we start the road map with j.p. morgan and restating their first quarter results in a number, 4.4 billion pretax for the trading loss and ceo jamie dimon put the whale issue behind the company. david has been on the call and has the latest. that continues by the way and the sixth straight day of losses as well talking about something continuing for the markets. may come to an end thanks in part to china gdp and keeps hopes of further stimulus alive and italy a two-notch down grade from moody s over night. and speculation about an amazon smartphone intense fiez. one analyst says don t bother given the costs and tough competition from apple. more on that in a bit. for the second quarter, of course, j.p. morgan chase earned $1.21 a share. a lot of items in there. it did compare to estimates far lower than that and pegging the london whale trading loss for the quarter, the second quarter at $4.4 billion at $1.6 billion first quarter loss to that as well. jamie dimon says th
you see why essentially the republican race for the white house ended today. steve, what happens to delegates committed to santorum now? that s a good question. i don t know what the actual delegate rules are. but we know that he never would have made it. the way it works at the convention, they cast their votes, then they re free. i don t think it has a whole lot of bearing on exactly what they do in their first ballot. jim, it looks like mitt romney, it will be a lot easier for him now, is going to finally get those 11,044 sometime in june. we are also following breaking news involving george zimmerman. he s the florida neighborhood watch volunteer accused of shooting trayvon martin. zimmerman s attorney, craig sonner, just announced he has withdrawn from the case because they have lost contact with zimmerman. we ve also learned that zimmerman contacted the special prosecutor who will decide on charges against the advice of his lawyer. this development comes as we are
across iowa out of a truck. all but ignored in debates. teased about his sweater vests. but rick santorum won iowa. and ten more states. most in the south. emerging as the conservative alternative to mitt romney. miracle after miracle, this race was as improbable as any race that you will ever see for president. i want to thank god for that. reporter: but romney beat santorum in must-win midwest battlegrounds. michigan, ohio, illinois, wisconsin. he had many more delegates and more money. in a statement, romney called santorum able and worthy. they spoke. romney hoping for a santorum endorsement. newt gingrich says he won t quit. rick has to do what he thinks is appropriate in his circumstance. reporter: president obama in florida today was already focusing his campaign more intensely on mitt romney. demanding the wealthy like romney pay higher taxes. you re bringing in a million bucks or more a year, then what the rule says is you should pay the same percentage of
around the time he was scheduled to arrive, an afghan national stole a vehicle and drove it on to the runway. the car crashed into a ditch. the driver later died. nato says panetta was never in danger. myanmar state television broadcast a campaign speech by pro democracy lead yee yeer ann sue chi. she called for reforms and media freedom, but they say some criticisms of the ruling punta were censored. the broadcast marks the first time myanmar s government has aired a speech by su chi. world business today starts right now. good morning. from cnn london, i m nina dos santos. and welcome to world business today. the top stories this thursday, march 15th. and also great for britain. they become the latest ratings count agency to issue the country a warning. and expert steven roach joins us with his outlook. and goldman sachs executive s high-profile exit knocks millions off of the bank s share price as he lambasts a toxic and destructive culture. first up, br
adele at the awards adele did. do you think that s pertinent? i think hp is you think it s been two and a half years. he was going to spin off pcs. my whole question, does meg whitman know how to run hewlett-packard? ebay doesn t seem any closer to knowing what to do. he was a manufacturing guy. i wouldn t know how to run it. i wouldn t know where to start. i don t know whether she has the vision for what hp is going to be down the road. you see what her initiatives are. sounds like mark hurd again. i think you need to join faber for that? i never did a documentary on ebay. that s getting a lot of mileage out of that documentary that was done about ten years ago, but he s got it s a good interview. my favorite story is the china story. this morning in the journal. i love this. the world bank? yeah. and it s from em in china, too, that this new group of young leaders coming along, they re going to need to reboot the way things work there. my