The head of JPMorgan Chase says the trading strategy that cost it $2 billion in a matter of weeks won't really affect the bank's bottom line. But the trade happened during a presidential campaign where the economy and Wall Street are major themes.
Over the weekend, Syrian troops continued their brutal campaign against those who oppose the regime of President Bashar Assad. And a questionable video has been released by a group claiming responsibility for massive explosions that shook Syria's capital last week.
The conference finals are underway in the National Hockey League playoffs. In the East, the New York Rangers will face the New Jersey Devils Monday. In the West, the Los Angeles Kings have won Game 1 — beating the Phoenix Coyotes 4-2.
Israel's prime minister has formed a national unity government. Like all Israeli leaders, Benjamin Netanyahu leads a coalition government in parliament. He needs to put together multiple parties to have a majority. And by adding the centrist Kadima party to his side, Netanyahu increases his support and avoids the possibility of having to call an early election. NPR's. Lourdes Garcia-Navarro joins us on the line from Israel to tell us what it all means. Lourdes, hi.
Pakistan's Supreme Court has issued a judgment against the country's prime minister - again. The court had already ruled against Prime Minister Yusuf Reza Gilani for blocking a corruption investigation. Now, the judges have released details of their ruling, giving 77 pages worth of reasons why they found the prime minister in contempt of court. Let's remember this conflict is taking place in a vital, if troubled, U.S. ally.
NPR's Julie McCarthy joins us on the line from Islamabad, as she has so many times over the years. Hi, Julie.
Vice President Joe Biden said he is "absolutely comfortable" with gay couples who marry getting the same civil rights and liberties as heterosexual couples. President Obama does not publicly support gay marriage.
South Sudan is the country that voted to break away from Sudan. They've been jostling for control of border zones, including oil fields. And just as the two sides were sitting down to negotiate, fighting broke out.
Originally published on Mon April 30, 2012 5:26 am
Tuesday marks one year from the day President Obama announced to the nation that Osama bin Laden had been killed. To underline the significance of the anniversary, the administration sent its counter-terrorism expert out on the airwaves Sunday. It also launched a controversial campaign ad about the raid against the al-Qaida leader.
It's been a busy week in politics including Mitt Romney's five primary wins — making him the de facto Republican presidential nominee. Newt Gingrich, however, has still not pulled out of the GOP presidential race.