CSBJ Daily

The Associated Press
J.P. Morgan Chase reported a 53 percent profit decline today as defaults rose in mortgages and other loans, but the bank’s results were better than the market anticipated.
The bank’s shares gained about 5 percent in pre-market trading. On the heels of Wells Fargo & Co.’s stronger-than-expected results released Wednesday, investors […]

The Associated Press
CHARLOTTE, N.C. – Securities regulators from several U.S. states have raided the St. Louis headquarters of Wachovia Securities, which is part of the Charlotte-based bank, Wachovia Corp.

The move, made today, is part of a broad investigation into questionable practices involving auction rate securities, Missouri officials said.
Calls to a Wachovia spokeswoman were not immediately […]

Zerbe Jewlers, a downtown fixture since 1972, is moving to 210 N.Tejon Street, the former location of the Chinook Bookstore.

Terre Verde owner Chris Sonderman bought the Chinook space and divided it into two retail locations. About six months ago, Title Nine moved into one of the locations. Now, after nearly three years of vacancy, the […]