However, as more chatbots and automated assistants take over the duties of human roles, there’s a growing cohort of executives who see shorter workweeks on the horizon—and Zoom CEO Eric Yuan can even see staffers only clocking in a few days a week. “I feel like if A.I. can make all of our lives better,…
My top 10 things to watch Monday, Sept. 15 1. President Donald Trump implied in a social media post this morning that a TikTok deal has been reached with China, and he plans to speak with Chinese President Xi Jinping this coming Friday. Trade officials from both countries were talking in Spain over the weekend….
Stocks @ Night is a daily newsletter delivered after hours, giving you a first look at tomorrow and last look at today. Sign up for free to receive it directly in your inbox. Here’s what CNBC TV’s producers were watching on Monday and what’s on the radar for Tuesday’s session. Apple Apple hosts a key…
The ongoing dispute surrounding Nvidia’s H20 AI chip sales to China has now intensified discussions about US-China technology arms race. A recent online report revealed that China is pursuing its major tech companies like Alibaba and ByteDance to reconsider their orders for Nvidia’s H20 AI chips even as Chinese regulators have asked tech firms to…
Sharing an interesting anecdote from the late 1999, JPMorgan Chase CEO Jamie Dimon spilled beans that Amazon founder Jeff Bezos offered him a job and he nearly left Wall Street behind to grab the offer. Dubbed the “white knight of Wall Street”, Jamie Dimon revealed he came close to taking a job in Big Tech,…
JPMorgan Chase CEO Jamie Dimon has shared an interesting anecdote from late 1999. Dimon revealed that Amazon founder Jeff Bezos offered him a job at Amazon and he nearly left Wall Street behind to take it. However, ultimately Dimon decided to not accept the offer, citing the significant personal and professional shift it would have…
President Donald Trump’s feud with Federal Reserve Chair Jerome Powell continues to escalate, as the president openly discussed firing Powell in meetings with Republican lawmakers and in public remarks. The episode has sent tremors through financial markets and drawn pointed warnings from JPMorgan Chase CEO Jamie Dimon, a leading voice on Wall Street, about the…
HSBC UK has reportedly informed its retail banking staff that their annual bonuses could be reduced if they failed to meet in-office requirements, making it one of the latest major banks to tighten remote work policies. According to a report by The Independent, the company has sent a memo to its staff stating that those…
JPMorgan Chase (NYSE:JPM) CEO Jamie Dimon has fired a warning shot about President Donald Trump‘s trade war, which has put the stock market on a wild ride, unnerving investors. The Wall Street titan warned of a loss of U.S. credibility on the national stage, a recession and worse, should the trade war continue. Usually one…
(Reuters) -JPMorgan Chase & Co (JPM) CEO Jamie Dimon has sold about $31.5 million worth of the bank’s shares, according to a regulatory filing. Dimon had also offloaded some shares last year in his first such sale since taking over the top role in 2005. NYSE – Delayed Quote • USD At close: April 14…