Today's Best Market Rumors (9/7/2012)

Updated throughout the day on the 24/7 Wall St. Wire:

Apple Inc. (NASDAQ: AAPL) will start a business to compete with Pandora (NYSE: P). (WSJ)

The Senate will begin an investigation of J.P. Morgan Chase & Co.'s (NYSE: JPM) $4 billion loss. (FT)

Douglas A. McIntyre

Filed under: 24/7 Wall St. Wire, Rumors Tagged: AAPL, JPM