Page 1298 - Highest News Today

outfront 1, breaking news. americas biggest bank hosting an emergency call as its stock falls. why? jpmorgan is facing significant losses and says it took more risks than it should have. the losses to this point, the company says, to the tune of $3 billion. heres some of the things the ceo jamie diamond just said moments ago on the call. he said the trades were, quote, flawed, complex, poorly reviewed, poorly executed and poorly monitored. these were egregious mistakes and self-inflict...

The numbers are the numbers. big business in america is doing just fine. 2011 was a record year. a record year for record profits for the top 500 companies. the fortune 500 list shows corporate americas profits increased more than 16% from last year with companies raking in more than $824 billion. exxon tops the list. meanwhile, the number of americans living below the poverty line has hit a high. with 46 million americans living in poverty, the national poverty rate has gone up to 15.1% in 2010...

President obama, who we serve with pride and to the death, hard read. before the presidency his voting record. i think he has a greater appreciation of what we do. when he comes into a place like that, a more closer look at him. >> i was not trying not to be unfair, other than the people who are paid to clap, the secretary of defense and, you know, the highest-- >> looked like they were looking around, going, wow. >> yeah, even the crowd behind him unless they had been told dont do a thing, that...

in the last two years, 13 governments in the european union have either collapsed or been voted out of power. today, french president nicolas sarkozy is caught in a runoff with francois hollande that cast him his job. under sarkozy, frances unemployment climbing to 10%, while economic growth ground to a halt. also today, greece, a national election taking place in a society crushed by debt. greek unemployment now at 21%. up from just 9% before bailouts and austerity brought protesters ...

Consumer market gets more developed, lets assume theres some sort of trade changes that occur over the next ten years, whatever those may be. the implications for american workers of whatevers -- your interpretation of whats going on in china and the implication to american consumers like the four of us. >> so i think for the first thing for american consumers is its going to get more expensive when you shop in walmart. if you look, the average import price into the united states from china last...

Last couple years that it looks like things are getting better and theres a dip for a while where things get worse and it picks up in the summer. maybe that will happen this time around. these numbers are bad. whats striking about the numbers is not just the low rate of job production, but the participation rate has gotten to be terrible. the highest since 1981. >> yeah, i believe the participation rate is 63.6%. that is as you said, the highest or the lowest since 1981. the other staggering sta...

offset the cost by cutting the health care prevention funding. the republicans only grudgingly voted to extend the low rates and funding the preventative health care thats true. you can agree with them or not. but theyre cutting prevention funding for everyone no just women. those are facts. we have reported on this before. but it didnt stop the group moveon.org from taking out this full page ad in politico. republicans must think were student. the republicans will only keep rates low ...

student loan rates low by cutting the health care prevention funding. the republicans only grudgingly voted to extend the low rates and funding the preventative health care thats true. you can agree with them or not. thats not what im arguing. but theyre cutting prevention funding for everyone not just women. those are facts. weve reported on this before. but it didnt stop the group moveon.org from taking out this full page ad in politico. republicans must think were stupid, is how its...

the republicans only grudgingly voted to extend the low rates and funding the preventative health care thats true. you can agree with them or not. but theyre cutting prevention funding for everyone no just women. those are facts. we have reported on this before. but it didnt stop the group moveon.org from taking out this full page ad in politico. republicans must think were student. the republicans will only keep rates low if they cut funding for womens health. i closes with a call to ...

surrounding chinese human rights activist, chen guangcheng. he has been pleading for help and asking to come to the united states with the family. he left the safe haven of the u.s. embassy on monday but says officials misled him. he had a congressional hearing and described the conditions at his home. >> translator: i really am afraid for my other family members life. they have installed seven video cameras. even with the electric fence. >> among those watching closely, president obam...