2:54pm: The Senate hearing will focus JPMorgan's recent $2 billion trading loss, which Dimon announced earlier this month. More
Exxon Mobil reclaimed the top spot on the Fortune 500, pushing Wal-Mart to No. 2. See the full list of America's largest corporations. More
Meet 20 companies that made both the Fortune 500 and Best Companies to Work For lists this year.
Reputation aside, Facebook's bungled IPO turned out to be a very good trade for its investment bankers.
While Wall Street freaks out about an IPO it views as a disaster, the view of Facebook's rocky public debut is much sunnier in the tech trenches.
Facebook's share price is down about 15% from its IPO, which debuted on the Nasdaq one week ago.
These corporate giants managed to grow 60% or more last year.
Hewlett-Packard said it will cut 27,000 jobs across the globe to save on costs and reinvest in research in development.
Google won round two of its patent case against Oracle, as a jury found it did not infringe with Android.
Facebook's IPO was a mess from day one, with Nasdaq delays and trading issues. Now shareholders are suing and the stock has plunged.
Facebook stock rises 3.5% in morning trading, its first gain since Friday's market debut.
Three investors file class action action lawsuit againsr Facebook, its CEO Mark Zuckerberg and underwriters for allegedly withholding information about IPO.
With investors scared about worst-case scenarios in Europe, dividend stocks look like the safest place to be.
That may be a stretch. But as Facebook fizzles, Yahoo has $7.1 billion coming from Alibaba as new CEO Levinsohn inks deal to sell Asian assets. But analysts are unimpressed.
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