Morning Digest: Analysis: JPMorgan dips into cookie jar to offset "London Whale" losses

Click to View in Browser 05/29/2012 Analysis: JPMorgan dips into cookie jar to offset "London Whale" losses NEW YORK (Reuters) - JPMorgan Chase & Co has sold an estimated $25 billion of profitable securities in an effort to prop up earnings after suffering trading losses tied to the bank's now-infamous "London Whale," compounding the cost of those trades.. U.N. envoy Annan meets Syria's Assad BEIRUT (Reuters) - Syrian President Bashar al-Assad met peace envoy Kofi Annan on Tuesday, the state news agency SANA said, amid an outcry over a massacre of civilians that U.N. observers attributed at least partly to the army but the government blamed on Islamist militants.. Stock futures signal higher Wall Street open LONDON (Reuters) - Stock index futures pointed to a higher open on Wall Street on Tuesday following a long market holiday weekend, with futures for the S&P 500, the Dow Jones and the Nasdaq 100 rising 0.8 to 1 percent.. Justin Bieber accused of battering man taking photos LOS ANGELES (Reuters) - Los Angeles County sheriff's deputies are investigating a complaint that Canadian pop sensation Justin Bieber roughed up a man who was taking pictures of the performer at a suburban shopping center, police said on Monday.. James and Heat too much for Celtics MIAMI (Reuters) - Led by LeBron James' 32 points, the Miami Heat enjoyed a convincing 93-79 win over the Boston Celtics on Monday to grab a 1-0 lead in their Eastern Conference championship series.. Powerful "Flame" cyber weapon found in Iran BOSTON (Reuters) - Security experts said on Monday a highly sophisticated computer virus is infecting computers in Iran and other Middle East countries and may have been deployed at least five years ago to engage in state-sponsored cyber espionage.. SpaceX capsule docks at space station, opens new era CAPE CANAVERAL, Florida (Reuters) - Astronauts aboard the International Space Station captured the SpaceX Dragon cargo ship and guided the privately owned craft into a docking berth on Friday, opening a new chapter in the U.S. space program.. Mexican mother arrested after son's eyes gouged out MEXICO CITY (Reuters) - A mother in Mexico has been arrested on suspicion of gouging out the eyes of her 5-year-old son during a ceremony.. Related Video Egyptian presidential candidate's offices attacked Obama honors military personnel killed in battle Great Debate Is Mitt Romney the last true believer in austerity? Is France closing for business? A daily digest of breaking business news, coverage of the US economy, major corporate news and the financial markets. Register Today   The latest Reuters articles on M&A, IPOs, private equity, hedge funds and regulatory updates delivered to your inbox each day. Register Today   » MORE NEWSLETTERS - 3 Times Square New York, NY 10036 USA © Copyright 2010 Thomson Reuters Ensure delivery of Reuters Newsmails, add mail@nl.reuters.com to your address book. Details Subscribe to other Reuters newsletters. Unsubscribe from this newsletter. Follow us on Twitter Friend us on Facebook Forward to a friend