WASHINGTON — On paper at least, European leaders agree: They need stronger growth measures to help their economies expand out of their 2 ½-year-old government debt crisis. Figuring out exactly what those new steps might be will be the hard part.
TAMPA, Fla. — 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.
NEW YORK — JPMorgan Chase CEO Jamie Dimon owned up to stock analysts and went on TV to accept blame for a $2 billion trading mistake. Next he faces shareholders, who are considerably less wealthy since the blunder was disclosed.
WASHINGTON — JPMorgan Chase faced intense criticism Friday for claiming that a surprise $2 billion loss by one of its trading groups was the result of a sloppy but well-intentioned strategy to manage financial risk.
Fear of European debt is once again playing havoc with Wall Street.
WASHINGTON — The elections that drove Nicolas Sarkozy out of power in France and left Greece scrambling to build a coalition government pose a financial threat to the United States that could undermine President Barack Obama’s efforts to cast himself as the agent of a U.S. economic revival.
WASHINGTON (AP) — U.S. manufacturing grew last month at the fastest pace in 10 months. New orders, production and a measure of hiring all rose.
REYNOLDSBURG — State officials will return five surviving exotic animals to a woman whose husband released dozens of wild creatures before committing suicide. The Ohio Department of Agriculture announced the decision Monday at an agency hearing in which the state was to defend its authority to quarantine the animals — two leopards, two primates and a bear — on suspicion of infectious diseases.