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Category Archives: Uncategorized

JPMorgan Chase cut about 500 technology and operations jobs this week, sources say

Like many financial firms, JPMorgan periodically trims staff during the year, even as it hires thousands more workers to fill roles.

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Disney still has plans to spend billions in Florida despite its battle with DeSantis

Disney’s fight with the Florida governor has taken on new significance now that DeSantis is running for president.

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Gap shares soar after retailer reports big improvement in margins

Apparel retailer Gap reported another quarter of net losses and sale dips across its four brands but did manage to significantly improve its margins.

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Ford EVs will use Tesla charging tech in surprise partnership between rival automakers

Ford Motor will partner with Tesla on several charging initiatives for its current and future electric vehicles in an unusual tie-up.

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JPMorgan is developing a ChatGPT-like A.I. service that gives investment advice

Banks including Goldman Sachs and Morgan Stanley are testing A.I. internally, but JPMorgan may be the first to release a GPT-like product directly to customers.

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Illumina shareholders oust board chair, CEO survives Carl Icahn proxy battle

Carl Icahn has accused Illumina’s management and board of poor oversight, particularly with regard to the company’s acquisition of cancer test maker Grail.

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JPMorgan Chase says Jeffrey Epstein paid tuition for kids of U.S. Virgin Islands governor

The U.S. Virgin Islands alleges in a lawsuit that JPMorgan Chase facilitated sex trafficking by Jeffrey Epstein, a predator who lived in the American territory.

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NRO director says commercial space industry helps fuel the spy satellite agency’s ambitious goals

NRO Director Chris Scolese said the agency is looking to advance new technologies like artificial intelligence, machine learning and quantum sensing.

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DirecTV reaches deal to provide NFL ‘Sunday Ticket’ to bars and restaurants

DirecTV gave up NFL Sunday Ticket residential rights for next season, but it will continue to be the commercial provider for the package.

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Dollar Tree shares plunge after company misses on earnings, slashes full-year profit outlook

Dollar Tree disappointed Wall Street Thursday after it reduced its profit outlook for the year and missed on earnings estimates, sending shares plunging.

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