News worthy

JPMorgan Chase & Co (NYSE:JPM - News) fell 0.6 percent to $37.42 after ProPublica, an investigative journalism website, said the Securities and Exchange Commission is investigating whether the bank adequately disclosed that a hedge fund helped select assets for a $1.1 billion package of subprime mortgages while also betting against portions of the deal.

UPS is raising fees 4% come January.

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