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JPMorgan Beats on Earnings Despite Rough Quarter

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Citing strong growth across its banking and asset management segments, JPMorgan Chase's earnings rose strongly in the last quarter of 2012, the bank reported on Wednesday, defying concerns about the global economy and exceeded analysts' expectations.

Helicopter Crashes in South London

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A helicopter crashed into a crane in south London Wednesday morning, close to Vauxhall train station. The police confirmed that two people were dead at the scene and two others have been taken to south London hospital..