Hot and Humid, Volunteers Help Chardon, JP-Morgan Chase Losses - Cleveland 19 News Cleveland, OH

Hot and Humid, Volunteers Help Chardon, JP-Morgan Chase Losses

The heat stays with us into this weekend and with higher humidity and a warm morning, this afternoon temperatures will top out in the low 90s, with the humidity making it feel around 5 degrees warmer. Tonight will be very warm. A few showers and storms will arrive on Saturday by the late morning and early afternoon along a stalled out front. I anticipate a few spotty storms lingering into the end of the weekend Sunday.

It's been four months since the Chardon High School shooting and Thursday was another example of a community, pulling together, in the aftermath. Community members are rolling up their sleeves in an effort to spruce up community baseball fields. It is a one day make over -- from top to bottom. There are now new wooden bleachers to replace old rotting ones, along with new paint jobs and flowers.  The clean up effort is really more than just a few volunteers and Home Depot. In fact, nearly every business in town in the area, is behind the clean up. Volunteers say without the group effort they'd probably be there for about a year doing it.

According to the New York Times, a new report estimated trading losses at JP-Morgan Chase could reach $9 billion. The number is more than four times the initial amount estimated. In May, JP-Morgan CEO Jamie Dimon announced a $2 billion loss. Since then, Dimon and other top executives have been under fire for the trades that led to the bank's multi-billion-dollar loss. The company will likely disclose more on the total losses next month, when it reports second-quarter earnings.  

 

 

 

Julia Tullos, WOIO Assignment Manager

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