An analyst said that if JPMorgan Chase & Co would have broken up into its four core businesses, it would be 30% more valuable to its shareholders.
People
Microsoft CEO wealth totals USD786 million as Ballmer retires
Microsoft CEO Steve Ballmer would sit as the second biggest shareholder in Microsoft, after co-founder Bill Gates, after his retirement to follow in the next 12 months.
NR Narayana Murthy's son sits as Infosys vice president
Rohan Murthy, son of NR Narayana Murthy, was appointed vice president of Infosys, said people who have direct knowledge regarding the development in the company.
Levine says backups not enough in stocks
Inventor John Levine of Nasdaq's exchanges systems said that the stock markets needed to be designed properly following the system breakdown yesterday which halted trading for three hours.
Student killed by three 'bored' teens
Christopher Lane, a student on a baseball scholarship in Oklahoma, was shot and killed while jogging by three 'bored' teenagers.
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Ex-SAC Capital fund manager Mathew Martoma was charged with insider trading after having received tips from a source identified as "Doctor-2".
Rosneft CEO Igor Sechin bought company shares amounting to USD 5.5 million. The Chief Executive Officer of Rosneft acquired company shares worth USD 5.
Fresh from the film success of "Man of Steel", Warner Bros has been bankrolling a 2015 production of another Superman sequel with Ben Affleck cast as Batman.
Billionaire Carl Icahn announced on Twitter that he had set dinner with Apple CEO Tim Cook to discuss plans for the company's buyback program.
Koch Industries confirmed in an email to BBC about a Daily Caller report of the company backing out on a bid for Tribune Co.'s publications, including Los Angeles Times and Chicago Tribune.
India's richest man Mukesh Ambani lost a total of 24% of his wealth after the valuation of the rupee decreased.
Facebook CEO Mark Zuckerberg would lead a project focused on making web access affordable for the 5 billion individuals worldwide who are not online yet.
Today Fibra Inn said that it had acquired Hotel Camino Real Guanajuato over a deal valued MXN230 million.
Activist investor William Ackman admitted that he made mistakes on all three retailers that included J.C. Penney, Target and Borders Group.
