John Chambers News
3 former NYPD officers and former assistant district attorney arrested in gun bribery scheme
Three former NYPD officers and a former assistant district attorney have been arrested and charged in Manhattan federal court in connection with a gun licensing bribery scheme.
Former NYC police, lawyer arrested in gun licensing probe
A former New York Police Department police lieutenant, two former police officers and a lawyer who once worked as a prosecutor have been arrested in a federal gun licensing probe
More Bad News From Cisco
We're in peak earnings season and we knew heading into it that it was not going to be pretty. Intel reported first-quarter profits today that were down more than 60 percent from last year. Texas Instruments also reported, and earnings at the leading maker of computer chips for mobile phones were
Retail Sales Slow, Raising Concerns About Economy
Morning Money Memo… Retailers are posting uneven results this year, but economists and investors are not sounding the warning bells just yet. Although retail sales for the third quarter have gotten off to a slow start, with July’s retail numbers falling below expectations, the outlook...
'Argo' Review: Ben Affleck Shines in Suspense-Filled Thriller
Having just celebrated the 50th anniversary of the James Bond franchise, highlighted by the forthcoming release of the next Bond film, “Skyfall,” we’re reminded of just how much we love a good spy story. But a good spy story is so much better when it’s...
Italy Tanks US Markets
Ringing the bell this morning executive. Here is the opening bell for this Wednesday November ninth hello everyone I'm Stephanie in New York futures plunged this morning on the latest developments out of Europe Joining me now to discuss those developments and all the business headlines is Suzanne
Dow Jones Industrial Average Up 423 Points at Close, Stocks Surge
The Dow Jones industrial average finished up 423.37 points, or 3.95 percent, to 11,143.31 on Thursday. The Standard & Poor's 500 Index shot up 51.88 points, or 4.63 percent, to 1,172.64. The Nasdaq was up 111.63 points, or 4.69 percent, at 2,492.68. U.S. stocks moved sharply higher today after
S&P: U.S. downgrade 'modest'
Standard & Poor's is getting lots of criticism for cutting the U.S. credit rating, but it says the downgrade isn't the end of the world, either. The Treasury, on its website, accused S&P of changing the rationale for its downgrade after Treasury pointed out a $2 trillion error in its calculations.
GOP Candidates Blame Obama for Downgrade
ABC News’ Sarah Parnass reports: Ahead of a big week in Iowa, Republican presidential candidates were abuzz with news of bond rating agency Standard & Poor’s decision to downgrade the U.S. credit rating this weekend. Statements from the GOP competitors...
The Note: Survivor Iowa: Will This Week Winnow The GOP Presidential Field?
By MICHAEL FALCONE (@michaelpfalcone) and AMY WALTER (@amyewalter) DES MOINES, Iowa -- At a campaign event in Des Moines last night, presidential candidate Michele Bachmann asked if anyone in the crowd at a Polk County Republican party dinner could give...