- FBI Probes JPMorgan, Shareholders Back Dimon Reuters
The FBI has opened an inquiry into the multibillion-dollar trading losses at JPMorgan Chase, stepping up pressure on the bank after key U.S. agencies said they were looking into high-risk trades.
- Has Ron Johnson Done 'Incalculable Damage' to JC Penney? Daily Ticker
In an apparent rebuke to new CEO Ron Johnson's strategy to change the company's focus from discounts to everyday low prices, total sales slumped.
J.C. Penney shares tumbled Wednesday after the retailer reported weakness across all core metrics.





