JPMorgan's Dimon says end too big to fail
JPMorgan Chase & Co Chief Executive Jamie Dimon called the idea that any bank is too big to fail ethically bankrupt and said regulators should have the power to wind down even the largest lenders. Read Full Article here.
Consumer sentiment falls in November
U.S. consumer sentiment fell in early November to the weakest in three months amid grim expectations for job and income prospects, a survey showed on Friday. Read Full Article here.
IMF chief does not see double-dip U.S. recession
The head of the International Monetary Fund said on Friday the pace of the recovery in the U.S. economy remains sluggish but he does not believe there will be a double-dip recession. Read Full Article here.
Liberty Global pays $3 billion cash for Unitymedia
Liberty Global, the international cable operator controlled by John Malone, has agreed to buy Unitymedia from a private equity group for $3 billion in its first German acquisition. Read Full Article here.
J.C. Penney raises earnings view; shares up
U.S. department store operator J.C. Penney Co Inc forecast earnings for the holiday quarter that could surpass Wall Street expectations, and its shares rose 7.2 percent on Friday. Read Full Article here.
Dell to introduce smartphone based on Android
Dell Inc said on Friday it will sell smartphones equipped with Google Inc's Android mobile software, as the computer maker enters a market that is growing fast but crowded with competitors. Read Full Article here.