JPMorgan Chase CEO Jamie Dimon on Wednesday said that he and tech billionaire Elon Musk have smoothed over their previously contentious relationship. “Elon and I hugged it out,” Dimon told CNBC in a TV interview at the World Economic Forum’s annual event in Davos, Switzerland. “He came to one of our conferences, [and] he and…
Jamie Dimon, President & CEO,Chairman & CEO JPMorgan Chase, speaking on CNBC’s Squawk Box at the World Economic Forum Annual Meeting in Davos, Switzerland on Jan. 17th, 2024. Adam Galici | CNBC JPMorgan Chase CEO Jamie Dimon on Wednesday called the U.S. stock market inflated and said that he felt more cautious than others in the…
Doug Gurr, a former country manager for Amazon U.K., has been selected by the government as interim chair of the Competition and Markets Authority. Max Mumby/indigo | Getty Images LONDON — The British competition regulator tapped a top former Amazon executive as its new chair after facing accusations from Prime Minister Keir Starmer of stifling…
President Trump began issuing executive actions after taking the oath of office on Monday, unilaterally shifting federal policies across topics that included immigration enforcement, energy production and much more. Many of the actions were in the form of executive orders. These are directives issued by a president to subordinates in the executive branch, instructing them…
Kenya will allow citizens of nearly all African countries to visit without needing prior authorisation, according to a new directive by the cabinet. Last year, Kenya introduced a “visa-free” policy that required most visitors to apply online for authorisation before leaving their country. But the introduction of the Electronic Travel Authorisation (ETA), which replaced the…
Nikita Yadav BBC News, Delhi Getty Images MF Husain’s paintings have often attracted controversy due to their depiction of Hindu gods A court in the Indian capital, Delhi, has ordered the seizure of two “offensive” paintings by MF Husain, one of India’s most famous artists. The court on Monday granted permission for the police to…
Deadly fire at Turkey ski resort hotel A day of mourning is under way in Turkey for the 76 victims of a fire that engulfed a popular ski resort hotel in the country’s north-west. The fire broke out at the wooden-clad 12-storey Grand Kartal Hotel in Bolu at 03:27 local time (00:27 GMT) during a…
Getty Images Putricia has been placed behind a velvet rope in Sydney’s botanic gardens An endangered plant known as the “corpse flower” for its putrid stink is about to bloom in Australia – and captivated in the internet in the process, with thousands already tuned in to a livestream ahead of its grand debut. The…
The European Central Bank is “not overly concerned” by the impact of inflation abroad on the euro zone, the institution’s President Christine Lagarde told CNBC Wednesday. Asked about the potential effect on Europe if inflation resurges in the U.S., Lagarde said: “If there is reigniting of inflation in the United States it will be an…
US President Donald Trump says he has signed a full and unconditional pardon for Ross Ulbricht, who operated Silk Road, the dark web marketplace where illegal drugs were sold. Ulbricht was convicted in 2015 in New York in a narcotics and money laundering conspiracy and sentenced to life in prison. Trump posted on his Truth…
