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JPMorgan Has $2B Trading Loss

JPMorgan Has $2B Trading Loss

JPMorgan Chase, the largest bank in the United States, said Thursday that it lost $2 billion in the past six weeks in a trading portfolio designed to hedge against risks the company takes with its own money.

Hudson Trial Jurors Continue Deliberations

Hudson Trial Jurors Continue Deliberations

The day’s top showbiz news and headlines including jurors continue to deliberate on Hudson murder trial, Carrie Underwood tops the Billboard charts, and Prince Charles turns weather forecaster.

Prosecution Rests In John Edwards Trial

Prosecution Rests In John Edwards Trial

Prosecutors rested their case against John Edwards on Thursday after calling to the witness stand some of his closest friends and advisers, many of whom gave dramatic, often unflattering testimony about the former presidential candidate.