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April is Autism Awareness Month

Dan Bobkoff

  • The details are still being worked out, but JPMorgan Chase and the Justice Department have agreed to a $13 billion settlement that will close out numerous lawsuits. About $3 billion will go to compensate investors who lost money on securities from banks that JPMorgan acquired during the financial crisis. Federal prosecutors have agreed not to seek punitive damages against JPMorgan for losses related to those deals.
  • Thanks to the shutdown, economists are flying blind without government data. The Bureau of Labor Statistics will finally release the September jobs report on Tuesday, more than two weeks after it was slated to come out.
  • Tuesday is the deadline for taxpayers who requested an extension on their 2012 tax returns. With most of its staff currently furloughed, the Internal Revenue Service is not answering calls, issuing refunds or collecting audits. Even so, don't expect a filing reprieve; the midnight deadline is still in effect.
  • Three American professors won this year's Nobel Memorial Prize in Economic Sciences for their studies on asset prices.
  • JP Morgan Chase reported something unusual today: a loss. The bank has been forced to set aside a huge cash reserve to cover expected fines and related legal costs. In the most recent quarter, the set-aside was so large — $9.1 billion — that it produced a net loss for the bank.
  • L.L. Bean has taken back a live Christmas wreath that had turned brown and a shirt ripped by a rescue crew after a car accident. Is that any way to run a business?
  • Opening statements in the court case FCC vs. Verizon begin Monday. This case could determine the FCC's legal ability to enforce the principle known as net neutrality. At issue is whether the federal government may block Internet service providers from slowing or blocking certain online content.
  • Of all the healthy foods you could eat, what inspires some people to wear kale T-shirts and sport kale stickers? Why do some people see kale as a part of their identities?
  • Trading on the Nasdaq exchange was halted today due to an unspecified technical glitch. The shutdown rattled investors and raised fresh concerns about the safety and stability of financial markets. Nasdaq in particular has experienced technological mishaps, most notably during the Facebook IPO in 2012.
  • The race to create a viable Internet-based TV service is on, and the contestants include the biggest names in computer technology: Apple, Microsoft, Intel and Google. Sony has apparently reached a deal — as preliminary — with Viacom to carry the company's cable channels on its planned web TV service.