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Dan Bobkoff

  • Two members of the up-and-coming indie band The Yellow Dogs were among the dead in a Monday morning murder-suicide in Brooklyn. It's a tragic ending for a band that came from Iran to escape crackdowns on rock music.
  • The value of a brand doesn't include anything physical. It's just the name of the company — and all of the customer loyalty attached to that name.
  • JPMorgan Chase agreed pay $5.1 billion to settle litigation over mortgage assets sold during the housing bubble. The deal, announced late Friday afternoon, is to resolve claims the company misled Fannie Mae and Freddie Mac before the housing market crashed. It is part of a tentative $13 billion deal the company is trying to reach with federal and state agencies over its mortgage liabilities.
  • Tuesday is the deadline for taxpayers who requested an extension on their 2012 tax returns. With most of its staff currently furloughed, the Internal Revenue Service is not answering calls, issuing refunds or collecting audits. Even so, don't expect a filing reprieve; the midnight deadline is still in effect.
  • 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.
  • L.L. Bean has taken back a live Christmas wreath that had turned brown and a shirt ripped by a rescue crew after a car accident. Is that any way to run a business?
  • 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.