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AirAsia jet tail found underwater, black box may be close by

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JAKARTA/PANGKALAN BUN, Indonesia The tail of a crashed AirAsia jet has been found upturned on the sea bed about 30 km (20 miles) from the plane's last known location, Indonesia's search and rescue agency said on Wednesday, indicating the crucial black box recorders may be nearby. | Video

UPDATE 4-AirAsia jet tail found underwater, black box may be close by

* Airline chief Fernandes says aim is to find all passengers (Adds Allianz to make initial payments to next of kin of passengers)

AirAsia's insurers see 'no problems' with claims-Indonesia regulator

JAKARTA/SINGAPORE Insurers have begun processing claims in the crash of an Indonesia AirAsia aircraft last month and hope to identify the beneficiaries by the end of January, an official from Indonesia's financial regulator said on Tuesday.

JPMorgan settles currency manipulation lawsuit in U.S.

NEW YORK JPMorgan Chase & Co has become the first bank to settle a U.S. antitrust lawsuit in which investors accused 12 major banks of rigging prices in the $5 trillion-a-day foreign exchange market.

UPDATE 3-JPMorgan settles currency manipulation lawsuit in U.S.

NEW YORK, Jan 5 JPMorgan Chase & Co has become the first bank to settle a U.S. antitrust lawsuit in which investors accused 12 major banks of rigging prices in the $5 trillion-a-day foreign exchange market.

Director's cut: Best-paid corporate boards

A seat on a corporate board is nice work if you can get it, especially at three companies that pay their directors more than $100,000 per meeting. A Reuters Special Report.  Full Article