JPMorgan to pay $500 million in Bear Stearns mortgage settlement: source

(Reuters) - JPMorgan Chase & Co (JPM.N) has agreed in principle to settle class action litigation arising from Bear Stearns' sale of $17.58 billion of mortgage securities that proved defective during the recent U.S. housing and financial crises.

Wal-Mart Yearly Meeting Follows a Narrow Script

FAYETTEVILLE, Ark. — There were two Wal-Marts on display at the company’s shareholder meeting on Friday: the one Wal-Mart presented, and the one some investors and activists were complaining about.