Shares of telecom giant Ericsson (ERIC) are up 28 cents, or almost 4%, at $7.64, in early trading after the company this morning announced at the start of European trading that its CEO of seven years, Hans Vestberg, will step down, and that its CFO, Jan Frykhammer, will take over on an interim basis. Ericsson’s ordinary […]
Everybody give it up, one last time, for Gao Jue.
Jamie Dimon throws JP Morgan workers some crumbs.
JP Morgan beats estimates; Larry Fink doesn't trust equities rally; Craigslist users offer 'Pokemon Go' chauffeur service for players; and more.
JP Morgan Chase is raising it’s internal minimum wage from $10.70 per hour to $12.00 per hour. Jamie chief executive of JPMorgan Chase, writes in the New York Times: A pay increase is the right thing to do. Wages for many Americans have gone nowhere for too long. Many employees who will receive this increase work as […]
J.P. Morgan Chase CEO Jamie Dimon wrote in the New York Times that over the next three years the bank will raise its minimum salary of $10.15 an hour to between $12 and $16.50 an hour
Brexit is testing the nerve of banks based in London. The question of when and how the UK will leave the European Union, and what will become of banks' ability to passport services into the Continent, has driven banks to reassess their...Show More Summary
The latest corrective to electric car media hype comes to us from Michael Cembalest of JP Morgan Asset Management, who makes his living advising people where to invest their hard-earned money, and who therefore cannot afford the flights of motivated reasoning that afflict much of the press on this subject. In fairness to the press, […]
LONDON (Reuters) - U.S. bank JP Morgan said on Wednesday it now expects Scotland to vote for independence and introduce its own currency before Britain leaves the European Union in 2019. "Our base case is that Scotland will vote forShow More Summary
... fears are spreading that an estimated 100,000 roles could be lost in the financial sector if banks press on with contingency plans to move jobs out of the UK...US bank JP Morgan has warned 4,000 jobs will go and HSBC has said 1,000 City jobs will move to France. Show More Summary
J.P. Morgan’s Doug Anmuth today warns followers of Facebook (FB), Amazon.com (AMZN) and other ‘Net stocks that the Securities & Exchange Commission has made “updates” to its policies regarding accounting for non-GAAP items, and thatShow More Summary
Over the years, Wall Street has tried over and over to change its image as a workplace mainly for straight white males who come from the same families, went to the same schools, and share the same views on everything from fiscal responsibility...Show More Summary
JP Morgan, the Bank of America and other financial institutions have been funding the production of banned cluster munitions, which are responsible for the deaths of thousands of civilians in Yemen.
When even the bankers and accountants are dressing down, you know that casual dress is here to stay as a workplace norm. JP Morgan and PricewaterhouseCoopers are the latest to hang up their suits. While business casual is hardly news … [Read more...] The post Business Casual Dress: It’s Complicated appeared first on Lindsey Pollak.
For all the new software platform features Apple announced this week at WWDC, including a glimpse at future iOS product capabilities and internet services enhancements, JP Morgan remains cool to the company's stock prospects for 201...
Take it away, Jess Greenberg.
PayPal was, for quite some time, the only real player for online payments. This led to Visa's friendly relationship with the company, according to remarks made by Visa CEO Charles Scharf at the JP Morgan Technology, Media, and Telecom conference. Show More Summary
The bank said goodbye to 100 employees who cater to the rich yesterday.
J.P. Morgan semiconductor analyst Joseph Moore today reflects on Alphabet’s (GOOGL) announcement last week, at its annual developer conference, Google I/O, that it has been developing in secret a chip of its own to speed up machine learning,...Show More Summary