J.P. Morgan Under Regulatory Fire

A year ago, James Dimon was the king of Wall Street. Now, the chairman and chief executive of J.P. Morgan Chase is grappling with a thicket of problems that threaten to hamstring the nation's largest bank for years.

SEC Weighs Curbs on 'Prime' Funds

U.S. securities regulators are considering a scaled-back approach that would tighten rules for about half of the money-market-mutual fund sector seen as most vulnerable to investor runs.

A Shelter From Puerto Rico's Storm

The island's sales-tax bonds offer investors higher yields and a dedicated line of payment amid Puerto Rico's fiscal uncertainty.

Flaws Cited in Foreclosure Review

A federal watchdog is faulting U.S. bank regulators for a flawed review of foreclosure documents, saying the agencies didn't establish consistent procedures or adequately monitor the consulting firms performing the work.

China to Pass U.S. as Top Oil Importer

With the North American shale boom reducing U.S. import needs, China is expected to be the world's largest oil importer by 2014, the Organization of the Petroleum Exporting Countries said.

Moleskine Falls in Milan IPO

The listing was the first initial public offering on the Milan bourse in almost a year.

Ex-Goldman Trader Pleads Guilty in Fraud Probe

A former Goldman Sachs trader pleaded guilty to one count of wire fraud after he was accused last year by securities regulators of concealing a $8.3 billion futures position.

Lululemon's Product Chief to Exit

Lululemon's chief product officer will leave the company as the clothing retailer addresses quality problems with some of its yoga pants.

Brazilian Bank Sets $6 Billion IPO for Unit

Banco do Brasil said it planned to raise as much as $6 billion from the spinoff of its insurance unit, in what would be the world's largest IPO so far this year.

Barclays Report Cites Failings Leading to Scandal

Excessive pay, insufficient boardroom oversight and the lack of a cohesive corporate culture at Barclays laid the groundwork for it to stumble into a series of scandals in recent years, according to a report.

Cardinals to Buy Minor League Team

An investor group led by the St. Louis Cardinals is in advanced talks to acquire the Memphis Redbirds from a nonprofit group that controls the minor league baseball team.

Monsanto's Profit Rises 22%

Monsanto reported a 22% rise in quarterly earnings on increased sales of corn seed and herbicide.

States' Interest-Rate Probe Widens

Thirty state attorneys general are investigating alleged interest-rate rigging by banks that set Libor, and the probe isn't slowing despite a U.S. judge's ruling last week in favor of the banks in private lawsuits.

Cyprus, IMF Reach Bailout Agreement

Cyprus and the International Monetary Fund reached an agreement for a €1 billion ($1.28 billion) lifeline that will supplement €9 billion in aid the island will get from its euro-zone partners.

Officials Call for Bold BOJ Easing

With the Bank of Japan now in a potentially historic policy meeting under new leadership, government officials said Wednesday it should act without worrying about the financial risks of buying longer-term assets.

Retailer Explores Sale of Juicy, Lucky

The company once known as Liz Claiborne has whittled itself down to a third of its former self. Now it is exploring the sale of Lucky Brand and Juicy Couture.

Disney Shuts Lucas Videogames

Disney is shutting down LucasArts, the once-pioneering videogame unit of George Lucas's "Star Wars" empire.

New Divorce Fight for SAC's Cohen

A U.S. appeals court partially reinstated a lawsuit against hedge-fund manager Steven A. Cohen by his ex-wife, ruling that a lower court erred when it threw out her fraud claims.

TD Bank Faces Loss of Luster

TD Bank bills itself as America's Most Convenient Bank, but its profitability has lagged behind that of many of its peers, and the company's once-sterling reputation for customer service has declined since the 2008 purchase of Commerce.

Dow Sheds 111 Points

Stocks sold off on the heels of a pair of disappointing readings on U.S. growth.