ThinkstockWhere was the board of J.P. Morgan Chase & Co. (NYSE: JPM) when risk management might have stopped the “London Whale” problem and other investment decisions the bank probably should not have…
Douglas A. McIntyre thinkstockThe Japanese government says the future image of the Boeing Co. (NYSE: BA) 787 is at risk as the U.S. government probes problems with the plane. (Reuters) Dell Inc. (NASDAQ: DELL) may…
Wikimedia CommonsFor all the problems that the “London Whale” incident cost J.P. Morgan Chase & Co. (NYSE: JPM) and the markets in general, the sanctions handed down by the Federal Reserve and…
Douglas A. McIntyre ThinkstockJ.P. Morgan Chase & Co. (NYSE: JPM) CEO Jamie Dimon’s problems with a trade in the bank’s London office that cause a $6 billion loss may be about to get worse. His…
Douglas A. McIntyre courtesy of Apple Inc.Each January, 24/7 Wall St. forecasts the publicly traded U.S. companies that will have the highest profits in the year ahead. This year, Apple almost certainly will keep first place,…
courtesy Airbus S.A.Falling European Factory Output Factory output across Europe continued to collapse in November, which will cause economists to extend the period during which they expect most nations in the region…
Douglas A. McIntyre Chicago Fed President Charles Evans says he expects gross domestic product to rise 2.5% this year. (Reuters) The U.S. government’s sale of shares in General Motors Co. (NYSE: GM) may help the…
Frank Golhen, via Wikimedia CommonsThis coming week is going to be the real opening of the floodgates when it comes to earnings season. 24/7 Wall St. has screened through dozens and dozens…
ThinkstockIn mid-December, the U.S. Securities and Exchange Commission approved a proposal by J.P. Morgan Chase & Co. (NYSE: JPM) to create an exchange traded fund backed by physical copper. Copper users and…
Paul Ausick ThinkstockIn an exclusive report from Reuters this morning, “people familiar with the situation” say that the Office of the Comptroller of the Currency (OCC) will end its investigation into certain practices at…
ThinkstockWells Fargo & Company (NYSE: WFC) is set to report earnings early on Friday morning. We voted this bank as the safest of the money-center banks before and that still stands. This…
ThinkstockCredit Suisse (NYSE: CS) downgraded its rating on Bank of America Corp. (NYSE: BAC) due to valuation after such a monumental rise. After all, the bank was the top-performing DJIA stock of…
courtesy J.C. Penney Co. Inc.Why are some companies hated? The answer often depends on who is asking. Corporations can anger their customers, fail their shareholders, and mistreat their employees. 24/7 Wall St.…
ThinkstockThe Office of the Comptroller of the Currency and the Federal Reserve announced this morning that the agencies have reached an agreement with 10 banks to settle enforcement actions related to “deficient…
ThinkstockA shrinking global economy took a heavy toll on producers of nonprecious metals in 2012. Prices for base and industrial metals like copper, iron ore, and aluminum fell sharply as demand nearly…
