  | | | Wall Street ends modestly lower; banks drop | | NEW YORK (Reuters) - Shares of U.S. banks slumped on Friday after JPMorgan Chase said it lost billions on bad trades, but the overall market ended only modestly lower, thanks to gains in technology shares. | | |  | | | Consumer sentiment at 4-year high in early May | | WASHINGTON/NEW YORK (Reuters) - U.S. consumer sentiment rose to its highest level in more than four years in early May as Americans were upbeat about the job market and buying plans improved, a survey showed on Friday, offering an encouraging sign for the economic recovery. | | | |  | | | JPMorgan $2 billion loss dents shares, Teflon image | | NEW YORK/LONDON (Reuters) - JPMorgan Chase & Co's shock trading loss of at least $2 billion from a failed hedging strategy knocked shares of the largest U.S. bank by assets down over 9 percent on Friday, along with the reputation of Chief Executive Jamie Dimon. | | | |  | | | Exclusive: Monster deal heats up, LinkedIn to pass: sources | | NEW YORK (Reuters) - LinkedIn Corp and private equity firm Silver Lake Partners are among a number of parties that have expressed interest in buying Internet jobs-search company Monster Worldwide Inc , people familiar with the matter said. | | | |  | | | Facebook's Zuckerberg says mobile first priority | | PALO ALTO, California (Reuters) - Facebook Inc CEO Mark Zuckerberg on Friday laid out his 2012 goals to investors on the Silicon Valley leg of his IPO roadshow, saying his first priority was improving the social network's mobile application. | | | |  | | | Producer prices drop, giving Fed more space | | WASHINGTON (Reuters) - Producer prices unexpectedly fell in April as energy costs dropped by the most in six months, a sign of easing inflation pressures that could give the Federal Reserve more room to help the economy should growth weaken. | | | |  | | | Chesapeake up against low-key activist Mason Hawkins | | NEW YORK (Reuters) - O. Mason Hawkins, whose $34 billion mutual fund firm is Chesapeake Energy Corp's largest shareholder, is best known as a Warren Buffett-style value investor who takes big stakes in companies and holds them, often for years. | | | |  | | | Corporate monitor may be in Wal-Mart's checkout lane | | WASHINGTON (Reuters) - Retail giant Wal-Mart Stores Inc, faced with allegations that its Mexican unit paid $24 million in bribes to accelerate its expansion, could be forced to hire an independent monitor to ensure future compliance with U.S. anti-corruption laws. | | | | | Analysis: Insurers find it tough to price fracking risk | | (Reuters) - From water worries to well blowouts, the inherent risks of oil and gas extraction are often played down by those in the business. But another group of profit-seekers has every reason to keep a close eye on dangers for drillers: their insurers. | | | |  |  | | | 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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