News
- BusinessReuters
JPMorgan China names new heads for China investment banking arm
JPMorgan Chase & Co appoints Lu Fang to chair the board of its China investment banking arm, replacing former chair Park Pu, according to a company memo reviewed by Reuters and confirmed by a company spokesperson. Greg Yu, recently deputy general manager of J.P. Morgan Securities China Company (JPMSC), has been promoted to general manager, according to the Memo issued on Wednesday.
1 min read - BusinessReuters
Tesla shares edge higher ahead of quarterly results
The stock was up 0.7% at $143 in premarket trading ahead of the report, due after the close of trading. CEO Elon Musk will likely face pointed questions from investors during the post-results conference call about the fate of the so-called Model 2, a low-cost vehicle he had promised in January would be available in 2025. Reuters exclusively reported earlier this month that Tesla had scrapped plans for the model and shifted focus to building a self-driving robotaxi on the same small-car platfor
2 min read - BusinessMotley Fool
TSMC Just Gave Investors Another Reason to Be Bullish on Nvidia
The contract chipmaker's cautious outlook doesn't apply to the AI leader.
4 min read - PoliticsHuffPost
'She Is Watching': Ex-Aide Says Melania Trump Is Very Interested In 1 Part Of Trial
Stephanie Grisham predicted it will be really "interesting to watch" the response of the former first lady.
2 min read - BusinessMotley Fool
Prediction: This "Magnificent Seven" Stock Will Be the Biggest Winner of the AI Boom
This company has a track record of benefiting from its investments.
4 min read - BusinessReuters
UBS gets backing for capital plan, Ermotti pay from Norway wealth fund
Norway's sovereign wealth fund has backed UBS' plan to make its Additional Tier 1 (AT1) bonds, a form of debt, more appealing to investors by protecting them from a wipeout, and also signed off on UBS CEO Sergio Ermotti's pay package. The vote from the Norwegian fund, UBS' second-largest shareholder, at the bank's annual general meeting this week is a boost for UBS, which is seeking to prop up its capital buffers to satisfy Swiss regulators' demands as it integrates its former rival Credit Suis
3 min read - WorldBBC
Dominica High Court overturns ban on same-sex relations
Activists welcomed the ruling as a "significant milestone" for LGBTQ rights in the Caribbean.
2 min read