Search results for

The Federal Reserve shrugged off warnings and let banks pay shareholders billions of dollars in dividends last year, despite warnings from the Federal Deposit Insurance Corp. ProPublica investigative reporter Jesse Eisinger says banks should have been forced to set aside the money as a rainy-day cushion.

The failed bank said it will make its first payment to creditors on April 17.

In his first press conference of the year, Obama defended his decision not to intervene militarily in Iran and Syria.

The elite athletes who travel to London for this summer's Olympic Games will include petite gymnasts, huge wrestlers — and elite horses, which compete in dressage and other events. The man whose job it is to get 50-60 horses to England says, "It's quite a logistical feat."

Daily Beast and Newsweek editor Tina Brown highlights a book and an article on two titanic individuals at the center of political change: Russian President-elect Vladimir Putin and pro-democracy activist Aung San Suu Kyi of Myanmar.

Another year of growth was enough to edge Brazil past the stagnant United Kingdom in global economic rankings. Agriculture and food processing were the big areas of growth for Brazil.

Ten states voted in Super Tuesday's primaries and caucuses. At the end of the night, the map was a jigsaw puzzle of wins for Mitt Romney, Rick Santorum and Newt Gingrich. The most hard-fought state was Ohio, and Romney managed to squeak out a win.

President Obama held a wide-ranging news conference Tuesday. He bluntly challenged Republican critics of his Iran policy — saying the stakes are too high to let politics intrude. The news conference was designed to steal some of the spotlight from GOP presidential hopefuls on Super Tuesday.

GOP presidential candidate Rick Santorum won three Super Tuesday contests: Oklahoma, North Dakota and Tennessee. He just missed in Ohio. Mitt Romney went on to win there.

Back then local leaders were asked to make predictions about the future. They were wrong in guessing that mail would be delivered by rockets. But the former University of Utah president predicted giant flat-screen TVs like wall panels.