Patrick Murphy won his U.S. House seat last November by fewer than 2,000 votes. As he prepares to seek a second term, the Florida Democrat has boosted his fundraising to try to win re-election by a wider margin.
JPMorgan Chase & Co. should name an independent chairman and oust three directors, a shareholder advisory firm said, boosting pressure on the bank to overhaul its corporate governance after a $6.2 billion trading loss.
Invensys Plc, the engineering company whose takeover discussions with Emerson Electric Co. broke down last year, is becoming more palatable for acquirers after shedding its railroad division and reducing pension liabilities.
KKR & Co., the private-equity firm run by Henry Kravis and George Roberts, is in discussions with former Central Intelligence Agency Director David Petraeus about a role at the company, according to a person with knowledge of the talks.
Central banks’ efforts to bolster their economies by printing money will eventually lose momentum, putting more onus on governments to improve financial health, Honeywell International Inc. Chief Executive Officer Dave Cote said.
The euro will weaken against the dollar in the long term once the U.S. recovery strengthens enough for the Federal Reserve to stop pumping money into the economy, Honeywell International Inc. predicted.