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Florida News

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  U.S. Stocks Rise as Bullard Says Stimulus Should Continue

  Updated 49 minutes ago

  U.S. stocks rose, erasing earlier losses, after Federal Reserve Bank of St. Louis President James Bullard said the central bank should continue its bond buying to boost growth that is slower than expected.

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  JPMorgan Shareholders Reject CEO-Chairman Split in Win for Dimon

  Updated 1 hour, 9 minutes ago

  JPMorgan Chase & Co. Chief Executive Officer Jamie Dimon won shareholder support to remain chairman, surviving a campaign to split the roles after a record trading loss at the biggest U.S. bank.

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  Victory for Dimon as JPMorgan Shareholders Reject CEO-Chairman Split

  Updated 15 minutes ago

  JPMorgan Chase & Co. Chief Executive Officer Jamie Dimon won more shareholder support this year than in 2012 to remain chairman, surviving a campaign to split the roles after a record trading loss at the biggest U.S. bank.

• JPMorgan Top Director Says ‘Stay Tuned’ on Risk Panel Change

  Updated 43 minutes ago

  JPMorgan Chase & Co.’s risk committee could undergo changes in its membership, said Lee R. Raymond, the bank’s lead director.

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  Dimon Seen Keeping Chairman, CEO Roles in Preliminary Voting

  Updated 1 hour, 40 minutes ago

  JPMorgan Chase & Co. Chief Executive Officer Jamie Dimon won approval from investors to keep his chairman title in preliminary voting ahead of today’s shareholder meeting, according to two people with knowledge of the tallies.

• Gold, Silver Fall on Bets Fed May Cut U.S. Bond Purchases

  Updated 48 minutes ago

  Gold and silver futures resumed slumps on speculation that the Federal Reserve may scale back U.S. debt purchases, curbing demand for the precious metals as a store of value.

• Sanofi, Roll Global, Heineken, WWE: Intellectual Property

  Sanofi won a U.S. appeals court ruling yesterday that revives a patent-infringement claim over generic versions of the allergy drug Allegra.

• Parties Split on Tracking Foreigners Who Remain in U.S.

  Updated 1 hour, 48 minutes ago

  Republicans in the House and Senate are insisting that a revision of immigration law include ways to prevent foreigners from staying in the U.S. on expired visas.

• S&P’s Assurances to Investors Not Mere Puffery, U.S. Says

  Standard & Poor’s assurances to investors that its credit ratings were free of conflicts of interest amounted to fraudulent representations rather than “mere puffery,” the Justice Department said.

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  U.S. Immigration Plan Encounters Business-Labor Rift

  Movement in the House and Senate on revising U.S. immigration law belies a long-running rift between business and labor that could derail the bill.

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