Jury rules startup founder Charlie Javice guilty of defrauding JPMorgan Chase
A Manhattan jury on Friday issued a guilty verdict against Charlie Javice, the 33-year-old CEO who duped JPMorgan Chase into ...
Tag: Wall Street
Hollywood’s Theatrical Business At Risk Of Entering “Negative Feedback Loop”, Analyst Warns
Hollywood is at risk of entering a “negative feedback loop” with fewer wide movie releases and a shrinking theater footprint ...
JPMorgan CEO Jamie Dimon says he will remain CEO a few more years—and promises ‘no swearing this time’ at latest town hall
After a stormy town hall where JP Morgan’s CEO addressed employee frustration over the bank’s latest return to work directive, ...
In wake of tragedies, BofA tasks senior execs with overseeing junior banker workload
Bank of America, which has come under scrutiny for its treatment of junior bankers, is changing who is overseeing the ...
Trump’s tariff threats caused the VIX to surge. Is it a momentary spike or the start of a global contagion?
The index has shot up dramatically on several occasions recently, only to then retrace rapidly. Read More Source link
Kohl’s had an even worse quarter than Wall Street expected with net sales plummeting nearly 10% in the aftermath of layoffs and store closures
One retail expert says Kohl’s problems stem from a “lack of identity and muddled strategy.” Read More Source link
It’s not 40 hours—Gen Z don’t know how long they need to work in a week and even experts can’t decide
Google cofounder Sergey Brin told Gemini staffers a 60-hour workweek is the “sweet spot”—but experts say that’s outrageous. The answer ...
Meta and Tesla gain, airlines pressured after American jet crashes near DC
Wall Street pointed mostly higher in premarket trading Thursday while more corporate earnings poured in a day after the Federal ...
Texas asks Wall Street firms for details about DEI efforts
The letter was sent to Goldman Sachs Group Inc., Morgan Stanley, JPMorgan Chase & Co., Bank of America Corp., Citigroup Inc. and ...
Jamie Dimon gets a $3 million pay rise for 2024 bringing his compensation to $39 million
Dimon was benchmarked not only on the performance of the Wall Street giant, but the board's options for his successor. ...
Trump is signing dozens of executive orders—and JPMorgan has started a war room as corporate America struggles to keep up
Wall Street responds to Trump’s executive orders, bracing for potential tariffs Read More Source link
Netflix’s Expected Q4 Subscriber Bonanza Should Get Earnings Season Off To Fast Start
As is the case with most Netflix earnings reports, the question for the company on Tuesday isn’t whether the number ...
Jamie Dimon refuses to publicly name a successor on earnings call to investors, concedes he’ll likely stick around a few more years
An analyst asked Dimon, "What would you do otherwise anyway? You don't play golf." Read More Source link
Goldman creates Capital Solutions Group in push to expand private credit business
Pete Lyon and Mahesh Saireddy will lead the new unit Read More Source link
Netflix, Spotify Ride Tech Wave; Media Challenged
Even a casual market watcher knows that 2024 on Wall Street was defined by a spectacular rise in tech stock ...
Wall Street’s predictions for the market and economy in 2025
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