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By Phil Flynn |
July 3, 2012
As the European embargo on Iranian oil takes effect, an Iranian lawmaker borrowing from none other than Thomas Jefferson, saying they have an unalienable right to nuclear technology
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By Zachary Mider, Bradley Olson, Jesse Drucker, and Todd White, Bloomberg |
July 2, 2012
Chesapeake Energy Corp. made $5.5 billion in pretax profits since its founding more than two decades ago. So far, the second-largest U.S. natural-gas producer has paid income taxes on almost none of it.
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By Ambereen Choudhury and Dawn Kopecki, Bloomberg |
June 28, 2012
JPMorgan Chase & Co. fell more than 6 percent in New York trading after the New York Times reported the lender’s losses from credit derivatives may total as much as $9 billion, exceeding the firm’s initial estimate.
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By Rick Green, Bloomberg |
June 12, 2012
Here’s a chronology of events leading to the disclosure and aftermath of JPMorgan's $2 billion 'hedging' loss.
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By Canaccord Genuity Morning Coffee |
May 18, 2012
JP Morgan’s trading losses have increased by at least 50% in recent days, topping the $3-billion mark according to sources close to the matter.
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By Noah Buhayar, Bloomberg |
May 16, 2012
Berkshire Hathaway Inc. disclosed stakes in General Motors Co. and Viacom Inc. as former hedge- fund managers Todd Combs and Ted Weschler built portfolios under Chairman Warren Buffett.
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By Canaccord Genuity Morning Coffee |
April 24, 2012
Shares of Wal-Mart fell on Monday amidst allegations that its management mishandled allegations of bribery in Mexico, failing to notify officials that it had closed its internal investigation.
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April 4, 2012
U.S. District Judge Jed Rakoff doesn’t shy away from high-profile fights.
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By Craig Torres and Jeff Kearns, Bloomberg |
March 29, 2012
Federal Reserve Chairman Ben S. Bernanke said financial stability is no longer a “junior partner” to monetary policy and central banks should try to defuse threats in the future.
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By Phil Flynn |
March 20, 2012
Cushing stocks have risen at a pace five times faster than last year even as regional refineries have processed significantly more crude oil.
