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Oregon has long delivered for the Democratic Party. But in its newest Congressional district, the race is a toss-up as Republicans make gains across the state.

A vocal pro-democracy website in Hong Kong shut down Wednesday after police raided its office and arrested six in a continuing crackdown on dissent.

Italian automaker Fiat is hoping to become a global company making 6 million cars a year. The company already has sealed a deal with Chrysler and hopes to do the same with GM's European subsidiaries. But not everyone in Fiat's hometown of Turin is confident.

Media mogul Sumner Redstone is having money troubles. He has had to sell stock in CBS and Viacom to raise money to help with a loan for $1.6 billion for his privately held chain of theaters. To stay afloat, Redstone may have to sell CBS or Viacom.

It's been grueling for Newt Gingrich as he defends his record just days before the Iowa caucuses. Some of the stress may have surfaced Friday when one question brought on the tears.

Traders who made calamitous bets on corporate debt have cost JPMorgan Chase nearly $6 billion so far. The bank announced the losses on Friday but said the firm still managed to earn $5 billion in the second quarter. But the impact of the trading loss goes far beyond the bottom line.

The Federal Reserve decided to keep its benchmark interest rate near zero, reinforcing a commitment that rates should stay "exceptionally low" as the economy emerges from recession. Officials said high unemployment and low inflation were at the crux of the decision.

According to a new government report, allegations of wrongdoing by military recruiters rose from 4,400 cases in 2004 to 6,600 cases in 2005 -- and numbers are likely worse than reported. Violations range from falsifying documents to telling a recruit not to reveal a legal or medical problem that could bar enlistment. The rise in recruiter problems could reflect pressure to meet wartime recruiting goals.

JPMorgan Chase has agreed to pay regulators more than $900 million in fines over last year's London Whale trading fiasco. A handful of rogue traders at the bank lost more than $6 billion in a bad derivatives trading strategy. The traders then concealed the losses from senior executives for weeks. JPMorgan also formally admitted wrongdoing in the settlement with four different regulators.

The first day of former President Donald Trump's second impeachment trial began with a dramatic video of Jan. 6, as Trump's lawyers argued the Senate has no jurisdiction to take up the case.