoula, the man believed to be behind the anti-Islam movie that's sparked international outrage, may be on his way back to jail. He met with federal authorities late last night to review whether his participation in the movie violated his probation.
Lance Armstrong seemed to accidentally tweet his phone number to the world earlier, but once Deadspin got on the case it seems the tweet might all be part of a big joke.
Amid the belief that the attack in Benghazi was the work of premeditated terrorists, there's a report from the British newspaper The Independent saying the State Department had advance warning of an attack and decided not to do anything. A Department rep. called it "absolutely wrong."
President Obama gave his first extended television interview since the protests in Libya and Egypt to Telemundo on Wednesday night, and he took the opportunity to explain the U.S.'s role in the developing world while clarifying where the country stands with Egypt right now.
As members of the crew who worked on Muslim Innocence speak out, we're learning more and more about the mysterious man behind the movie, allegedly named Sam Bacile, what the real cost of production was, whether the movie played anywhere, or what it was originally about.
Mitt Romney was supposed to be interviewed by CBS's Scott Pelley today for 60 Minutes, but amid the chaos surrounding the Libya story they forced to reschedule. CBS was still able to find time for the President, though.
Los Angeles smells, and not in the usual 'big city smog' way. Los Angeles smells like rotten eggs. No one knew why for the first few days, until Tuesday when the mystery was finally solved.
The President came under fire on Tuesday for supposedly snubbing an invitation for lunch from Israeli Prime Minister Benjamin Netanyahu for later in September, but Obama made it up to Netanyahu on Tuesday night when the two spoke for an hour on the phone.
One American citizen is dead in Libya after militants attacked the U.S. consulate there over the same controversial video that inspired protestors to storm the American consulate in Egypt on Tuesday.
Spotify, the popular music streaming app, is getting ready to launch a browser-based version of their service, but rumors of a potential drop in the price for their premium service don't add up.
President Obama and Joe Biden had two strange, but similar photos taken of them on Sunday afternoon. Both men got a little, uhm, physical on the campaign trail.
On a routine stop to an Orlando sports bar last night, President Obama met a little boy from his home state of Hawaii. After the two acknowledged each other with the international hand signal of being a chill bro, Obama joked and asked to see the boy's birth certificate.
No one came out of the Democratic Convention with more glowing reviews than former President Bill Clinton. Even Mitt Romney gave him props, but it could end up costing the Republican. Complimenting Clinton just before he campaigns for Obama in Florida is rather unfortunate timing.
OogieLoves and the BIG Balloon entered theaters last weekend to the worst opening weekend gross of all time, and the worst per-screen average of any movie receiving a wide release of all time. If you're stuck inside tonight, the company it keeps at the bottom of the ladder is pretty interesting.
Zadie Smith may have crossed some ridiculous ethical boundary when she had lunch with Jay-Z for her T Magazine profile of the rapper, but the Times doesn't seem to care very much.
A Stradivarius is the best violin a player could ask for thanks to a very specific biological reaction in the wood used to construct them during the seventeenth and eighteenth centuries. But a new study reveals that fungus might be the trick to making new violins that sound nearly identical.
The Golden Lion is the name of the award given to the best movie at the Venice Film Festival. This year, Paul Thomas Anderson's hotly anticipated The Master was set to receive the award until the panel of judges realized it was too good and changed their minds.
Manhattan might have Fashion Week, but the outer boroughs have tornados. Yep, a twister touched down according to eyewitness reports in Queens and Brooklyn on Saturday morning.
The Democratic Convention is over and everyone is either fired up, ready to go, or still hungover. But after throwing such an awesome party, it's time to pay the tab. For the Democrats, they're stuck with a $15 million bill still outstanding.
Global Post's Tracey Shelton has been embedded with Syrian rebels in Aleppo, one of the most violent cities over the last few months, and she is lucky to be alive after the group she was with was attacked by a government tank.
When Paul Ryan said he ran a sub-three hour mile, his bluff was called. Turns out runners are dedicated people who take their times to heart, and Ryan's time was closer to four hours. Now, his brother is claiming it only took him three weeks to train for it.
They broke even. Mark Lazarus, chairman of NBC Sports Group, announced tonight that NBC, somehow, didn't make any money off the Olympics. Well, we shouldn't say somehow. They didn't make anything off the Olympics because they paid way too much for them.
Bob Woodward's new book, The Price of Politics, is one of the first history books about last summer's debt crisis and how close the world came to being sent into financial chaos. One person has to to come out looking worse for wear, and it seems to be Eric Cantor.
The banks are starting to rally their support for the Senate. The American Bankers Association are going to start funding super-PACs anonymously in an effort to help the Republicans take back the Senate and they can rid of the pesky financial regulations holding them back.
Oh yes. ITV released the full trailer for series 3 of Downton Abbey late Wednesday night, and now we're left with only one question. Is it September 16* yet?
Nokia launched the Lumia 920 today, their new "flagship phone" drumming up excitement because it's one of the first to be optimized for Windows 8. But the Verge busted Nokia for skipping a disclaimer in one of the new ads promoting the extra clear PureView camera feature.
Mexican authorities announced the arrest of another cartel leader on Tuesday evening, but we're just hoping they actually have the right guy this time.
The President was going to spoil MTV's biggest party of the year on Thursday night, so they're just going to start and finish an hour earlier than they usually do instead of going head-to-head against him. That's not very rock n' roll, guys.
This campaign is so boring, pool reporters told us today. The excitement is gone and everyone's focusing too much on gaffes. They're alls starting to feel burnt out from the non-stop, non-existent news cycle. Pool reporters, we're here to tell you, "it get's better."
Tonight's Tuesday is packed with familiar faces. The first night of the Democratic Convention is being headlined by Michelle Obama, reigning FLOTUS, who's going to attempt to do the same thing Ann tried to do: humanize her husband.
Israel and Iran have been sparring over Iran's nuclear development for months, but, after news leaked the U.S has been quietly trying to diffuse any potential of an attack, a warning was issued that they would be included in the retaliation should anything happen.
Chris Matthews accused the Romney campaign of "encouraging white anger" in order to win in November during an appearance with Andrea Mitchell live from Charlotte on Monday afternoon.
Leading into this week's Democratic National Convention, the question everyone's either asking or answering is, "Are we better off than we were four years ago?" Republicans are using it as an attack, and the Democrats are on their heels trying to answer.
Well, Bill knows. Clinton is scheduled to be one of Wednesday's top speakers at the Democratic National Convention, but no one has any idea what he's going to say. He hasn't submitted his speech for the usual vetting process yet, and some people are getting a touch nervous.
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