Stocks fall; sentiment, J.P. Morgan disappoint
Date: Fri, 15 Jan 2010 12:00:59 -0500
STOCKS FALL; SENTIMENT, J.P. MORGAN DISAPPOINT
U.S. stocks succumb to selling, playing off consumer sentiment that
came in lower than expected and faltering investor confidence tied to
J.P. Morgan Chase and Intel following their earnings reports.
NBC KILLS JAY LENO SHOW, BUT CONAN'S FATE UNCLEAR
NBC has unveiled its post-Winter Olympics lineup, officially canceling
"The Jay Leno Show," but the network offered no comment on reports
that Conan O'Brien will leave the network as Leno reassumes his role
as host of "The Tonight Show."
WHY IS JEFF ZUCKER STILL RUNNING NBC?
The chaos surrounding Jay Leno and Conan O'Brien epitomizes NBC
Universal Chief Executive Jeff Zucker's mismanagement, writes Jon
Friedman.
FOX IS STILL THE BEST FIT FOR CONAN: ANALYST
Conan O'Brien is probably best suited for the youngest of the four
major broadcast networks, a media analyst says, even though some Fox
television affiliates have balked at the idea.
J.P. MORGAN PROFIT JUMPS BUT CHIEF IS 'CAUTIOUS'
J.P. Morgan Chase earns more than analysts expected in the quarter,
but its credit costs remain high, and it sets aside nearly $2 billion
to cover consumer-loan losses as 1in 10 American workers remains
unemployed.
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