Sunday's news that Yahoo CEO Scott Thompson was stepping down in the wake of questions about his credibility is being followed this morning with accounts about how this is a victory for an activist hedge fund that's been pushing for changes at the Internet search giant.
Three high-ranking executives, including one of the most powerful women on Wall Street, are expected to resign from JPMorgan Chase this week because of their roles in the $2.3 billion loss the bank recently suffered when some risky trades blew up in its face.
The Wall Street Journal, which broke that news, also reports that JPMorgan's losses from the "giant trading blunder" keep growing. It cites "people familiar with the situation," as its sources.
The four top Republicans seeking the GOP nomination for the U.S. Senate in Nebraska â state Sen. Deb Fischer (from left), state Attorney General Jon Bruning, state Treasurer Don Stenberg and investment adviser Pat Flynn â recite the Pledge of Allegiance before a debate in Omaha last month.
Credit Nati Harnik / AP
Former Sen. Bob Kerrey is again seeking the Democratic nomination for U.S. Senate from Nebraska. Kerrey moved back to the state after serving as the president of The New School in New York.
Republicans hope to wrest control of the U.S. Senate in November from the majority Democrats, who have twice as many seats to defend this year. One state where the GOP has high hopes is Nebraska, where two-term incumbent Ben Nelson, a Democrat, is retiring. Voters from both parties will select their nominees Tuesday, and the Republican winner is likely to face a familiar face: former Democratic Sen. Bob Kerrey.
There have been hints that the obesity epidemic's rise has slowed a bit among certain populations, but for the most part, it continues to dominate American health. One third of children and teenagers are now overweight or obese. And researchers forecast as many as half of our nation's population could be obese — not overweight but obese — by 2030.
TimeSlips is a program based on the idea that storytelling can be therapeutic for people with dementia.
Credit Dick Blau / TimeSlips
Linda White (left) leads a session based on a program called <a href="TimeSlips.org">TimeSlips</a> at a Seattle senior center. The idea is to show photos to people with memory loss to help them make up a story.
Six months before the presidential election, the Florida ground game is already under way.
In political terms, the ground game is the process of mobilizing voters and getting them to the polls. And the first step is registering people to vote.
But in Florida this year, there are tough new restrictions on groups that conduct voter registration drives. The restrictions already appear to be having an impact on the number of people who are registering to vote.
You may think of surfers as slackers. But in Santa Cruz, Calif., they're city council members and business owners. And they're also conservationists — who just got their piece of the central California coast named a World Surfing Reserve.
Long before surf music topped the charts and long before surfers had crazy nicknames, surfers have been riding the waves in Santa Cruz.