The head of JP Morgan Chase is doing a lot of apologizing today, saying he and other bank executives have a lot of egg on our face. CEO Jimie Dimon is under scrutiny by federal regulators and customers after he announced that the bank which managed t
The House Armed Services Committee is overwhelmingly supporting a 624-billion-dollar defense legislation it calls for construction of a mission defense site on the East Coast, and [to] restore ships and planes that were supposed to be retired early.
JP Morgans Jamie Dimon will remain chairman of the board, despite the banks $2 billion trading loss. Shareholders are also endorsing Dimons pay package from last year, which totaled $23 million. But despite the loss, the bank is still expected to out
The political tug-of-war(拔河) in Greece is threatening to unravel Greeces bailout arrangement with its EU and IMF partners, which could cause a ripple effect through global markets. Theyre struggling to form a coalition government, without that, n
The CEO of JP Morgan Chase says he was dead wrong when dismissed concerns about the banks trading. Speaking on ABC's Meet the Press, Jamie Dimon played down the concerns in April as a tempest in a teapot. So first, I was dead wrong when I said that.
President Barack Obama is honoring the nations top police officers. At Rose Garden ceremony at the White House, the President praised the winners of a National Police Association Award for officers who showed courage and in the line of duty. We will
The White House is awarding the Medal of Honor this hour to an American solider from Elwood City, Pennsylvania, who is killed in Cambodia(柬埔寨) in 1970. The army says paper work for the award was lost for three decades until a Vietnam War vetera
A prosecutor is using John Edwards words against him in his campaign corruption trial in North Carolina. Enclosing arguments today, Bobby Higdon said the former presidential candidate apparently forgot his own rhetoric(虚夸的言辞) when he said s
The New president of France is assuring President Obama that French troops will withdraw from Afghanistan by year's end as he pledged in his campaign. Hollande spoke through a translator after meeting with Mr. Obama at the White House. We also discus
Leaders of eight leading world economies are meeting today at Camp David, in the Maryland mountains to discuss the European debt crisis. Michael Froman is president Obama's deputy national security advisor on international economics. He says the lead
President Obama says Afghanistan is ready to move from a decade of war to a period of peace and development. NPR Scott Horsley reports Mr. Obama is hosting a NATO summit in Chicago on Afghanistans postwar future. President Obama says there is still a
A former Rutgers University student, convicted of bias intimidation against his gay roommate is getting 30 days in jail and 3 years probation(缓刑). Dharun Ravi is accused of using a webcam to spy on Tyler Clementi, who suicide days later, fueled n
Authorities are trying to learn more about the woman who forced US Airways flight bound to North Carolina to divert to an airport in Maine after she displayed what authorities described as suspicious behavior. The aircraft out of Paris, France, lande
White House counterterrorism adviser John Brennan has given the most extensive justification so far for the USs use of unmanned drone strikes against suspected terrorists. The strikes have been controversial because they can even target US citizens w
President Obama now says same-sex marriage should be legal. NPRs Ari Shapiro reports the White House has been under pressure to clarify the presidents position since Vice President Joe Biden expressed support for gay marriage on Sunday. The president
Uncertainty is rippling across world markets about Europes ability to deal with its debt crisis. Voters in two countries have punished political leaders who favored austerity measures in order to help rescue Europes ailing economies. In France, the p
Socialist Francois Hollande swept to power in France today. He beat incumbent President Nicola Sarkozy in a run-off presidential election. Hollandes supporters took to the streets in Paris to celebrate. NPR's Eleanor Beardsley says it's like Mardi Gr
The man who claimed he planned the 9/11 attacks is before a military tribunal at Guantanamo Bay, Cuba today. But Khalid Sheikh Mohammed and four co-defendants would not answer the judge's questions and even refuse to listen to them by taking off the
The unemployment rate has edged down to 8.1%, but that's not exactly welcome news to economists. It suggests that more people came up to look for work last month, so they were not counted in the tally. And the employers added a lower than expected 11
GOP Congresswoman Michelle Bachmann of Minnesota has endorsed presumptive Republican presidential nominee Mitt Romney. NPR's Craig Windham reports Bachmann says her one-time rival for the GOP nomination promises a new vision of prosperity and liberty