  | | | Wall Street ends worst two weeks since November | | NEW YORK (Reuters) - U.S. stocks closed their worst two-week slide since November with a selloff on Friday as disappointing China growth data sparked worries the global recovery was flagging. | | |  | | | JPMorgan gets boost from better economy, trading | | (Reuters) - An uptick in trading and dealmaking lifted JPMorgan Chase & Co's first-quarter profits out of the funk of late 2011, but the recovery fell short of the good times the largest U.S. bank enjoyed a year ago. | | | |  | | | Inflation outpaces earnings, threatens spending | | WASHINGTON (Reuters) - Consumer prices rose modestly in March amid signs a spike in gasoline costs was ebbing, but inflation still outpaced workers' earnings and threatened to undermine spending. | | | |  | | | Murdoch's Times faces email hacking damages claim | | LONDON (Reuters) - Rupert Murdoch's Times of London is facing a claim for exemplary damages after admitting hacking into the email of an anonymous police blogger to expose his identity, lawyer Mark Lewis told Reuters on Friday. | | | |  | | | Goldman Sachs CEO gets $16.2 million pay package | | (Reuters) - Goldman Sachs Group Inc Chief Executive Lloyd Blankfein's compensation increased 14.5 percent to $16.2 million in 2011 despite a sharp decline in profits and share price during the year, leaving the bank open to more attacks on its pay policies. | | | | | U.S. sees long-term profit on financial rescue | | WASHINGTON (Reuters) - The U.S. Treasury Department said on Friday that the many programs that it, the Federal Reserve and banking authorities implemented during the darkest hours of the 2007-2009 financial crisis likely will end up making a profit for taxpayers. | | | |  | | | Wells Fargo profit rises, but expense concerns weigh | | (Reuters) - A surge in mortgage banking income helped lift Wells Fargo & Co's first-quarter profit by 13 percent, but its shares fell on concerns that the bank is falling behind on its drive to cut expenses. | | | | | P&G raising dividend by 7 percent | | (Reuters) - Procter & Gamble Co said on Friday it will raise its quarterly dividend by 7 percent, after raising it 9 percent a year ago. | | | |  |  | | | A daily digest of breaking business news, coverage of the US economy, major corporate news and the financial markets. Register Today | | |  | |  | | | The latest Reuters articles on M&A, IPOs, private equity, hedge funds and regulatory updates delivered to your inbox each day. Register Today | | | | | | » MORE NEWSLETTERS | |
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