Tweet TAMPA, Fla. (AP) — The CEO of JPMorgan Chase survived a shareholder push Tuesday to strip him of the title of chairman of the board, five days after he disclosed a $2 billion trading loss by the bank…. More here: Dimon survives votes on pay, chairmanship Read More →
Tweet NEW YORK (AP) — Cheaper gas won’t be enough to get many more Americans on the road this summer. They’re still too worried about their jobs and the economy…. More: Cheaper gas not enough to boost summer driving Read More →
Tweet WASHINGTON (Reuters) – Sales at U.S. retailers barely rose in April as the boost from an unseasonably warm winter faded, pointing to some loss of momentum in consumer spending early in the second quarter. Excerpt from: April retail sales hint at slower spending pace Read More →
Tweet WASHINGTON (AP) — Confidence among U.S. builders rose to the highest level in five years, a hopeful sign that modest improvement in the housing market will pick up…. Read the original: US builder confidence at highest level in 5 years Read More →
Tweet LONDON (AP) — Long waits at British airport immigration desks have been blamed on staff cuts, airline schedules, security policies and even the wind…. Original post: UK airport delays blamed on wind, short staffing Read More →
Tweet WASHINGTON (AP) — U.S. companies restocked more slowly in March, continuing a trend that has weighed on growth this year…. Continue reading here: US business stockpiles grew 0.3 in March Read More →
Tweet WASHINGTON (AP) — Treasury Secretary Tim Geithner says the recent $2 billion trading loss by JPMorgan “helps make the case” for tougher rules on financial institutions as regulators continue to implement the 2010 law policing Wall Street…. Here is the original post: Geither: JPMorgan loss shows need for tough rules Read More →
Tweet TAMPA, Fla. Original post: JPMorgan’s Dimon to face shareholders in Florida Read More →
Tweet TAMPA, Florida (Reuters) – Shareholders of JPMorgan Chase & Co gathered in the hundreds on Tuesday for its annual meeting as pressure rises on the company and Chief Executive Officer Jamie Dimon over billions of dollars in trading losses. Continue reading here: JPM’s Dimon to face calls to split top roles Read More →
Tweet MADRID (AP) — Spanish oil company Repsol says it has made the first step in taking legal action against Argentina for nationalizing its energy firm YPF…. Read the rest here: Repsol starts legal action against Argentina Read More →