Archive for August 20, 2013

Is Nepotism Illegal? Three WSJ Updates

Written by Wall Street News on August 20th, 2013. Posted in Homepage

Wall street news paper

The Wall Street Journal is an iconic global newspaper that has been in print since 1889. With a circulation of about 2.4 million copies, it is the largest newspaper in the US. The newspaper has won the Pulitzer Prize for journalism an incredible 34 times. It is no surprise that the WSJ is a prime source of news for many people. What is the latest Wall Street news? Here are three top stories for this week.

1. Is Nepotism Illegal?

JPMorgan is being investigated by federal authorities after hiring children of Chinese officials in an effort to win business deals in China. So far, the bank has not been accused of wrongdoing. Evidence of the impact of hiring decisions is obvious, though, and the Wall Street news paper reports that the bank has been under fire recently for many questionabl