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Dan Bobkoff

  • 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.
  • 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.
  • Singer-songwriter J.J. Cale died Friday at the age of 74. His music took the edges off honky-tonk and blues, dressed them in a smoking jacket and ascot, and made them smooth. His most recognizable songs, however, were made famous by Eric Clapton. They include, "Cocaine" and "After Midnight."
  • Verizon has taken the first step to replace copper lines with a home cellular connection in coastal areas hit hard by Hurricane Sandy. But many customers don't like the new phone connection, saying the new technology is inferior to traditional landlines.
  • Three of the four major wireless companies are out with new plans for those who want the latest smartphone sooner. The plans, with names like Verizon Edge and AT&T Next, essentially let you rent a phone for six months or a year and then trade it in for a new one — but there's a catch.
  • The Empire State Building is going public. The landmark's owners approved a plan this week to offer shares of the building to Wall Street investors. The plan, however, was not without a fight.
  • Multiple companies — from Time Warner Cable to Yahoo — are said to be interested in acquiring Hulu. The site streams TV shows and movies online. Some shows on Hulu are free, but paid subscribers get access to more programming.