JPMorgan directors raise Dimon’s pay after prior cut
NEW YORK (Reuters) – Jamie Dimon, chairman and chief executive of JPMorgan Chase & Co , got a 74 percent pay increase for 2013, when $20 billion of legal settlements weighed on the bank’s income.
Coca-Cola laptop theft could have compromised info for 74,000: WSJ
(Reuters) – Beverage maker Coca-Cola Co on Friday said company laptops had been stolen from its headquarters in Atlanta and could have compromised information of about 74,000 people, according to a report in The Wall Street Journal.
Wal-Mart’s cuts 2,300 jobs at Sam’s Club
(Reuters) – Wal-Mart Stores Inc said on Friday it had cut 2,300 jobs, or roughly 2 percent of the total workforce at its Sam’s Club retail warehouse chain, its biggest round of layoffs since 2010.
Emerging markets selloff picks up, drags down Europe, U.S
NEW YORK/LONDON (Reuters) – A full-scale flight from emerging markets accelerated on Friday, as investors sold shares in major markets and bought safe-haven assets such as U.S. Treasuries, the yen and gold.
Wal-Mart’s cuts 2,300 jobs at Sam’s Club
(Reuters) – Wal-Mart Stores Inc said it cut roughly 2 percent of total employees, or about 2,300 jobs, at its Sam’s Club retail warehouse chain on Friday, its biggest round of layoffs since 2010.
Boeing’s 787 production at record high, just misses deadline
SEATTLE (Reuters) – Boeing Co said on Friday it is producing its 787 Dreamliner at the highest ever rate of 10 per month, a milestone the company had hoped to achieve by the end of 2013.
Wall Street falls as emerging-market concerns rise
NEW YORK (Reuters) – Stocks dropped for a second day on Friday and the S&P 500 posted its worst week since June 2012 as a selloff in emerging market assets fed through to wholesale pullbacks in equities.
Former JPMorgan exec sued over $2 million Cantor Fitzgerald loan
NEW YORK (Reuters) – Irvin Goldman, who briefly oversaw risk at JPMorgan Chase & Co during the “London Whale” derivatives debacle, is being sued for non-payment of a $2 million loan he received while working for Cantor Fitzgerald & Co.
Insight: U.S. pensions’ funding gap closes, driving corporate profits
NEW YORK (Reuters) – Corporate America is rapidly healing one of the last wounds suffered in the 2008 financial crisis.
JPMorgan directors raise Dimon’s pay after prior cut
NEW YORK (Reuters) – Jamie Dimon, chairman and chief executive of JPMorgan Chase & Co , got a 74 percent pay increase for 2013, when $20 billion of legal settlements weighed on the bank’s income.
