JPMorgan's Dimon survives shareholder referendum
TAMPA, Fla. (AP) -- Jamie Dimon, the CEO and chairman of JPMorgan Chase, easily survived a vote Tuesday that would have called on him to give up his role as chairman of the nation's largest bank. But shareholders sent a message that the bank needs better oversight by giving only narrow approval to three of the bank's board members....
Best Buy reports 1Q loss on restructuring costs
MINNEAPOLIS (AP) -- Best Buy Co. on Tuesday reported a loss for its fiscal first quarter as it sold its stake in Best Buy Europe and works on a turnaround plan that includes cutting costs and closing some stores....
Volkswagen to put special fuel caps on diesels
DETROIT (AP) -- Volkswagen is replacing the fuel tank covers on more than 200,000 of its diesel vehicles sold in the U.S. and Canada to remind owners to fill their tanks with diesel - not gasoline....
Housing recovery boosts Home Depot 1Q results
NEW YORK (AP) -- Home Depot Inc.'s first-quarter net income rose 18 percent, thanks to the ongoing housing recovery, despite a chilly and wet spring....
Merck to repurchase $5B in common stock
WHITEHOUSE STATION, N.J. (AP) -- Merck & Co Inc. said it will repurchase $5 billion worth of its common stock under an accelerated share repurchase agreement with Goldman Sachs & Co....
