Target's 1Q profits up 1.2 percent
NEW YORK (AP) -- Target Corp. raised its profit outlook Wednesday after reporting better-than-expected first-quarter results that were boosted by increased spending on food and cheap chic fashions....
News Summary: JPMorgan loss seen raising questions
BIG JPMORGAN LOSS CITED: A key House Republican says the $2 billion trading loss at JPMorgan Chase raises critical questions about how banks control risks. Republican lawmakers reject Democrats' calls for stricter oversight of Wall Street....
Price of oil still falling as supplies grow
NEW YORK (AP) -- The price of oil continues to decline on the expectation that world markets will be flush with extra supplies this year....
Greece gets caretaker PM until next vote in June
ATHENS, Greece (AP) -- A senior judge was sworn in Wednesday to head Greece's caretaker government for a month as the debt-crippled country lurches through a political crisis that threatens its membership in the 17-nation eurozone....