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JPMorgan Chase CEO Jamie Dimon: Socialism a ‘big mistake’

JPMorgan Chief Executive Jamie Dimon warned at a quarterly meeting of the Business Roundtable (BR) that socialism would be a “huge mistake." Continue Reading Below “When government owns and controls companies used for political purposes, not economic purposes, it usually means jobs and votes and can lead to huge deterioration,” said Dimon, who chairs the BR. The […]

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Dow snaps six-day winning streak

Stocks closed down Tuesday, with the Dow Jones Industrial Average snapping a six-day winning streak, as investors weighed U.S.-China trade tensions against prospects for monetary stimulus from the U.S. central bank. Continue Reading Below China is promising to “fight to the end” if the U.S. escalates tensions in their ongoing trade war as President Trump edges closer to deciding […]

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Facebook unveils ‘Study’ market research app, says they’ll compensate participants

Facebook unveiled a new market research app on Tuesday aimed to help them gather data about participant's app usage and said it would compensate anyone who joins the study. Continue Reading Below The social media giant’s app is called "Study from Facebook" and is available in the Google Play Store, Facebook said in a news […]

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Trump controlling only rare earth mine in US ‘unrealistic,’ MP Materials co-chairman says

An official with MP Materials, the only rare earth mining and processing site in North America, told FOX Business he doesn’t foresee the Trump administration taking control of the mine. Continue Reading Below “I really don’t think it’s a realistic consideration because by the time that happens, we are already profitable, we’re producing,” MP Materials […]

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Live Lounge: The Shanghai-Based Podcast Offering a “Reality Check” for Brands

Navigating the China market can bring an endless list of challenges and considerations both planned an unplanned. For instance, how can brands localize their marketing strategies beyond first-tier cities? Or how can they be “China ready” in relation to technology? The British Chamber of Commerce in Shanghai is tackling these and many other China-related questions […]

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UFC’s Dana White interested in buying NFL team with Lorenzo Fertitta

Click:wps下载 Ultimate Fighting Championship President Dana White on Monday said he is interested in partnering with ex-UFC owner Lorenzo Fertitta and his brother, Frank Fertitta, to buy an NFL franchise. Continue Reading Below White worked alongside the Fertitta brothers at UFC from 2001 to 2016, when the casino magnates sold their interest in the mixed […]

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Makan Delrahim, Ajit Pai met Friday to discuss T-Mobile-Sprint deal as DOJ decision looms

Department of Justice antitrust chief Makan Delrahim and Federal Communications Commission Chairman Ajit Pai met Friday to discuss the proposed merger of T-Mobile US, Inc., and Sprint Corp., as final negotiations for the $26 billion deal appear to be drawing to a close, the FOX Business Network has learned. Continue Reading Below People with direct knowledge of the […]

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Mnuchin says Trump can still hit Mexico with tariffs if immigration deal crumbles

Treasury Secretary Steven Mnuchin said President Trump retains the authority to impose tariffs on Mexico if it fails to live up to its agreement to stem the flow of Central American immigrants crossing into the U.S. Continue Reading Below “Our expectation is that Mexico will do what they’ve committed to do, and our expectation is […]

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United Technologies, Raytheon to combine in all-stock ‘merger of equals’

United Technologies and defense contractor Raytheon agreed to merge in an all-stock deal described as a “merger of equals,” the companies announced on Sunday, creating a company with $74 billion in annual sales. Continue Reading Below The new company will be named Raytheon Technologies Corporation. Currently, United Technologies has a market value of $114 billion […]

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Here’s how much Pete Buttigieg, husband have in student loan debt

Democratic presidential candidate Pete Buttigieg and his husband, Chasten Glezman, together have a six-figure student loan debt, but the two are far from being the only Americans who grapple with owing money. Continue Reading Below In his financial disclosure filed with the Office of Government Ethics in mid-May, Buttigieg reported that he and his husband […]

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