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  • Dimon takes heat from JPMorgan investors

    By Tamara Lush and Pallavi Gogoi - Associated Press

    The embattled head of JPMorgan Chase offered a quick but blunt apology to shareholders Tuesday for a $2 billion trading loss that "should never have happened" and survived a push to strip him of the title of chairman of the board.

  • Strauss-Kahn countersues N.Y. hotel maid for $1 million

    By Jennifer Peltz - Associated Press

    Dominique Strauss-Kahn is suing the hotel housekeeper who accused him of sexually assaulting her, saying she seriously damaged his reputation with what he calls a bogus allegation.

  • GRAY: A promising EU offer Obama refuses to accept

    By C. Boyden Gray

    The European Union has endured decades of criticism for its overregulating and "under-risk-taking." Finally, responding to its frustrated business community and backed by every single member state, the EU is looking to regulatory reform to foster desperately needed economic growth.

  • Eurozone avoids recession as Germany powers ahead

    By David McHugh and Pan Pylas - Associated Press

    Germany prevented the economy of the 17 countries that use the euro from falling into a recession in the first quarter of the year despite a raging debt crisis that's raising the specter of the breakup of the currency union.

  • U.S. stocks waver; euro dives on Greece turmoil

    By Daniel Wagner - Associated Press

    Stronger news about the U.S. economy stilled the ripples from Europe's latest political impasse Tuesday, pushing U.S. stocks between modest gains and losses.

  • Poll: Half of Americans call Facebook a fad

    By Tali Arbel - Associated Press

    Half of Americans think Facebook is a passing fad, according to the results of a new Associated Press-CNBC poll. And, in the run-up to the social network's initial public offering of stock, half of Americans also say the social network's expected asking price is too high.

  • Consumer prices flat as gas costs fall

    By Christopher S. Rugaber - Associated Press

    U.S. consumer prices were flat last month as cheaper gas offset modest increases for food, clothing and housing. The data indicate that inflation remains in check.

  • JPMorgan CEO Dimon survives votes on pay, chairmanship

    By Pallavi Gogoi and Tamara Lush - Associated Press

    The CEO of JPMorgan Chase survived a shareholder push Tuesday to strip him of the title of chairman of the board, five days after he disclosed a $2 billion trading loss by the bank.

  • How will JPMorgan's $2B loss affect banking rules?

    By Daniel Wagner - Associated Press

    The $2 billion trading loss at JPMorgan Chase has renewed calls for stricter oversight of Wall Street banks. Two years after Congress passed an overhaul of financial rules, many of those changes have yet to be finalized.

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