Damon Ladd-Thomas

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Two charged in London Whale losses still in Europe

NEW YORK (MarketWatch) — The two former J.P. Morgan Chase & Co. traders charged in the “London Whale” losses remain in Europe, frustrating the U.S. …

How Argentina's Currency Crisis Will Hurt Brazil

On January 22, the Argentina peso, already one of the weakest currencies on the planet, went from 6 to one to the dollar to over 7 to one the next day. It’s now 8.01 to the dollar as foreign reserves dwindle, and another commodity-led economy struggles in Latin America.<p>The country’s rainy day fund, …

Yes, Chipotle Has a Show—And So Will a Lot of Your Favorite Brands

Chipotle doesn’t make commercials. At least, not the 30-second kind. The popular burrito chain is instead launching a new online comedy series about …

J. Crew's Clothes Actually Aren't Getting Cheaper

According to reports, J.Crew is about to get cheaper.<p>"For spring, you'll see our prices much more friendly this year," CEO Mickey Drexler said at an event covered by Women's Wear Daily. "We can't compete with designers."<p>J.Crew's prices have become more designer than middle-market. The company was …

Carney reveals bank risk to an independent Scotland

Nissan sales boom in China

Nissan's sales have hit an all-time high after Chinese consumers rediscovered their taste for Japanese cars.<p>The Japanese company said it had sold almost 460,000 cars and vans in December, 15% more than last year and an all-time record. The boom was in large part down to Chinese consumers, who drove …