New York and Chicago launch bike-sharing programs next spring, a big jump for creating a cycling culture in American cities. Life for urban dwellers will be better. Here's why.
Federal Deposit Insurance Corporation (FDIC) said Tuesday that the banking industry earned $34.5 billion in the second quarter, up from $28.5 billion in the second quarter of 2011. Banks were also less cautious about lending, though earnings growth remained 'sluggish' according to the Federal Deposit Insurance Corporation.
India's electricity grid went out for 600 million people Tuesday. The historic blackout shows how nations must reconsider big, complex infrastructure like centralized electric utilities.
Sandy Weill, who was instrumental in Wall Street banks becoming "too big to fail," has come out in favor of breaking up the big banks. Will one of the presidential candidates take up Weill's proposal?