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Brian Rogers, manager of the T. Rowe Price Equity Income Fund in Baltimore, won't be voting the fund's shares in support of splitting the role of CEO and chairman at JPMorgan Chase & Co. Jamie Dimon has been CEO at JP Morgan since 2005 and became...
We're still legislating and regulating private morality, while at the same time ignoring the much larger crisis of public morality in America. In recent weeks, Republican state legislators have decided to thwart the Supreme Court's 1973 decision in...
Tribune Co. has hired two investment banks to manage offers to buy its newspapers, executives said Tuesday, adding that no decisions have been made about whether to sell any properties. JPMorgan Chase and Evercore Partners will oversee a process to...
Harford County officials raised nearly $115 million through two bond sales Tuesday to finance new and existing capital projects and to refinance previous bond issues. Officials with the county's Department of the Treasury received eight bids from...
Deatrice S. Besong says it feels like winning the lottery: Her mortgage servicer recently agreed to reduce her loan by $249,000 next year, saving her $300 a month and erasing the debt overhang that has her owing far more than her house is worth. "It's...
The last day of 2012 is the first of a new era for Tribune Co. After spending more than four years embroiled in a contentious Chapter 11 bankruptcy case, the reorganized Chicago-based media company will emerge Monday under new owners and a newly...
When Bank of America credit officer Dan Petrik and his team sat down in early 2007 to analyze Sam Zell's plan to take control of Tribune Co., their numbers showed that the complex deal failed to meet five of the bank's 10 lending guidelines. There was...
Harford County Public Schools will finance the third phase of its system wide energy improvements initiative through JPMorgan Chase Bank at an interest rate of less than 2.1 percent. The contract, which carries a lower interest rate than projected, was...
Somewhere in the third year of Tribune Co.'s marathon Chapter 11 proceeding, U.S. Bankruptcy Judge Kevin Carey looked out at a Delaware courtroom packed with high-priced attorneys and conceded the case had broken down into what he called a...
Tribune Tower was in crisis, and the illustrations of penguins installed in the building's ornate lobby were meant as a constant reminder. With Tribune Co. revenues sliding and managers struggling to adjust to an Internet revolution, executives in early...
Aside from the business suit he was wearing, which he joked was rented for the occasion, Sam Zell was never more himself than when he appeared at a New York lender conference in April 2007 to hawk his $8.2 billion buyout of Tribune Co. Slinging one-...
Just when you thought Wall Street couldn't sink any lower -- when its excesses are still causing hardship to millions of Americans and its myriad abuses of public trust have already spread a miasma of cynicism over the entire economic system -- an even...
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