The Justice Department’s $13 billion mortgage securities settlement with JPMorgan Chase & Co. is a record and also a rarity -- Attorney General Eric Holder’s first big win against a bank at the heart of 2008’s financial crisis.
The owner of SeaStreak Wall Street, a commuter ferry that crashed in Manhattan’s financial district on Jan. 9, has settled more than 45 personal-injury claims for almost $1 million, according to a lawyer for the company.
Joseph Carr, founder of Joseph Carr Wines, discusses how his failure to make it as a busboy in his first restaurant job led to a career as a sommelier, wine industry executive, and now a leading California wine producer. He also discusses some of his company's new vintages, and his involvement with this weekend's Martha's Vineyard Food and Wine Festival. Carr talks with Bloomberg's Kathleen Hays and Vonnie Quinn on Bloomberg Radio's "The Hays Advantage."
President Barack Obama and his family fly this weekend to Martha’s Vineyard for a vacation at a rented multimillion-dollar modernist home owned by Chicago investment banker and Democratic Party donor David Schulte.