JPMorgan’s surprise $2 billion trading loss prompted a sell-off in financial stocks Friday, with smaller declines across the broader market as investors decided this was more of a problem for investment banks than for other industries.
SAN FRANCISCO — For all the huge numbers in Facebook’s IPO papers, a surprisingly small figure stands out: $4.39, the amount the site generated per user last year.
On Tuesday, Sunbury voters elected Tommy Hatfield to a four-year term as Sunbury mayor, beginning Jan. 1, 2012. Hatfield ran against incumbent Len Weatherby, who has served as Sunbury’s mayor for the past 17 years.
WASHINGTON (AP) — The Justice Department took the unusual step Wednesday to try to block AT&T’s $39 billion purchase of T-Mobile USA, arguing that the proposed merger would lead to higher wireless prices, less innovation and fewer choices for consumers.