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Workers tow a fin whale up a ramp to a processing plant at the Hvalfjordur whaling station, about 70 km north of Reykjavik

Bruno Michel Iksil: White Whale, or Jonah?

Following Thursday's financial earthquake at JPMorgan Chase & Co., fingers are pointing to Bruno Michel Iksil, who recently boasted that he could walk on water -- suggesting the French trader's ego is as outsized as the nemesis in Melville's novel from which his nickname the White Whale originates. Whether or not Iksil's reputation will go from fearsome whale to Jonah after he's blamed for the storm and tossed overboard is not yet known.
Sony Disappoints Anew, Reports Billions in Annual, Q1 Losses

Japan's Trade Surplus Extends Decline

Japan?s current account surplus fell 8.6 percent in March compared to a year earlier, thanks largely to higher energy costs, the country?s Finance Ministry revealed Thursday. A stronger-than-desired yen is also weighing on export growth and it makes Japanese goods less competitive.
Japan's Toyota Motor Corp President Akio Toyoda speaks during a joint news conference with Salesforce.com Chief Executive Officer Marc Benioff in Tokyo May 23, 2011.

Toyota Quarterly Earnings Up 500%, Shares Soar Despite Hard Fiscal 2012

Toyota Motor Corporation (NYSE: TM) reported a 30 percent drop in income for its fiscal year ended March 31, but the company is nevertheless making headway down the road to recovery from last year's earthquake in Japan and floods in Thailand as income for January-March 2012 increased by a factor of five.
The Toyota logo is shown on the front of a Prius Hybrid vehicle during the first press preview day for the North American International Auto Show in Detroit

Toyota Profit Climbs Amid Improving US Market

Japanese automaker Toyota Motor Corp said Wednesday that its net profit for the three months ending March 31 surged five times compared to a year earlier as the car market picked up in the US.

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