Federal prosecutors in the U.S. have charged two former traders in JPMorgan Chase's London office with securities fraud. The two men were part of the so-called "London Whale" case, which ended up costing the company more than $6 billion. U.S. officials say the men lied about the value of some derivatives trades to cover up mounting losses.
Novelist Sue Grafton is a real hoot. She's just as likely to talk, in that native Kentucky drawl of hers, about her prized silver-coin mint julep cups as about a juicy murder mystery. But she does have a crime writer's imagination.
"I always say to people, 'Don't cross me, OK? Because you will be so sorry,'" she says. "'I have ways to kill you you ain't even thought of yet.'"
In the 10 years since sagging power lines in Ohio sparked a blackout across much of the Northeastern United States and Canada, utility engineers say they have implemented measures to prevent another such event in the country's electric grid.
But there is one disaster scenario for which the power companies are still unprepared: a massive attack on the computer networks that underlie the U.S. electric grid.
Originally published on Wed August 14, 2013 5:03 pm
Egypt suffered a day of terrible violence Wednesday, and the bloodshed was compounded by several developments that suggest more confrontations are ahead.
Egypt's security forces reasserted their authority on a number of fronts and gave every appearance that they would press ahead with a crackdown against the Muslim Brotherhood and other opposition groups.
Originally published on Wed August 14, 2013 5:13 pm
People who use Gmail and other free email systems have no reasonable expectation of privacy, according to papers filed in a U.S. district court by lawyers for Google. The filing was made in June, when Google moved to dismiss a case accusing it of breaking federal and state laws by scanning users' emails to help target its advertising campaigns.
In making its case, Google compared sending an email to other types of communications where privacy cannot be expected: