Mitt Romney says he rejects efforts to use President Obama's former pastor, the Rev. Jeremiah Wright, in ads attacking the president, insisting the campaign should remain focused on the economy. "I repudiate the effort by that PAC to promote an ad strategy of the nature they've described," Romney told conservative radio host Hugh Hewitt in [...]

The trading losses suffered by JPMorgan Chase have surged in recent days, surpassing the bank's initial $2 billion estimate by at least $1 billion, according to people with knowledge of the losses.

A new round of financing values Pinterest — one of Silicon Valley's fastest growing startups — at $1.5 billion, up sharply from $200 million late last year, Wall Street Journal said.