Metro-East News

Daily business briefing: JP Morgan Chase & Co. reports 11 percent profit

JPMorgan Chase & Co. is reporting a first-quarter profit of $5.45 billion, an 11 percent increase over the $4.89 billion profit recorded a year ago. Read more here.

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Wells Fargo has witnessed a declined in first-quarter earnings. Learn more here.

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First-quarter profit at Johnson & Johnson fell 8.6 percent. Find out more here.

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In Europe, Ford’s sales increased by 12.5 percent during the first three months of the year. The auto maker recorded more than 335,000 sales during the first quarter. For more information, read here.

-Will Buss, BND business writer

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