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JPM Will Likely lose 7.5 Billion On Botched Trades

JPMorgan’s chief investment office has lost $5.8 billion on the trades so far, and that figure may climb by $1.7 billion in a worst-case scenario, Dimon, the bank’s chairman and chief executive officer, said yesterday.

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Bath Salts Strike Again

The last of three consecutive Phish concerts at Saratoga Performing Arts Center ended with a naked woman stripping and plunging 25 feet from a light utility pole, authorities said. Read More

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S&P Posts Best Day This Year

 NEW YORK—The Standard & Poor’s 500-stock index posted its biggest daily gain of the year, an exclamation mark on stocks’ best June in more than a decade, as investors cheered European leaders’ progress on the region’s debt problems

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