WHAT THE OTHER PAPERS SAY THIS MORNING

first_img Show Comments ▼ KCS-content whatsapp by Taboolaby TaboolaSponsored LinksSponsored LinksPromoted LinksPromoted LinksYou May LikeMisterStoryWoman Files For Divorce After Seeing This Photo – Can You See Why?MisterStoryTotal PastThe Ingenious Reason There Are No Mosquitoes At Disney WorldTotal PastNoteabley25 Funny Notes Written By StrangersNoteableyMoneyPailShe Was A Star, Now She Works In ScottsdaleMoneyPailSerendipity TimesInside Coco Chanel’s Eerily Abandoned Mansion Frozen In TimeSerendipity TimesBrake For ItThe Most Worthless Cars Ever MadeBrake For ItBetterBe20 Stunning Female AthletesBetterBemoneycougar.comThis Proves The Osmonds Weren’t So Innocentmoneycougar.comMagellan TimesThis Is Why The Roy Rogers Museum Has Been Closed For GoodMagellan Times FINANCIAL TIMESBUSINESS CALLS FOR REVIEW OF CURBS ON MIGRANTSNew rules that restrict companies from hiring foreign workers must be “reviewed immediately”, the CBI employers’ body said, putting the business lobby on collision course with the government. The Home Office imposed a temporary limit on skilled workers coming to Britain from outside the European Union because of fears of a flood of applications ahead of the introduction of a permanent cap next year.US CHARGES HACKERS OVER BANK FRAUD SCHEMEUS prosecutors yesterday charged 70 people allegedly involved in a cybercrime scheme that used malicious software to steal more than $3m from dozens of bank accounts. On Wednesday, police in London arrested 19 people, 11 of whom were charged over an alleged Zeus attack that stole £6m from UK bank accounts.LOTUS AIMS TO REVIVE BOND CAR GLORY DAYSLotus wants to return to its “Bond car” glory days and take on Porsche with a plan to relaunch its brand and triple its production of luxury sports cars within five years. The legendary but perennially lossmaking British carmaker on Thursday unveiled five planned models and said its owner Proton had secured £500m to £800m to back a 10-year turnround.CABLE JOINS FIGHT AGAINST AIRCRAFT CARRIER CUTSVince Cable has intervened to stave off cuts to the aircraft carrier programme, echoing the fears of Liam Fox, the defence secretary, over the harm to Britain’s shipbuilding industry. The business secretary pressed the case for protecting the engineering skills base at a key meeting of the National Security Council. THE TIMESFISHER-PRICE TOYS RECALLED IN SAFETY ALERTMore than 70,000 Fisher-Price baby toys and high chairs sold in Britain have been recalled by the parent company Mattel as part of a worldwide effort in response to reports of children being choked, cut or bruised.High chairs, toys with inflatable balls and the Wheelies Stand ’n’ Play Rampway have been recalled in Britain.TIMES CAMPAIGN FORCES NPOWER TO PAY £70M FOR OVERBILLINGNpower, Britain’s fourth-largest domestic energy company, has agreed to pay £70m in compensation to 1.8m customers who were overcharged for gas. The victory comes at the end of a two-year campaign, championed by The Times Money section, to secure proper redress for customers.The Daily TelegraphFLEXIBLE WORKING RIGHTS DELAYED AS GOVERNMENT BOWS TO PRESSURE The Government has bowed to industry pressure on red tape by putting off a key coalition pledge on extending the right to request flexible working to all employees, according to campaigners. Employment relations minister Ed Davey yesterday announced plans to extend the right to request only to parents of children aged under 18 from next April.TAXMAN TOLD VAT IS NOT DUE ON MUSIC REVIEW CDSTax experts say European Court of Justice decision on a £3m VAT case brought by HM Revenue & Customs against EMI will mean that companies can claim for overpaid VAT and that UK laws on product samples and small value business gifts will be overhauled. Sample products should be free from VAT, the court has ruled.WALL STREET JOURNALHUNGARY’S FIDESZ SET FOR BIG WINRiding a surge in popularity after refusing to back down to the International Monetary Fund, Hungary’s governing Fidesz party is set to win a landslide victory in local elections Sunday. A second decisive win in six months would give the government the political strength it needs to make sweeping changes to the welfare and pension systems.YOUTUBE STRIKES DEAL WITH FRENCH MUSIC INDUSTRYSongwriters and composers will get paid when their videos are seen on YouTube in France, under a deal announced Thursday by the online video-sharing site and France’s leading music-industry group. The industry group SACEM called the deal difficult to reach but innovative, and a victory in its efforts to protect copyright and make money online. WHAT THE OTHER PAPERS SAY THIS MORNING center_img Share Thursday 30 September 2010 11:10 pm Tags: NULL More From Our Partners Astounding Fossil Discovery in California After Man Looks Closelygoodnewsnetwork.orgRussell Wilson, AOC among many voicing support for Naomi Osakacbsnews.comPolice Capture Elusive Tiger Poacher After 20 Years of Pursuing the Huntergoodnewsnetwork.orgA ProPublica investigation has caused outrage in the U.S. this weekvaluewalk.comNative American Tribe Gets Back Sacred Island Taken 160 Years Agogoodnewsnetwork.orgFlorida woman allegedly crashes children’s birthday party, rapes teennypost.comBrave 7-Year-old Boy Swims an Hour to Rescue His Dad and Little Sistergoodnewsnetwork.orgSidney Crosby, Alex Ovechkin are graying and frayingnypost.comInside Ashton Kutcher and Mila Kunis’ not-so-average farmhouse estatenypost.com whatsapplast_img read more

Profits at JP Morgan soar

first_img Profits at JP Morgan soar by Taboolaby TaboolaSponsored LinksSponsored LinksPromoted LinksPromoted LinksYou May LikeMisterStoryWoman Files For Divorce After Seeing This Photo – Can You See Why?MisterStoryTotal PastThe Ingenious Reason There Are No Mosquitoes At Disney WorldTotal PastMoneyPailShe Was Famous, Now She Works In {State}MoneyPailSerendipity TimesInside Coco Chanel’s Eerily Abandoned Mansion Frozen In TimeSerendipity TimesDrivepedia20 Of The Most Underrated Vintage CarsDrivepediaBetterBeDrones Capture Images No One Was Suppose to SeeBetterBeZen HeraldThe Truth About Why ’40s Actor John Wayne Didn’t Serve In WWII Has Come To LightZen Heraldautooverload.comDeclassified Vietnam War Photos The Public Wasn’t Meant To Seeautooverload.comDaily Finance StoriesChrissy Metz, 40, Shows Off Massive Weight Loss In Fierce New PhotoDaily Finance Stories whatsapp Share JP MORGAN beat expectations yesterday to post a 78 per cent jump in pre-tax profit, with investment banking revenues posting a dramatic recovery from a mediocre first-quarter last year.Overall pre-tax profits soared to $8.06bn (£4.95bn), with investment banking fees revenue up 23 per cent to $1.79bn.The investment bank recorded its second most profitable quarter ever, having had a particularly strong three months for M&A mandates.JP Morgan was appointed to advise AT&T on its $39bn purchase of T-Mobile USA and Duke Energy’s $26bn acquisition of Progress Energy. The deals put it at the top of Dealogic’s first-quarter league table for global market share in M&A.But the bank’s consumer business, with its hangover of struggling property exposure, is still a drag on profits. It announced that it will face a $650m pre-tax cost due to “foreclosure-related matters” due to an ongoing row over struggling mortgage-holders being wrongly evicted from their homes.Overall, the retail bank saw pre-tax earnings drop five per cent on the same period last year, coming in at $1.49bn. Retail income was hit particularly by a $937m net loss in mortgage and auto lending, although this was an improvement on last year’s first-quarter loss of $1.19bn.The bank’s real estate portfolio similarly remained in the red but saw a substantial improvement, going from $1.3bn to $162m in net losses. whatsappcenter_img Show Comments ▼ KCS-content Read This NextRicky Schroder Calls Foo Fighters’ Dave Grohl ‘Ignorant Punk’ forThe WrapCNN’s Brian Stelter Draws Criticism for Asking Jen Psaki: ‘What Does theThe WrapPink Floyd’s Roger Waters Denies Zuckerberg’s Request to Use Song in Ad:The WrapDid Donald Trump Wear His Pants Backwards? Kriss Kross Memes Have AlreadyThe Wrap2 HFPA Members Resign Citing a Culture of ‘Corruption and Verbal Abuse’The Wrap’Small Axe’: Behind the Music Everyone Grooved On in Steve McQueen’sThe WrapHarvey Weinstein to Be Extradited to California to Face Sexual AssaultThe Wrap’Black Widow’ First Reactions: ‘This Is Like the MCU’s Bond Movie’The Wrap’The View’: Meghan McCain Calls VP Kamala Harris a ‘Moron’ for BorderThe Wrap Wednesday 13 April 2011 8:49 pm Tags: NULLlast_img read more