WASHINGTON (Reuters) - JPMorgan Chase & Co Chief Executive Jamie Dimon insisted his bank was upfront with investors about its recent multibillion-dollar trading loss, as regulators examine whether JPMorgan hid a dramatic rise in risk-taking.


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WASHINGTON (Reuters) - With economic storm clouds gathering abroad and signs the U.S. recovery is flagging, the Federal Reserve may feel compelled on Wednesday to launch a new round of monetary stimulus.


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MELBOURNE (Reuters) - Rupert Murdoch's News Corp announced sweeping changes in Australia on Wednesday, including job cuts and shrinking the number of its divisions from 19 to five, the latest local media group to restructure in the face of declining ad sales.


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MUMBAI (Reuters) - Lenders to India's Hotel Leela, a 5-star chain that is more than two months behind in payments on $700 million of debt, are likely to bite the bullet and amend the loan terms rather than declare it in default, say bankers involved in the talks.


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