JPMorgan’s Profit Soars Despite Downturn
By ERIC DASH
JP Morgan Chase’s $2.7 billion profit from stellar trading and investment banking results may put to rest worries that the bank was allowed to pay back the government too early.





Michael Jackson's sister La Toya has spoken out about her brother's death, claiming he was murdered. More
The world's largest sand sculpture festival begins in Belgium featuring a two metre tall tribute to recently deceased pop-star Michael Jackson.

At least five people are injured in Spain's annual San Fermin bull running festival.
Migaloo, the rare all-white humpback whale, was spotted swimming off the Queensland state on Wednesday as it migrated up the Australian coast. (July 1)
The police chief of a northeast Ohio township hasretired after a video became public showing him and a female office kissing and caressing in the front of a police cruiser while a prisoner was in the back seat. (July 2)
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Police standing guard in front of the damaged Ritz-Carlton hotel after an explosion in Jakarta on Friday. More Photos
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England v Australia LIVE: Flintoff plays
Michael Jackson's sister La Toya has
spoken out about her brother's death,
claiming he was murdered. More
In interviews with Sunday
newspapers, La Toya gave details
about the 50-year-old singer's
sudden death, drugs found in his
body and a stash of cash and
jewels that she claims have
gone missing.
She told the News of the World:
"We don't think just one person
was involved in the murder.
It was a conspiracy to get
Michael's money."
La Toya, 53, accused a "shadowy"
group of hangers-on of cutting
him off from his family and
friends and forcing him
to sign up for 50 concerts at
London's O2 arena.
They also fed him drugs and
saw him as a "cash cow",
she claimed.
"He was surrounded by a bad circle,"
she told the Mail on Sunday.
"Michael was a very meek,
quiet, loving person.
People took advantage of that.
"People fought to be close to him,
people who weren't always on
his side.
"Michael was worth more than
a billion dollars. When anyone is
worth that much money, there are
always greedy people around them."
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Was Michael Jackson Murdered?
Is Michael Jackson worth more dead
than alive to those who have a financial
interest in Michael Jackson?
Click here for the Michael Jackson Story..
from inlnews.com.
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JP Morgan Chase’s $2.7 billion profit from stellar trading and investment banking results may put to rest worries that the bank was allowed to pay back the government too early.
Fueled by an ambitious stimulus program, China’s economy grew by a surprisingly strong 7.9 percent.
Some of the rhetorical fire over the confirmation of Judge Sonia Sotomayor is aimed at President Obama’s next Supreme Court pick.
Republicans turned to politically fraught issues, but Judge Sotomayor’s composure remained intact.
The Times’s Richard A. Oppel Jr. will be answering questions from readers this week about the war in Afghanistan.
Prime Minister Gordon Brown has been accused of conducting the Afghan war without adequate financing.
At the movie theater in Nablus, where a $6
ticket is unaffordable to most West Bank
residents, a father asked permission to show the facility to his son.
Under the rule of the Fatah-dominated
Palestinian Authority led by Mahmoud Abbas, security and the economy have improved.
The nearly simultaneous explosions damaged the Marriott Hotel and the Ritz-Carlton Hotel in central Jakarta.
Police officers broke up the funeral procession
for Natalya Estemirova, the Chechen
rights worker, for marching without a permit.
Cities from San Antonio to Singapore are resuscitating waterways that once
lay buried under rivers of concrete.
The Iranian opposition leader Mir Hussein Moussavi on Friday will make his first appearance at an official event since the nation’s disputed presidential election.
Two radical Islamist groups made the agreement after a renegade militia marched two Frenchmen out of their hotel on Tuesday.
A reversed ban on speedboats and the financial crisis could lead to an explosion of human trafficking, experts say.
The U.S. secretaries of energy and commerce ended a visit to Beijing with an agreement seen as another incremental step to address China’s contribution to climate change.
The Chinese government referred to Australian questions about the detentions of four employees of the mining giant Rio Tinto as “noise” on Thursday.
An effort to bring a seemingly unyielding North Korea to heel over its nuclear weapons and ballistic missile programs.
In an open letter to the Obama administration Thursday, America’s Eastern European allies voiced deep concern over improved relations between Russia and the United States.
The casualties occurred when a United States patrol came under attack on Wednesday night and called in air support, villagers and local officials said.
Yousaf Raza Gilani, Pakistan’s prime minister, and Manmohan Singh, his Indian counterpart, agreed to share real-time intelligence.
Adm. Mike Mullen said Pakistan’s army was defeating Taliban militants in the Swat Valley and dealing effectively with displaced people.
The negotiator between both sides said that there had been several compromises, but the two sides were still far apart on the reinstatement of the ousted president.
Epidemiologists have pointed out that, in reality, millions have had swine flu, usually in a mild form, so numbers of laboratory-confirmed cases were actually meaningless.
Farm aid in Europe, which hands out the biggest subsidies in the world, goes to a wide array of industries only loosely related to crop production.