JPMorgan Chase is licking its wounds after announcing that it lost at least $2 billion in a hedging strategy that went terribly wrong. The announcement late Thursday sent the bank's shares tumbling more than 9 percent on Friday.
Meanwhile, regulators on both sides of the Atlantic have begun looking into what happened. And there were calls Friday for tighter restrictions on the kind of trades the bank engaged in.
Carroll Shelby was a race car driver; he was a racing team owner, a chili entrepreneur. He survived a liver transplant and a heart transplant. But perhaps the thing that most people will remember him for is his automotive creations, especially the Shelby Cobra.
The French are known for being more tolerant than Americans about their politicians' private lives. One former French president even fathered a child with a mistress while in office.
But every French leader in history has been married — until now.
Next week, after Socialist Francois Hollande is sworn into office, he and his longtime companion, journalist Valerie Trierweiler, will become the first unmarried couple to move into the Elysee presidential palace.