By
admin on April 16th, 2009
- General Growth Properties Inc., the second-biggest shopping mall owner, filed for Chapter 11 protection from creditors.
- JPMorgan, the largest U.S. bank by market value, posting a record of fixed-income trading revenue and saying it can repay U.S. rescue funds. JPMorgan climbed 2.3 percent.
- Americans filed claims for jobless benefits last week even as insured unemployment rose to the highest level in 26 years. Initial claims decreased by 53,000 to 610,000 in the week ended April 11.
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