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.
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JPMorgan exec expected to resign, AP source says
Falling commodity prices punished materials and energy companies Wednesday, pushing Wall Street’s major stock indexes to a lower close.
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Materials lead US stocks lower as commodities dip
AP – It’s courtroom drama crossed with “Sesame Street,” as a television station barred from using cameras during a high-profile corruption trial covers the highlights with a nightly puppet show. It stars a talking squirrel “reporter” who provides the play-by-play in an exaggerated, “you won’t believe this” tone.
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TV covering high-profile Ohio trial with puppets
(AP)
Reuters – German government bond yields hit their highest in nearly a month and world stocks held near 7-week lows Thursday, a day after a weak debt sale in Berlin fanned fears the euro zone debt crisis is starting to threaten its biggest > falling 115 ticks on the day to 134.66, the lowest since October 31.
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German bonds fall; stocks, euro vulnerable
(Reuters)
AP – It’s moving day for bank customers.
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Fed-up consumers planning for ‘Bank Transfer Day’
(AP)
AP – Occupy Wall Street supporters who staged rallies that shut down the nation’s fifth-busiest port during a day of protests condemned on Thursday the demonstrators who clashed with police in the latest flare-up of violence in Oakland, Calif.
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Occupy protesters disavow Oakland violence
(AP)
AP – A crowd of protesters in Oakland, Calif., that had gathered in front of City Hall amid a heavy police presence has scattered as authorities have fired tear gas in response to rock throwing from some of the demonstrators.
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Police fire tear gas after protesters throw rocks
(AP)
Reuters – General Electric Co reported earnings that met Wall Street expectations, but its shares slipped 1.4 percent as investors worried about declining profit margins at its energy equipment division.
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GE growth meets forecasts, but margins a worry
(Reuters)
Reuters – The U.S. government obtained secret court orders to force Google Inc and a small Internet provider to hand over information from email accounts of a WikiLeaks volunteer, the Wall Street Journal reported on Monday.
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U.S. order targets WikiLeaks supporter’s mail: report
(Reuters)
The Christian Science Monitor – An estimated 200 social justice protesters demonstrated in Freedom Plaza in Washington, D.C., Thursday, expressing solidarity with the âOccupy Wall Streetâ movement that has spread to more than 150 US cites.
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Is the ‘Occupy Wall Street’ movement being hijacked by newcomers?
(The Christian Science Monitor)