JPMorgan names retail finance executive Lake as new CFO
(Reuters) – JPMorgan Chase & Co on Monday named Marianne Lake, currently financial chief of its retail banking unit, to be chief financial officer, elevating a little-known executive to the senior ranks of the largest U.S. bank. Lake, 43, will replace Doug Braunstein as CFO early next year, becoming one of the highest-ranking women on Wall Street, along with others such as Ruth Porat, the chief financial officer of Morgan Stanley . Lake will answer directly to Dimon in her new job, reestablishing a reporting line for the job that Dimon had taken from Braunstein in July. …
Colombia cool to rebel-announced cease-fire
Colombia's main rebel group announced a unilateral cease-fire on Monday as it began much-anticipated peace talks, but the Bogota government responded that it would continue military operations.
Church of England faces close vote on women bishops
LONDON (Reuters) – The Church of England decides on Tuesday whether to allow the ordination of women bishops when members take part in an historic vo te whose result could prove the first major test for the next archbishop. Women already serve as Anglican bishops in Australia, New Zealand, Canada and the United States, but the Church of England, mother church for the world's 80 million Anglicans, has struggled to reconcile the dispute between reformers and traditionalists on whether to allow them in England. …
Israel, Hamas present truce ideas to Egypt, but threaten to escalate if talks fail
Israel and Gaza’s Hamas rulers traded fire and tough cease-fire proposals Monday, and threatened to escalate their border conflict if diplomacy fails. No deal appeared near.
Date for Randall Hopley dangerous offender hearing delayed again
CRANBROOK, B.C. – It will be many more weeks before the public learns whether the man who abducted little Kienan Hebert from his home and then returned him days later will be given an indefinite prison sentence.
Toronto Argonauts have shown resilience in march to 100th Grey Cup contest
MISSISSAUGA, Ont. – Scott Milanovich’s gameplan for Sunday’s Grey Cup remains a work in progress, but it won’t involve the Toronto Argonauts following the same dangerous path that they took to get to the CFL title game.
Sudan denies delaying south's oil exports
KHARTOUM/JUBA (Reuters) – Sudan and South Sudan have not yet agreed on how to demilitarize their border – a condition for resuming oil flows, Khartoum said on Monday, but denied it was deliberately delaying the economically vital trade. Newspaper reports about a possible oil export delay knocked the Sudanese pound to a historic low against the dollar, illustrating the importance for both countries of getting oil from landlocked South Sudan’s fields via the north for export. …
Israel, Hamas trade fire and tough truce proposals
Israel and Gaza's Hamas rulers traded fire and tough cease-fire proposals Monday, and threatened to escalate their border conflict if diplomacy fails. No deal appeared near.
U.N. court ruling expands Nicaragua's offshore rights
THE HAGUE (Reuters) – The International Court of Justice ruled on Monday that a cluster of disputed small islands in the western Caribbean belonged to Colombia and not to Nicaragua, but drew a demarcation line in favor of Nicaragua in t he nearby waters. The court said the territorial waters extending out from the seven islets, which are nearer Nicaragua's coast than Colombia's, should not cut into Nicaragua's continental shelf. The ruling reduced the expanse of ocean belonging to Colombia. …
French conservatives pick leader with 98-vote edge
Former French President Nicolas Sarkozy's conservatives chose a right-leaning new leader on Monday in a razor-thin victory -- 98 votes -- and with so much rancor that some feared the party could break apart.
Harper warns of unforeseen consequences if U.S. fails to avoid fiscal cliff
OTTAWA – Prime Minister Stephen Harper says if President Barack Obama and U.S. lawmakers can’t find a solution to the looming fiscal cliff it could spark other unforeseen economic woes.
For the first time, visitors to Civil Rights Museum can visit balcony where MLK was shot
MEMPHIS, Tenn. – The balcony where Martin Luther King Jr. was assassinated in Memphis is now open for visitors for the first time since the National Civil Rights Museum opened in 1991.
U.S., southeast Asian nations start trade initiative
WASHINGTON (R euters) – President Barack Obama and southeast Asian leaders launched an initiative aimed at expanding trade and investment ties between the United States and 10 countries in southeast Asia, the White House said on Monday. The countries announced the start of the process at a meeting of the Association of Southeast Asian Nations, or ASEAN, in Cambodia, where Obama is visiting Phnom Penh for a regional summit. Actions outlined in the initiative – the U.S. …
Monday, November 19, 2012
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