Industry

JP Morgan Chase names CEO of mortgage banking

JPMorgan Chase has named Kevin Watters as the chief of its home loan business, reports Reuters. He’s relieving co-chief operating officer Frank Bisignano of his temporary assignment. Bisignano was assigned in part to help fix problems that stemmed from bad loans before housing prices collapsed. Read more. Watters’ appointment follows Monday’s announcement that the U.S. […]

By Wire services |December 19, 2012

1 min read

Don’t let your holiday party run wild

The holidays are (almost) upon us and with the festive season comes company parties. And while these gatherings are a great way to let loose after working hard all year, hosts should take some precautions. Profitguide.com provides these tips to ensure your company shindig is an epic night that leaves you smiling and safe. 1. […]

By Wire services |December 19, 2012

1 min read

Investors scale back on gun industry support

Investors are reconsidering their support of the gun industry.

By Wire services |December 19, 2012

2 min read

Apple analysts growing bearish

Some of Apple’s biggest fans are growing increasingly bearish, thanks to weak iPhone sales over the holidays and the threat of Google and Samsung products, says Bloomberg. Read: Apple escalates patent war against Samsung In fact, five analysts, including Citigroup, Pacific Crest Securities, Mizuho Securities USA, BMO Capital Markets and Canaccord Genuity, have cut their […]

By Wire services |December 18, 2012

1 min read