U.S. News
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JPMorgan Chase & Co. Chief Executive Officer Jamie Dimon won more shareholder support this year than in 2012 to remain chairman, surviving a campaign to split the roles after a record trading loss at the biggest U.S. bank.
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The Standard & Poor’s 500 Index returned to a record as a Federal Reserve official said bond purchases should continue and Goldman Sachs Group Inc. forecast the stock rally will last at least through 2015. Treasuries rose and the yen pared earlier losses while grains and gold fell.
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Best Buy Co., the world’s largest consumer-electronics retailer, posted an $81 million first- quarter net loss as the company lowers prices to compete with online rivals.
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Sprint Nextel Corp. increased its bid for full control of its wireless-network partner Clearwire Corp., seeking to persuade shareholders to reject a competing proposal from Dish Network Corp.




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