By CHRISTOPHER S. RUGABER | Associated Press The International Monetary Fund is open to adjusting the terms of a Greek bailout and will send a team to Greece next week to meet with the new government. A spokesman says IMF officials will join officials from the European Commission and the […]
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EU leaders aim to reshape euro as crisis bites
By Richard Carter | AFP EU leaders began Thursday a two-day summit under intense pressure to overcome divisions on reshaping the eurozone and rescue the euro as turmoil battered top economies Spain and Italy. The 27 EU heads of state and government began their talks amid jittery financial markets and […]
Report: JPMorgan trading losses may reach $9B
Associated Press Shares of JPMorgan Chase & Co. tumbled Thursday as a published report said that the bank’s losses on a bad trade may reach as much as $9 billion  far higher than the estimated $2 billion loss disclosed last month. In May, JPMorgan said the loss came from […]
