Nearly all the chief executives in a new survey — 98% — say they're getting their ducks in a row for an impending economic downturn in the United States.
Tesla, JPMorgan, Netflix, Redfin and Coinbase are among companies that are cutting jobs. While layoffs are contained to the hottest parts of the economy, there's fear they could spread elsewhere.
Goldman Sachs says it's "winding down its business in Russia in compliance with regulatory and licensing requirements," two weeks after the country first invaded Ukraine.
The dramatic collapse of the U.S. economy is pummeling America's largest banks. Wells Fargo has posted its first quarterly loss since 2008 and JPMorgan Chase has set aside billions to cover bad loans.
In a letter to shareholders, the JPMorgan Chase CEO applauds the government and the Fed for quick work, but says the pandemic will have devastating consequences for the global economy.
Dimon, 63, who is the longest-serving head of a major U.S. bank, experienced "an acute aortic dissection" and underwent surgery to repair it Thursday morning, a JPMorgan memo said.
Derek Rotondo filed a class-action complaint against his employer for offering more paid parental leave to women than to men. On Thursday, the bank announced it settled the case.
A surgeon at Brigham and Women's Hospital in Boston, Gawande is probably best known for his work writing about how to improve quality and lower costs in health care.
Details are scarce, but the companies said they want to help their employees get high-quality health care at a reasonable cost. Will this consortium have better luck than those that have preceded it?