Loss News

New York - Authorities are planning to arrest two former JPMorgan Chase employees suspected of masking the size of a multi-billion-dollar trading loss.

Moore Oklahoma took a direct hit from an EF-5 tornado. Live video coverage courtesy of WPIX 11 News from the air in a news chopper! Pray for the people of Oklahoma. I'm lucky, I have a warm bed to sleep in tonight!

Lloyds Banking Group announced that it plans on cutting 850 more jobs, as well as closing down a large office located in Essex.

A video from the "Sesame Street" episode "Farewell, Mr Hooper," first aired on Nov. 24, 1983, has gone viral in the wake of the Newtown, Conn. tragedy. It shows the moment Big Bird learns that Mr Hooper, who owned Sesame Street's Hooper Store, had died.

During its first fiscal quarter, which ended on June 30, Nintendo reported an operating loss of over one-hundred million dollars.

The technology company Microsoft has recorded its first ever loss in its history, as the firm posted its quarterly accounts.

Tel Aviv - The Parents Circle - Families Forum unites the families of both Palestinians and Israelis who have lost loved ones in the conflict between them.

The financially struggling USPS is one step closer to gasping for survival as it announced a $3.3 billion net loss yesterday for the last fiscal quarter.

The Finnish telephone manufacturer Nokia is to cut another 3,500 jobs as part of its ongoing billion-euro cost-cutting plan.

Tampa - Driving under the influence has another Hollywood star in the spotlight this week. Joseph Gannascoli, who played a gay mafia character on the Sopranos' was allegedly drinking and driving when he was stopped by police officers in Tampa Florida.