The top news from Capitol Hill testimony today by JPMorgan Chase CEO Jamie Dimon is that he says "the bank did its best to fully inform investors about its risk strategy several weeks before it suffered a $2 billion-plus trading loss," The Associated Press reports.
But the quote from him that seems to be getting the most attention came in response to a question from Rep. Sean Duffy, R-Wis., who wanted to know if the bank could ever lose "a half a trillion dollars or a trillion dollars?"
According to Forbes, the boxer Floyd Mayweather Jr. is now the world's highest-paid athlete, dethroning Tiger Woods who had held the spot since 2001.
Two bouts during the past 12 months — beating Victor Ortiz and Miguel Cotto in less than an hour combined — netted Mayweather $85 million. That's more than LeBron James ($53 million), more than Roger Federer ($52.7 million), more than Kobe Bryant ($52.3 million).
The Environmental Working Group, a non-profit health advocacy organization, says you should be concerned about pesticide residues in fruits and vegetables, but not so concerned that you stop eating these foods.
Microsoft announced yesterday that it was jumping into the tablet market with "Surface." That foray has been hotly anticipated and analysts believe with sales of PCs falling, it's an important move for the company known more for its software than its hardware.
Now that the tech writers have had a chance to get their hands on the device, we've rounded up a few of their first impressions:
President Obama addresses a joint session of Congress while delivering his State of the Union speech in 2011. During his first two years in office, Obama used big Democratic majorities in Congress to muscle through major legislation, but since the 2010 midterm elections, he's increasingly been stymied by a wall of GOP opposition.
Credit Chip Somodevilla / Getty Images
President Obama meets with members of Congress in the Cabinet Room of the White House in 2010.
Credit Pete Souza / White House
President Obama meets with congressional leaders in the Cabinet Room of the White House to discuss the debt limit and deficit reduction in July 2011.
From now until November, President Obama and GOP presidential candidate Mitt Romney will emphasize their differences. But the two men's lives actually coincide in a striking number of ways. That includes struggling with their respective legislatures. Earlier, NPR's David Welna explored Romney's time as governor of Massachusetts. In this installment of "Parallel Lives," a look at Obama and Congress.
Niouseline St. Jean, originally from Turks and Caicos Islands who lives in the U.S. illegally, reacts as she talks to the media about the new immigration ruling for students at the Miami Dade Community College in Miami last Friday.