MARK LENNIHAN/The Associated Press
Can't-miss stories from the Web
JPMorgan bet against itself
A U.S. Senate committee is probing the sequence of events that resulted in different divisions of JPMorgan Chase ending up on different sides of the infamous "London Whale" trade, which cost the bank $6.2-billion in trading losses.
European Commission slaps oil sands
Despite intense lobbying from Canada, the EU executive will not abandon its proposal to brand "tar sands" oil as more carbon-intensive than conventional crude.
They're called cyclicals for a reason
Alberta's roller coaster budget situation has garnered a tip from CIBC chief economist Avery Shenfeld. Provinces should use hedging strategies to "smooth out the bumps" and lock in a range of prices for their resource revenues.
UPS, TNT deal blocked
EU antitrust regulators blocked a €5.2-billion ($7-billion) bid by United Parcel Service Inc. for TNT Express, denting the world's No. 1 package delivery company's hopes of expanding its presence in Asia and Latin America.
Kinder Morgan scoops Copano Energy
Kinder Morgan Energy Partners has agreed to buy natural gas services company Copano Energy in a deal worth $3.2-billion.
Someone needs to go to jail over Sarepta Theraputics
Kid Dynamite calls for the SEC to bring the hammer down on the perpetrators of the Citron/Sarepta hoax.
(Jody White is the Web Editor for Streetwise.)
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