Perhaps it's a sign of the fear gripping Detroit's automotive industry: Registrations for this year's big annual auto industry shindig in Traverse City Aug. 11-15 are running 22% ahead of last year at this time.
"In times of stress, people want to...
HONG KONG -- Sovereign-wealth funds have become the finance world's new investment power, and J.P. Morgan Chase & Co. is joining the ranks of Wall Street banks trying to cater to them.
J.P. Morgan has tapped John Moore, formerly Bear Stearns...
BJ's Wholesale Club has edged higher this morning following an upgraded at J.P. Morgan from "neutral" to "overweight." A J.P. Morgan analyst said the warehouse club operator has made improvements in converting free-trial customers to paid-trial...
Jackie Pons, the affable superintendent of the Leon County school district in Tallahassee, Florida, was worried about his $30 million. One Wednesday last November, he got on a conference call with Florida officials and financial advisers...
Dennis Weatherstone, who helped usher in a new era of banking during the early 1990s as chairman and chief executive at J. P. Morgan, died Friday near his home in Darien, Conn. He was 77.
The cause was cancer, said Brian Marchiony, a spokesman...
Background
John Pierpont Morgan (April 17, 1837 – March 31, 1913) was an American financier, banker, philanthropist, and art collector who dominated corporate finance and industrial consolidation during his time. In 1892 Morgan arranged the merger of Edison General Electric and Thompson-Houston Electric Company to form General Electric. After financing the creation of the Federal Steel Company he merged the Carnegie Steel Company and several other steel and iron businesses to form the United States Steel Corporation in 1901. He bequeathed much of his large art collection to the Metropolitan Museum of Art in New York City and to the Wadsworth Atheneum of Hartford, Connecticut. He died in Rome, Italy, in 1913 at the age of 75, leaving his fortune and business to his son, John Pierpont ("Jack") Morgan, Jr.
Timeline
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2 days ago from Nashua Telegraph