Earnings Season Arrives With Recession Fears Front and Center
Posted inBezos, Jeffrey P Citigroup Inc Company Reports Daly, Mary C Delta Air Lines Inc Dominion Voting Systems Corp Epstein, Jeffrey E (1953- ) Federal Reserve System Feinstein, Dianne Food and Drug Administration Goldman Sachs Group Inc House of Representatives internal-storyline-no Jassy, Andrew R JPMorgan Chase & Company Louis Vuitton LVMH Moet Hennessy Louis Vuitton SA Ma, Jack Recession and Depression Silicon Valley Bank SOFTBANK Corporation Son, Masayoshi Wells Fargo & Company

Earnings Season Arrives With Recession Fears Front and Center

Investors will be closely watching whether worries about an economic slowdown dent corporate profits, and lead to further layoffs.
Jamie Dimon Reprises 2008 Role as Rescuer of a Failing Bank
Posted inBank of America Corporation Banking and Financial Institutions Bear Stearns Cos Citigroup Inc Dimon, James Federal Reserve System Goldman Sachs Group Inc JPMorgan Chase & Company Moynihan, Brian T Powell, Jerome H Rogoff, Kenneth S Signature Bank Silicon Valley Bank Solomon, David M Subprime Mortgage Crisis Treasury Department Washington Mutual Inc Wells Fargo & Company

Jamie Dimon Reprises 2008 Role as Rescuer of a Failing Bank

The JPMorgan chief executive led an effort to raise $30 billion for First Republic, but no one is sure if it did any good.
Wells Fargo’s Carrie Tolstedt Pleads Guilty and Faces Prison
Posted inBanking and Financial Institutions Consumer Financial Protection Bureau Fines (Penalties) Frauds and Swindling Justice Department Prisons and Prisoners Scharf, Charles W Securities and Commodities Violations Securities and Exchange Commission Sloan, Timothy J Stumpf, John G Tolstedt, Carrie L Wells Fargo & Company

Wells Fargo’s Carrie Tolstedt Pleads Guilty and Faces Prison

Carrie L. Tolstedt, who ran the bank’s retail branches, faces up to 16 months in prison for obstructing a bank examination.
How Biden Is Seeking to Reshape Business via the CHIPS Act
Posted inBiden, Joseph R Jr Chopra, Rohit Commerce Department Computer Chips Consumer Financial Protection Bureau Democratic Party Federal Reserve System Fox News Channel Goldman Sachs Group Inc Helium Inc internal-storyline-no Lasry, Marc Milwaukee Bucks Musk, Elon National Basketball Assn Supreme Court (US) Twitter United States Politics and Government Warren, Elizabeth Wells Fargo & Company

How Biden Is Seeking to Reshape Business via the CHIPS Act

Big strings are attached to funding for chip makers, meant to bolster Democratic priorities including child care for workers and discouragement of stock buybacks.