JPMorgan Chase & Co. will delay foreclosing on some properties in order to review affidavits that were signed by employees who didn’t verify related files, making the company at least the second bank in recent weeks to suspend …
CEO William Weldon will apologize to Congress for a series of product recalls over the past year. The company is also expected to resume shipments of children’s cold medication next week.
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American International Group’s board of directors is expected to vote Wednesday on a plan to exit the government’s bailout program, according to comments made by AIG Chairman Steve Miller during an investment conference.
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Nintendo slashed its forecast for the year, citing weak sales and stronger-than-expected appreciation of the Japanese yen. It also announced its new handheld 3-D video game console won’t be released until after the holiday seas…
FedEx, the world’s biggest air-cargo carrier, will boost shipping rates in January as it looks to offset the effects of rising fuel costs on its bottom line. The company will increase FedEx Express shipping rates for domestic a…