President Obama carries the JP Morgan Select Card. You cannot apply directly for this card any longer. When it was available it was basically a Chase Sapphire Preferred card without double miles on dining, or a signup bonus. The card...Show More Summary
Carson Block vs St. Jude Medical; What does JP Morgan have to do to get you in a car today; Yellen, Yellen, Yellen; Couple takes wedding pictures on volcano aside hot lava; and more.
Apple has been under fire from the EU over its tax system for quite some time, but up until now, we didn't know how bad things were. JP Morgan, one of Apple's investment banks overseeing the case, has put the potential tax bill at $19 billion. Show More Summary
JP Morgan, an investment banker for Apple, has said that the worst-case outcome of a long-running European Commission investigation into the legality of Apple’s European tax arrangements could be a back-tax bill of $19B. It had previously...Show More Summary
The European Commission is expected to levy a judgment against Apple in the next few months that could total in the billions of euros. JP Morgan has estimated that Apple could be on the hook for as much as $19 billion, the FinancialShow More Summary
Recently JPMorgan Chase & Co. reached a settlement with Indiana securities regulators related to its asset management business. The firm agreed to pay $950,000 to settle claims that the bank failed to disclose conflicts of interest to wealthy clients. The Indiana settlement involved JPMorgan’s failure between 2008 and 2014 to [...]
Lest we get too bearish on the US economy in the short run, it pays to remember that even though the Fed has outlawed the business cycle, “the economy will fluctuate.” Contrary to the wisdom of JP Morgan, the stock market may not fluctuate, but the economy will. Show More Summary
Fast, decentralized, and secure, the distributed ledger system known as a blockchain is taking the financial world by storm. Even global financial powerhouse JP Morgan Chase & Co. has taken notice: Blockchain is becoming a C-suite issue. Show More Summary
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