Daily Archives

The 20 Worst-Performing Cities In America

Business Insider – Nearly three years after the official end of the recession, many cities are still miles from peak. We evaluated cities using indicators in the fourth quarter MetroMonitor from the Brookings Institute. Las Vegas emerged as the worst, with 12.7 percent unemployment, employment down 13.1 percent from peak, home prices down 64.8 percent and gross metro product down 12.1 percent. Read Article

Humans Used Fire 1 Million Years Ago

Live Science – Ash and charred bone, the earliest known evidence of controlled use of fire, reveal that human ancestors may have used fire a million years ago, a discovery that researchers say will shed light on this major turning point in human evolution. Scientists analyzed material from Wonderwerk Cave in South Africa, a massive cavern located near the edge of the Kalahari Desert. Previous excavations there had uncovered an extensive record of human occupation. Read Article

Regulator to penalize JPMorgan over Lehman demise

Reuters – A U.S. regulator is set to penalize JPMorgan for actions linked to the demise of investment bank Lehman Brothers at the height of the financial crisis in 2008, the New York Times said, citing people briefed on the matter. The Commodity Futures Trading Commission (CFTC) is expected this week to file a civil case against JPMorgan. The bank is expected to settle the Lehman matter and pay a fine of about $20 million (12.6 million pounds), the paper said. Read Article

Roma face persecution in Europe, says Amnesty

BBC – Roma, or Gypsy, communities across Europe are facing widespread persecution, says Amnesty International. In a new report, the human rights group says not enough is being done to tackle “shocking” discrimination. The survey of Roma communities across Europe found they tend to be poorer than the rest of the population, with worse health and lower literacy levels. Read Article