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Analysis: More U.S. shareholders call for independent chairmen

Embarrassed by a surprise billion trading loss last week, the chairman and chief executive of JPMorgan Chase & Co faced heightened criticism at the bank's annual meeting on Tuesday. That included 40 percent backing from shareholders for a resolution to strip Dimon of his chairmanship title, up from 34 percent in 2010.... Full story

LG Upgrades Flagship Smartphone To Revive Fortunes

South Korean handset maker LG Electronics Inc. has upgraded its flagship smartphone model with a faster chip and a longer battery life, hoping to regain ground lost to more nimble rivals. The Optimus LTE II smartphone, which costs 935,000 won (4) without subsidies, will be released by all three mobile carriers in South Korea this week. Park Jong-seok, president of LG's mobile business, ... Full story

USD/CAD – Next targets 1.0280

EUR/USD setback targets 1.2624 (2012 low). EUR/USD’s multi-month reversal pattern has extended its setback and, as anticipated, now targets 1.2624 (2012 swing low). However, the slide is still very overstretched and due some temporary unwinding over the next few sessions. Expect a potential ... FF All News Full story

SpaceX Dragon to Soar to Launch History on Falcon’s Wings

When the SpaceX Dragon capsule blasts off from Cape Canaveral Air Force Station atop the company's Falcon rocket Saturday morning, it will be doing more than just setting off on another cargo-laden trip to the International Space Station. Rather, as the very first commercial attempt ever to fly to the ISS, this test launch will ... Full story

VIDEO: Spain to send in auditors

The BBC's Aaron Heslehurst on why shares in Spanish banks have staged a small recovery. BBC News - Business Full story

RBA Rate Cut Squeezes AUD

Asian bourses have ended trading, hitting four-month lows as weaker US data added to rising worries over Europe. Commodities and their currency sensitive pairings are not immune to the surround sound of contagion fears. Gold has been able to dig itself out of Monday’s bear market trap, ending on a high, and in the black. The same cannot be said for the ... Full story
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VIDEO: Top tips for starting up a business in Greece

Panos Papadopoulos, co founder of software company Bugsense, gives his top tip for starting up a company in Greece BBC News - Business Full story

Mumbai Cricket Association bans Shah Rukh Khan from entering Wankhede stadium … – Economic Times

The HinduMumbai Cricket Association bans Shah Rukh Khan from entering Wankhede stadium ...Economic TimesMUMBAI: The Mumbai Cricket Association (MCA) decided on Friday to ban Shah Rukh Khan from entering Wankhede stadium ... Full story

US stocks edge lower on Europe worries

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Investor group seeks JPMorgan governance changes

NEW YORK, May 18 (Thomson Reuters Accelus) - A labor-backed investor group critical of JPMorgan Chase & Co's corporate governance said the bank has failed to address concerns over its risk oversight and it will try to rally other shareholders for changes after a billion trading loss.... Full story
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