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WASHINGTON (Reuters) - The White House, following a trading loss of more than $2 billion by JPMorgan, wants to ensure a tough interpretation of a regulation aimed at preventing banks from making bets with their own money, The Wall Street Journal reported on Wednesday. Citing people familiar with the matter, the report said White House officials have stepped up talks with the Treasury Department in the several days since the staggering loss was disclosed by the bank. The discussions, according to the report, represent the first tangible political impact from the trading debacle. ...
 The famous skyline is etched with distinctive buildings. The downtown boasts a vibrant cultural district. And the stunning lakefront and art-filled parks attract thousands of visitors every day.
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(Reuters) - Toronto Blue Jays third basemen Brett Lawrie was suspended four games and fined an undisclosed amount for his aggressive actions toward an umpire in Tuesday's game, Major League Baseball said on Wednesday.
 Arbitrator Shyam Das has finished hearing arguments from NFL and players' union lawyers on whether Commissioner Roger Goodell can discipline players for actions that occurred before the league's current labor agreement was signed last August.
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TOKYO (Reuters) - Japan's economy rebounded in January-March from a lull in the previous quarter, shaking off the pain of a strong yen and Europe's debt crisis on solid consumer spending and rebuilding from last year's earthquake. KEY POINTS: - Gross domestic product (GDP) expanded 1.0 percent in January-March from the previous quarter after a revised 0.0 percent result for October-December last year. The increase compared with a median market forecast of a 0.9 percent rise. - On an annualized basis, GDP rose 4.1 percent, bigger than a 3.5 percent increase expected by economists. ...
 DETROIT (Reuters) - Major automakers will launch new models through 2016 in the United States at a faster pace than in the last two decades, according to a Bank of America Merrill Lynch report. New models draw more traffic to showrooms, which can boost a company's market share, profit and stock price. Automakers are expanding their lineups to better compete in the growing U.S. auto market after a "lull" during the economic downturn, the annual report said. ...
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Green Bee Service
