State/National News
Protestors hold signs outside the gate of JP Morgan Chase annual stockholders meeting held Tuesday, May 15, 2012, in Tampa, Fla. JPMorgan Chase CEO Jamie Dimon, facing shareholders five days after the bank disclosed a $2 billion trading loss, said Tuesday that the company s mistakes were "self-inflicted." (AP Photo/Scott Iskowitz)
Dimon survives votes on pay, chairmanship
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 ba...
16 hrs ago | 0 0 comments | 3 3 recommendations | email to a friend
full story
In this May 11, 2012, photo, trader Edward Curran, right, works on the floor of the New York Stock Exchange. Wall Street was headed for a higher opening Tuesday May 15, 2012, with Dow Jones industrial futures rising 0.4 percent while S&P 500 futures added 0.5 percent. (AP Photo/Richard Drew)
Dow Jones average continues a 5 percent slide
Stocks are closing lower as the Dow Jones industrial average continues a two-week slide that has shaved off nearly five percent of its value. U.S. stock indexes wavered between modest gains and lo...
17 hrs ago | 0 0 comments | 3 3 recommendations | email to a friend
full story
FILE - This Nov. 14, 2011, file photo shows a Home Depot store in Edmond, Okla. Home Depot is expected to report its earnings Tuesday, May 15, 2012. Home Depot said Tuesday, May 15, 2012 that its fiscal first-quarter profit climbed 27.5 percent as warmer weather brought consumers out for spring gardening and lawn products. (AP Photo/Sue Ogrocki, File)
Warmer weather pushes Home Depot 1Q profit up
ATLANTA (AP) — Home Depot says its fiscal first-quarter profit climbed 27.5 percent as warmer weather brought consumers out for spring gardening and lawn products. The world's biggest home-improve...
22 hrs ago | 0 0 comments | 3 3 recommendations | email to a friend
full story
Stocks, euro drop as deadlock continues in Greece
NEW YORK (AP) — A political stalemate in Greece rattled financial markets worldwide on Monday, sending U.S. stocks lower. The price of oil and Treasury yields hit their lowest levels of the year a...
1 day 20 hrs ago | 0 0 comments | 4 4 recommendations | email to a friend
full story
Some Ga. liquor stores could pay to have Sunday sales
MARIETTA, Ga. (AP) — Some metro Atlanta liquor stores will have to pay to sell liquor on Sundays if voters approve the measure. Cobb County voters will decide in July whether to allow Sunday sales...
1 day 21 hrs ago | 1 1 comments | 1 1 recommendations | email to a friend
full story
FILE - In this May 11, 2012 file photo, people stand in the lobby of JPMorgan Chase headquarters in New York. JPMorgan Chase is expected to accept the resignation of one of the highest-ranking women on Wall Street after the bank lost $2 billion in a trading blunder, a person familiar with the matter said Sunday, May 13, 2012. The bank will accept the resignation of Ina Drew, its chief investment officer, the person told The Associated Press, speaking on condition of anonymity because the person was not authorized to discuss the decision publicly. (AP Photo/Mark Lennihan, File)
JPMorgan exec becomes first casualty of bad trade
NEW YORK (AP) — The executive responsible for trading strategy at JPMorgan Chase, one of the highest-ranking women in Wall Street, on Monday became the first casualty of the bank's stunning $2 bill...
1 day 22 hrs ago | 0 0 comments | 2 2 recommendations | email to a friend
full story
Is Europe a safe place to buy? Not exactly
NEW YORK (AP) — It often pays to zig when everybody else zags. If you were brave enough to put cash into the stock market three years ago — and very few small investors were — you've doubled your m...
2 days 11 hrs ago | 0 0 comments | 3 3 recommendations | email to a friend
full story
FILE - In this Nov. 15, 2010, file photo, Scott Thompson speaks at the Web 2.0 Summit in San Francisco. The Wall Street Journal s technology blog AllThings D is reporting Sunday, May 13, 2012, that Yahoo CEO Scott Thompson will step down. The Journal cited "multiple" unnamed sources close to the situation in reporting that the Internet giant will say Thompson is stepping down for personal reasons. (AP Photo/Paul Sakuma, File)
Report: Yahoo CEO to step down amid resume miscue
NEW YORK (AP) — Yahoo CEO Scott Thompson reportedly will step down Sunday amid controversy over mentions on his resume and in regulatory filings of a computer science degree he never received. The...
2 days 15 hrs ago | 0 0 comments | 3 3 recommendations | email to a friend
full story
Stock market decline is muted, despite bank slump
by JOSHUA FREED,AP Business Writer
4 days ago | 0 0 comments | 3 3 recommendations | email to a friend
Stocks closed lower after JPMorgan's surprise $2 billion trading loss. JPMorgan shares dropped more than 9 percent, pulling down other financial stocks with them. Most of the decline in the Dow Jo...
JPMorgan loss sets off call for heavier regulation
by DANIEL WAGNER,AP Business Writer
4 days ago | 0 0 comments | 3 3 recommendations | email to a friend
WASHINGTON (AP) — A surprise $2 billion trading loss by a division of JPMorgan Chase triggered calls Friday for tougher regulation of banks three years after their near-death experience in the fina...
US phone subscribers hang up on contracts
by PETER SVENSSON,AP Technology Writer
5 days ago | 0 0 comments | 4 4 recommendations | email to a friend
NEW ORLEANS (AP) — U.S. consumers have had their fill of expensive, contract-based phone plans. Figures from T-Mobile USA on Thursday, added to earlier reports from other companies, indicate that ...
Dow breaks 6-day losing streak, barely
by JOSHUA FREED,AP Business Writer
5 days ago | 0 0 comments | 3 3 recommendations | email to a friend
The Dow Jones industrial average has broken a six-day losing streak. The Dow notched a small gain after the government released better unemployment numbers. The Dow rose 20 points to close at 12,8...
DDA approves $35K for demolition of Broad and Third Avenue property
by Doug Walker, Associate Editor
6 days ago | 3 3 comments | 6 6 recommendations | email to a friend
Plans to demolish three old buildings at the corner of Third Avenue and Broad Street and to replace them, at least temporarily, with a parking lot cleared one hurdle Thursday and will face another ...
US stocks fall as Europe doubts bubble to surface
by DANIEL WAGNER,AP Business Writer
6 days ago | 0 0 comments | 3 3 recommendations | email to a friend
U.S. stocks are closing lower as fears about European debt play havoc with Wall Street. Stocks fell sharply Wednesday as borrowing rates climbed for Spain and Italy, a sign that investors are losi...
Fannie Mae earned $2.7B in Q1, doesn't seek aid
by MARCY GORDON,AP Business Writer
6 days ago | 0 0 comments | 2 2 recommendations | email to a friend
WASHINGTON (AP) — U.S. mortgage giant Fannie Mae reported its first net income gain since it was taken over by the government during the 2008 financial crisis. Fannie said Wednesday that it earned...
Cattle prices jump as ranchers begin rebuilding
by RAMIT PLUSHNICK-MASTI,Associated Press
6 days ago | 0 0 comments | 2 2 recommendations | email to a friend
FRANKSTON, Texas (AP) — A cow runs circles in a small pen, her baby close by her side. Ranchers, their brows wrinkled, scribble in a glossy catalog while high on a podium the auctioneer slams his g...