Author : Stewart Kerr

JPMorgan Chase Chairman and CEO Jamie Dimon issued an unfiltered, aggressive warning against a new crypto-friendly bill moving through Congress while also targeting Coinbase CEO Brian Armstrong’s multimillion-dollar lobbying push. In a wide-ranging interview with FOX Business’ Maria Bartiromo on Friday, Dimon was asked for his thoughts on the CLARITY......

A United Airlines flight bound for Spain returned to Newark Liberty International Airport on Saturday night after a potential security concern prompted the aircraft to turn around over the Atlantic Ocean. United Flight 236 departed Newark en route to Palma de Mallorca, Spain, but reversed course about 90 minutes into......

Costco’s gas stations saw a surge in demand in the most recent quarter as consumers sought out its low-priced gasoline, which helped the company top the market expectations for its third-quarter sales. Costco CEO Ron Vachris noted the “backdrop of ongoing macro uncertainty” has consumers searching out affordable options given......

As a parent, one thing I often try to emphasize to my kids is the importance of hard work. Study a little bit for a test, and you might walk away with a 95. Study harder, and you could score 100 instead. I’m also no stranger to hard work. There’s......

BP abruptly removed Chairman Albert Manifold on Tuesday, citing “serious concerns” tied to governance, oversight and conduct issues, sending shares lower and deepening uncertainty at the oil giant. The company said Manifold, who had served as chairman for just eight months, was removed effective immediately after the board unanimously concluded......

Stellantis on Thursday announced a $70 billion turnaround strategy that aims to refocus the automaker on core brands, partnerships and more efficient use of factory capacity. The investment is over five years and includes the production of 60 new models by 2030, including a mix of internal combustion engine, hybrid......

SpaceX on Wednesday submitted documents to move forward with its highly anticipated initial public offering (IPO), as the revolutionary company that’s pursuing the eventual colonization of Mars and deploying space-based AI data centers. The company, led by CEO Elon Musk, has grown into the world’s largest space business and is......

Despite triumphant headlines from Wall Street, one prominent economic forecaster is sounding the alarm that the U.S. economy is sitting on a razor’s edge. In a recent interview with TheStreet, Moody’s Analytics chief economist Mark Zandi placed the probability of a U.S. recession within the next year at 40%, compared......

Walmart is cutting or relocating jobs as the world’s largest retailer undertakes an effort to simplify its operating structure. The Wall Street Journal on Tuesday reported that Walmart is laying off or relocating roughly 1,000 corporate workers, according to people familiar with the situation. “We’ve made changes to simplify how......

Boeing CEO Kelly Ortberg is among the group of American business leaders who have traveled to China with President Donald Trump and is pursuing what could be a sizable deal for the plane-maker. Ortberg said on a call with analysts last month the visit represents “a meaningful opportunity for us,”......