Bloomberg JPMorgan Chase & Co. said fourth-quarter profit rose 24 percent as the biggest U.S. bank set aside less money for bad loans and bond-trading revenue increased more than analysts estimated. Earnings benefited from better credit quality among U.S. consumers and corporations, allowing the bank to pull about $400 million from bad-loan reserves in the mortgage, energy and metals ...

  Bloomberg This is so much more than a parting shot. With a week to go before Donald Trump becomes president, the Obama administration has unleashed a final, multiprong effort on enforcement and regulation in the automotive industry, with Fiat Chrysler Automobiles NV now at the fore. On Friday alone, the US Environmental Protection Agency rejected automakers’ bid to weaken ...

  Bloomberg The auto show in Detroit this week is stuffed with cars. Not 6,000-pound SUVs or spacecraft-hauling pickup trucks, but regular old sedans and coupes—spinning on the industry’s greatest stage like so many boring vanilla cakes. Of the 20 or so new models unveiled at the North American International Auto Show, about half were low to the ground. Granted, ...