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CAPE FEAR MEMORIAL BRIDGE: Updates, resources, and context

Dan Bobkoff

  • For Time Warner Cable customers in major cities, the battle for the future of television is playing out before their eyes as CBS and the cable giant fight over fees. You might not realize it, but between a third and half of your cable bill goes directly to pay for channels like CBS or ESPN.
  • A federal jury in Manhattan has found former Goldman Sachs trader Fabrice Tourre liable on six of the seven fraud charges against him. The Securities and Exchange Commission had accused Tourre of intentionally misleading investors in a mortgage-linked security he marketed in the days before the subprime mortgage market collapsed.
  • Former Goldman Sachs trader Fabrice Tourre was found liable on six of seven counts on Thursday. The Securities and Exchange Commission accused Tourre of misleading investors in a mortgage-linked security.
  • Singer-songwriter J.J. Cale died Friday at the age of 74. His music took the edges off honky-tonk and blues, dressed them in a smoking jacket and ascot, and made them smooth. His most recognizable songs, however, were made famous by Eric Clapton. They include, "Cocaine" and "After Midnight."
  • Verizon has taken the first step to replace copper lines with a home cellular connection in coastal areas hit hard by Hurricane Sandy. But many customers don't like the new phone connection, saying the new technology is inferior to traditional landlines.
  • Three of the four major wireless companies are out with new plans for those who want the latest smartphone sooner. The plans, with names like Verizon Edge and AT&T Next, essentially let you rent a phone for six months or a year and then trade it in for a new one — but there's a catch.
  • If you think that government and the financial industry are a bit too friendly in the U.S., try England. London's version of Wall Street is called the City. And in the City, the line between government and corporate interests gets even blurrier. Critics say it's time for change.
  • The recession hit Puerto Rico's already struggling economy hard. So the island, a U.S. territory that can make its own tax laws, is pitching an attractive offer to the wealthy: Move to this warm, tropical isle and live virtually tax-free.
  • For the first time, the Consumer Financial Protection Bureau has referred a criminal case to the Department of Justice. The bureau accuses a debt relief company called Mission Settlement Agency of bilking consumers out of millions. The suit alleges the company lied about fees and its results.
  • New York Attorney General Eric Schneiderman says he's suing Bank of America and Wells Fargo for violating the terms of a national agreement over foreclosure abuses. Schneiderman claims he has documented 339 violations by the banks of standards that were part of the agreement.