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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....
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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....
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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....
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Business Highlights
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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....
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