One small Florida town is buzzing over its newest millionaire, reports NBC's Kerry Sanders.» Read More
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TAMPA, Florida, May 21- Jamie Dimon, chairman and chief executive of JPMorgan Chase& Co took an unusual step to fight off investors seeking more oversight of his activities- he hinted he might quit.
May 21- Florida's Miami-Dade County on Tuesday promised to spend $1.6 billion on fixes for its dilapidated, accident-prone sewer system in a deal meant to settle a lawsuit with federal and state environmental officials.
After weeks of near-constant coverage of the big decision- will JPMorgan Chase shareholders keep Jamie Dimon as chairman and CEO or relegate him to just CEO? -the verdict came at JPMorgan's annual meeting in Tampa, Florida.
TAMPA, Florida, May 21- Jamie Dimon, JPMorgan Chase& Co's outspoken chairman and chief executive, won a vote of confidence on Tuesday as shareholders decided to let him keep his chairman title by an even greater margin than last year. Three JPMorgan directors were re-elected by a slim majority, an unusual outcome.
TAMPA, Florida, May 21- JPMorgan Chase& Co's Jamie Dimon appears headed for a victory in a shareholder vote on whether he will keep his dual roles as chairman and chief executive of the largest U.S. bank, according to reports on Tuesday.
TAMPA, Florida, May 21- JPMorgan Chase& Co's Chairman and Chief Executive Jamie Dimon looks set to win a vote about whether he gets to keep his chairman title, the New York Times reported on Tuesday. A months-long and bitter shareholder campaign demanding more oversight of Dimon will end with JPMorgan's annual meeting on Tuesday.
TALLAHASSEE, Fla.-- So you have a lottery ticket worth $590.5 million. The Associated Press asked more than 20 personal financial advisers how the winner should proceed, and they agreed it's crucial to assemble a team of advisers who can be trusted.
The company said it now expects to post a 2013 profit of $1.45 to $1.65 per share, down from its previous projection of $1.80 to $2.10 per share. Before the opening bell, shares of Carnival Corp. fell $2.80 to $35.52.
As final ballots come in on a proposal to strip JPMorgan's Jamie Dimon of his chairman title, some worry about what will happen if dissident shareholders win.
One small Florida town is buzzing over its newest millionaire, reports NBC's Kerry Sanders.
*SEC warns municipalities not to gloss over financial health. When on May 6 the SEC charged the cash-strapped capital city of Pennsylvania, it effectively put officials across the country on notice that even political statements like annual state of the city addresses must not overstate financial conditions.
May 18- Texas has joined the crowd of Gulf of Mexico states to file suit against BP Plc, Halliburton Co and others for their role in one of the worst oil spills in U.S. history. Texas joins four other states that have sued BP and other companies in connection to the spill: Florida and Mississippi filed complaints last month, while Alabama and Louisiana did in 2010..
NEW YORK, May 17- Pension and endowment managers on Friday called on U.S. regulators to review the rules for shareholder voting after a firm collecting ballots for JPMorgan Chase& Co cut off the bank's opponents from polling information.
NEW YORK, May 17- Pension and endowment managers on Friday called on U.S. regulators to review the rules for shareholder voting after a firm collecting ballots for JPMorgan Chase& Co cut off polling information to the bank's opponents.
WASHINGTON, May 17- Unemployment rates dropped in 43 out of the 50 U.S. states and in the District of Columbia in April from a year before, according to Labor Department data released on Friday. A handful of states, including Illinois, Delaware, Indiana, Wisconsin, Mississippi and New Hampshire saw their jobless rates rise over the year.
*Longer path to citizenship than Senate measure. WASHINGTON, May 17- A bipartisan plan brokered in the House of Representatives will be tougher on illegal immigrants living in the United States than a Senate counterpart, congressional aides said on Friday.
NEW YORK, May 17- U.S. consumer sentiment rebounded in early May to the highest level in nearly six years, an encouraging sign after recent data that has suggested economic growth is cooling. We expect that this is going to be a very long and gradual recovery, "said Scott Brown, chief economist at Raymond James in St. Petersburg, Florida.
ATLANTA-- When Ed Buckner and his family went to a north Georgia state park to celebrate his son's birthday, he was surprised and concerned to find Bibles in the state-owned cabin he had rented.
RALEIGH, N.C.-- Former presidential contender John Edwards has reactivated his license to practice law and is setting out on the speaking circuit. The two-time presidential candidate and former North Carolina senator is scheduled to appear June 6 at a private retreat in Orlando, Fla., for lawyer clients of the marketing firm PMP.