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Lake, who co-led the consumer and community bank with Piepszak since 2021, will now have sole oversight of that segment. Piepszak and Rohrbaugh will take on day-to-day control of the corporate and investment bank, which Daniel Pinto has led since 2014. Jennifer Piepszak, a JPMorgan lifer, will leave the consumer side of the organization for her new role atop the commercial and investment bank. BIIIn her new role, Piepszak will have a chance to gain more experience on the wholesale side of the business. She joined the bank following her college graduation and spent 17 years in various finance roles across the investment bank.
Persons: Jamie Dimon, Jennifer Piepszak, Marianne Lake —, Dimon, Troy Rohrbaugh, Rohrbaugh, Daniel Pinto, Pinto, Dimon's, JPMorgan Pinto, Gordon Smith, Lake, Piepszak, JPMorgan.com Mary Callahan Erdoes, Erdoes, Morgan Stanley, James Gorman, Mike Mayo Organizations: JPMorgan Chase, Business, JPMorgan, Wall, First Locations: Piepszak, BII, Euromoney, Wells Fargo
Read previewJunior employees should show up at the office more often if they want to score promotions, says a corporate leader. "If you're asking me my opinion on how you succeed in your career," Kevin Ellis, the chair of PricewaterhouseCoopers UK, said. With AI now a part of the workplace, face time and getting people together in the office is important, he added. Companies have been struggling with how to manage remote work following the COVID-19 pandemic. That's because, as my colleague Amanda Goh wrote last year, the generation still can't make up its mind about going into the office.
Persons: , Kevin Ellis, Ellis, Jamie Dimon, Goldman Sachs, David Solomon —, Gen Z —, Amanda Goh Organizations: Service, Business, PricewaterhouseCoopers, Bloomberg, Economic, JPMorgan Chase Locations: Davos, Switzerland
Gemmika Champion has been dating while sober for most of her adult life. AdvertisementShortly before 10 p.m. on a brisk Friday, Gemmika Champion and her date arrive at Brasil's, a Latin dance venue in Philadelphia's Old City neighborhood. Champion, a sober and single 29-year-old who views first dates as opportunities for fun and exploration, is in her element. "Getting sober, I built a better foundation for my understanding of who I am and what I want," Champion told BI. Setting boundaries with datesThough Champion is full of sober date ideas, she also doesn't mind meeting at bars or restaurants that serve alcohol.
Persons: , Gemmika, She's, doesn't, she's, lattes, it's Organizations: Service, Gallup Locations: Brasil's, Philadelphia's Old City, Philadelphia
In August, Nikki Haley said the age of retirement in the US is "way too low." Nikki Haley initially denied having said the US age of retirement is "way too low" despite video evidence proving otherwise. Ron DeSantis, who said she had claimed "the retirement age is way, way too low." AdvertisementShe didn't have an answer in the interview as to what the "right age" to move retirement benefits is but said that "65 is way too low." "But I have never said retirement age is 'way too low' for everyone else.
Persons: Nikki Haley, , Haley, Bret Baier, Ron DeSantis, Baier, aren't, who's, they're, backtracked, Haley's, Joe Biden's, Donald Trump's, NIkki Haley Organizations: Fox News, Democratic, Republican, Service, South Carolina Gov, Social Security, Florida Gov, Bloomberg, Business, Quinnipiac, Trump Locations: Milwaukee, Monday's, New Hampshire
The simplest explanation for Wednesday's sell-off was that the market was dramatically overvalued and due for a pullback. Look at the Breakwave Dry Bulk Shipping ETF (BDRY). BDRY is essentially a play on global shipping, which is itself a play on the state of the global economy. There's an ETF for global shipping companies If you'd rather play global shipping companies directly, there's an ETF for that as well. The SonicShares Global Shipping ETF (BOAT) is a modified market cap weighted ETF that contains all the big global shipping companies: Kawasaki Kisen Kaisha, Mitsui, Euronav, Matson, AP Moller, Hapag-Lloyd, Maersk, COSCO Shipping, etc.
Persons: William of Ockham, overvalued, , stupidly, overbought, Santa Claus, Matson, AP Moller, DBRY Organizations: Traders, Santa, Bulk Shipping, Global Shipping ETF, Kawasaki, Mitsui, Euronav, AP, Maersk, COSCO Locations: America, U.S, Hapag, COSCO Shipping, India
I didn't learn about investing growing up so I was thrilled to read "The Simple Path to Wealth." Thanks to the book, I'm now on the path towards FIRE — financial independence/retire early. I'm thankful that, in 2017, I was able to read a book called "The Simple Path to Wealth." Here's what "The Simple Path to Wealth" taught me about managing money and building wealth. For me, "The Simple Path to Wealth" has demystified the purpose and process of building wealth in America.
Persons: Collins, I'm, , JL Collins, I've Organizations: Service, Pew Research, FIRE, Vanguard, Market Index Locations: America
The next Tesla after Cybertruck will be more affordable, Musk said. Musk said his company is "quite advanced" in its work on the affordable Tesla, and that he is reviewing production plans weekly. "The revolution in manufacturing that will be represented by that car will blow people's minds," Musk said. "It is not like any car production line that anyone's ever seen." Many car companies have responded to this change in demand by pulling back production plans while dealers lather on discounts to move these cars off their lots.
Persons: Musk, Tesla, , Elon Musk, Sandy Munro, Munro Organizations: Texas, Service, YouTube, EV, Ford, Tesla Locations: Mexico, Detroit
5 Oregon 34-31 for a spot in the College Football Playoff, those emotions also were tempered about what's being left behind. “It is sad to see it happen, for that to be the last football game,” DeBoer said. I don't think there's anyone else in the country that's gone through what we've gone through.”Now the Pac-12 becomes the Pac-2 with only Oregon State and Washington State sticking around. Oregon State and Washington State could agree to some kind of merger with the Mountain West or look to rebuild Pac-12 by taking the top teams from the Group of Five leagues. “The Pac-12 has been an historical conference for a long time,” Oregon quarterback Bo Nix said.
Persons: — George Kliavkoff, Kalen DeBoer, ” DeBoer, , we've, Bo Nix, Jason, Kelli Baucom, They've, , what's, Kelli, Lincoln Kennedy, Kennedy, ” ___, W.G, Ramirez Organizations: LAS VEGAS, Huskies, College Football Playoff, Big Ten Conference, Oregon State, Washington State, Washington, The, Conference, Could've, College Football, Big, Atlantic Coast Conference, UCLA, Oakland Raiders, Las Vegas Raiders, AP Locations: Washington, Oregon, Vegas
Tesla's Cybertruck still makes no sense. Elon Musk livestreamed a delivery event for the pickup truck on Thursday. How it makes sense for Tesla, Elon Musk, or people's daily commutes is still anyone's guess. On its website, Tesla describes the vehicle as being "built for any planet," thanks to its durable and rugged design. "The truck looks absolutely awful.
Persons: Tesla's, Elon Musk, , Musk, 04EfaB01Fb — Jon Erlichman, Gun, I've, Gene Munster, Morgan Stanley, Tesla Organizations: Service, Texas, Porsche, Plaid, CNBC Locations: Texas, Wyoming
Elon Musk said on Wednesday that advertisers who are abandoning X can go "fuck" themselves. NEW LOOK Sign up to get the inside scoop on today’s biggest stories in markets, tech, and business — delivered daily. Musk didn't directly answer, but said "If the company fails because of advertiser boycott, it will fail … and it will be gone." AdvertisementMusk didn't answer the other key question he was asked: "Is there any part of you that says, 'Maybe I should sell [X] or give it away?" What we don't know — and Musk wouldn't really answer — is how this final stage could play out.
Persons: Elon Musk, , Musk, Andrew Ross Sorkin, Linda Yaccarino, Yaccarino, @elonmusk, Tesla, there's, I'm Organizations: Twitter, Service
Another two Thai workers were set free on Tuesday, bringing the total released to 19. He said they remain in contact with him and send him updates about the release of hostages even before the news breaks. The Thai foreign ministry said three Thais were being treated for wounds in hospital. On Monday, a Thai Muslim group that spoke directly with Hamas said its efforts were key to ensuring that Thai hostages were among the first to be released in Gaza during a temporary truce with Israeli forces. Israel says Hamas killed 1,200 people and took about 240 hostages back to Gaza on Oct. 7.
Persons: Parnpree Bahiddha, Nukara, Thais, Parnpree, Lerpong Syed, Israel, Juarawee Kittisilpa, Howard Goller, Sandra Maler Organizations: Reuters, Thai Foreign, Shamir Medical Center, Hamas, Iran Locations: Kittisilpa TEL AVIV, Israel, Thailand, Palestinian, Gaza, Thai, Thailand's
Another two Thai workers were set free on Tuesday, bringing the total released to 23. He said they remain in contact with him and send him updates about the release of hostages even before the news breaks. The Thai foreign ministry said three Thais were being treated for wounds in hospital. On Wednesday night, four additional Thai hostages were released. Israel says Hamas killed 1,200 people and took about 240 hostages back to Gaza on Oct. 7.
Persons: Parnpree Bahiddha, Nukara, Thais, Parnpree, Lerpong Syed, Israel, Juarawee Kittisilpa, Howard Goller, Sandra Maler, Stephen Coates Organizations: Thai Foreign, Shamir Medical Center, Hamas, Iran, Reuters, Thomson Locations: TEL AVIV, Israel, Thailand, Palestinian, Gaza, Thai
Norwest partner Sean Jacobsohn started collecting objects from failed businesses a year ago. download the app Email address Sign up By clicking “Sign Up”, you accept our Terms of Service and Privacy Policy . To make it into the museum, the failure has to be a physical item — no NFTs allowed, Jacobsohn said. Some even offer to donate failed business swag as a way of getting in his rolodex. He's currently scheduled to lead a guest lecture on the subject for the class "Avoiding Startup Failure,' he mentioned.
Persons: Sean Jacobsohn, he's, it's, , Jordan Poole, Jacobsohn, Sean Jacobsohn's, freebie, Jacobsohn's, Mattel, Allan, Ken's, Michael Cera's, Harley Davidson's, Elizabeth Holmes, He's, you've Organizations: Service, Bay Area, Norwest Venture Partners, Golden State Warriors, Business, Mattel, eBay, mater, Harvard Business School Locations: Bay, cologne
OpenAI's venture capital investors weren't thinking about its mission to serve "humanity" by developing artificial intelligence. After Altman's ouster, Vinod Khosla, an early investor in OpenAI, came to his defense despite the criticism. OpenAI's complex and unique corporate governance structure meant that VCs could invest in the capped profit entity, but never earn any influence over the nonprofit board of directors, all of whom were either cofounders or appointed outside AI experts. The board structure and its governance are all likely to change as part of the deal to bring Sam Altman back as CEO of OpenAI. The purpose of the newly formed OpenAI board – consisting of current board member D'Angelo, former US Treasury Secretary Larry Summers, and former Salesforce co-CEO Bret Taylor – is to vet and potentially appoint an expanded board of up to nine people, and that Microsoft and Altman want board seats, The Verge reported.
Persons: Sam Altman, OpenAI, Altman, VCs, Sam, Altman's, Vinod Khosla, Yunus, Khosla, Wesley Chan, Greg Brockman, Ilya Sutskever, Tasha McCauley, who's, Joseph Gordon, Levitt, Helen Toner, Adam D'Angelo, Karthee Madasamy, it's, David Sacks, D'Angelo, Larry Summers, Bret Taylor – Organizations: Business, Tiger Global Management, Khosla Ventures, Sequoia Capital, Microsoft, FPV Ventures, Rand Corporation, Georgetown's Center for Security, Emerging Technology, MFV Partners, Qualcomm Ventures, Ikea, Bosch, Novo Nordisk Foundation, Bertelsmann Foundation, Carlsberg Foundation, Craft Ventures Locations: OpenAI, Silicon Valley, Hollywood
Sam Altman was ousted from OpenAI then accepted a top job at Microsoft over the weekend. download the app Email address Sign up By clicking “Sign Up”, you accept our Terms of Service and Privacy Policy . AdvertisementOver the course of a whirlwind weekend, OpenAI cofounder Sam Altman was ousted from ChatGPT's parent company and promptly accepted a job running a new AI research team at Microsoft. [Microsoft CEO Satya] Nadella says they're still committed to OpenAI. (Ware predicted brain drain as other OpenAI employees follow Altman to Microsoft or join other rivals now he's no longer in charge.)
Persons: Sam Altman, OpenAI, , Microsoft didn't, Dan Ives, Altman, — that's, Jason Ware, They've, Satya, Nadella, they're, They're, Ware, Ben Laidler, Emmett, Joshua Mahony, Jim, Fan, Satya swoops, I'm, Jason Calacanis, It's Organizations: Microsoft, Wall Street, Service, Nasdaq, Albion Financial, CNBC, Markets, Nvidia Locations: OpenAI
My son is applying to 17 colleges, and the application process is causing us both stress. My son is staying up late to get it all done, but I'm trying to make sure he stays healthy. download the app Email address Sign up By clicking “Sign Up”, you accept our Terms of Service and Privacy Policy . Thankfully, we've gotten some great advice from his school's college counselor. AdvertisementAs intense and emotional as applying to college is, I know this will all be worth it in the end.
Persons: , he's, He's, we've, who've, We've Organizations: Service, International, Federal Student Aid, College Locations: It's
"Looksmaxxing" is the Tiktok trend taking hold among some young men who want to be better-looking. The New York Times wrote about the trend, which has shifted from a friendlier version on Tiktok, where handsome men give basic advice. The story points out that much of the TikTok version of the trend is simply helpful, basic advice, and the target audience is often young teenage men — a demographic that can be hygienically challenged. Calling these basic tips "looksmaxxing" — and treating it like getting "facial gains" — is silly. But this is the first time we're seeing swaths of young men gathering online to talk about it with these meme-y terms like "mogging" (looking hotter than someone else).
Persons: , looksmaxxing, Latham, Dillion Latham, — they're, It's, Looksmaxxers Organizations: Service, The New York Times, GQ, 4chan Locations: British
Buy now, pay later firm Klarna has established a holding company in the U.K. that will sit at the top of its corporate structure, in a symbolic move that paves the path for an eventual listing. A Klarna spokesperson confirmed to CNBC that the Stockholm-based business, which lets shoppers defer payments over a period of instalments, has begun a legal entity restructuring to set up the holding company. "Klarna Holding will continue to be the regulated financial holding company under the direct supervision of the SFSA and we will continue to hold a Swedish banking license." It differs from these competitors in its flexible payment plans, known as buy now, pay later. WATCH: Klarna's buy now pay later losses are 30% below industry standard, says CEO Sebastian Siemiatkowski
Persons: Klarna, hasn't, Sebastian Siemiatkowski Organizations: CNBC, Heartland, PayPal, Sequoia Locations: Stockholm, Sequoia, Swedish, Silver, Britain, Sweden
"You can't go around not seeing that footage somewhere because they kept showing it in a loop," said her mother, Ayelet Levy Shachar, occasionally fighting back tears. "I try to keep my thoughts on her coming back and how she comes back to me," said Levy Shachar, who said she talks to her daughter continuously in her mind, imagining her situation, perhaps held in one of the web of tunnels built by Hamas that run beneath Gaza. "Look at the films that are out there," said Levy Shachar, referring to the footage of the attack that floods social media. Only four hostages have so far been released while another one was rescued by Israeli troops. Levy Shachar said she occasionally attends rallies to call for the hostages to be brought back but mostly she just thinks of her daughter.
Persons: Naama Levy, Levy, Ayelet Levy Shachar, Levy Shachar, Evelyn Hockstein, James Mackenzie, Conor Humphries Organizations: Israel, Thomson Locations: Israel, Gaza, Tel Aviv
We have everything you need on how to watch World Series live streams online wherever you are in the world. Where to watch World Series live streams in the USIn the US, the World Series will be exclusively broadcast on Fox. Watch Rangers vs. Diamondbacks in the UKTNT Sports will show coverage in the UK for every game in the World Series. Watch Rangers vs. Diamondbacks in AustraliaESPN is your destination for 2023 World Series innings in Australia. World SeriesWednesday, Nov. 1 — World Series Game 5: Rangers vs. Diamondbacks, 8:03 p.m.
Persons: You'll, Fox, ExpressVPN Organizations: Rangers, Diamondbacks, Fox, Watch Rangers, TNT Sports, Discovery, . Watch Rangers, Canada Sportsnet, MLB, Australia ESPN, ESPN, Kayo, Sling, US, United, . Diamondbacks, . Rangers Locations: Canada, Australia, United States
His statement confirmed the widening scope of a conflict that has unnerved states including the world's biggest oil exporter Saudi Arabia, hardening fears of spillover as Israel seeks to destroy Hamas in its Gaza Strip stronghold. The Houthis have demonstrated their missile and drone capabilities during the Yemen war in attacks on Saudi Arabia and the United Arab Emirates. Saudi Arabia has been holding talks with the Houthis in a bid to exit the war, as Riyadh focuses on economic priorities at home. But Houthi missile and drone attacks on Israel have increased the risks of conflict for Saudi Arabia. Saudi analyst Aziz Alghashian said Saudi Arabia would be worried about the conflict spilling across its own borders.
Persons: Yahya Saree, spillover, Saree, Tzachi Hanegbi, Hossein Amirabdollahian, Mohanad Hage Ali, Aziz Alghashian, Nadine Awadalla, Nayera Abdallah, Tom Perry, Henriette Chacar, Ari Rabinovitch, Mohamed Ghobari, Angus MacSwan, Gareth Jones Organizations: Resistance, Mideast DUBAI, ., Israeli National Security, U.S, Lebanese, United, United Arab Emirates, Zionist, Carnegie Middle East Center, Thomson Locations: Iran, Israel, Sanaa, Saudi, Saudi Arabia, Gaza, Egypt, America, United States, Iraq, Syria, Yemen, United Arab, Iranian, Qatar, SAUDI, Riyadh, Jordan, Tehran, Dubai, Beirut, Parisa, Jerusalem, Aden
AdvertisementAdvertisementVice President Kamala Harris says she isn't bothered by peoples' concerns about President Joe Biden's age. When pressed by Whitaker, Harris said she doesn't pay attention to speculation. Bill, we're gonna win," Harris said. We're gonna win. Besides dealing with high-profile staff turnover during her early days as vice president, Harris also faced criticism from Republicans over her handling of the migrant crisis at the US-Mexico border.
Persons: Kamala Harris, Joe Biden's, Harris, Bill Whitaker, Biden, , Whitaker, I'm, Joe Biden, Bill, Donald Trump's, Trump, we're, We're, MSNBC's Jonathan Capehart, hasn't Organizations: Service, Biden, MSNBC Locations: Mexico
Where to watch Rangers vs. Diamondbacks live streams in the USIn the US, the World Series will be exclusively broadcast on Fox. How to watch Rangers vs. Diamondbacks in CanadaSportsnet Plus is streaming all 2023 World Series games in Canada. How to watch Rangers vs. Diamondbacks in AustraliaESPN is your destination for 2023 World Series innings in Australia. World SeriesMonday, Oct. 30 — World Series Game 3: Rangers vs. Diamondbacks, 8:03 p.m. ET on Fox— World Series Game 5*: Rangers vs. Diamondbacks, 8:03 p.m.
Persons: Merrill Kelly, Max Scherzer, Arizona's Brandon Pfaadt, Fox, You'll, ExpressVPN Organizations: Arizona Diamondback, . Texas Rangers, The Rangers, Diamondbacks, Rangers, Fox, TNT Sports, Discovery, Canada Sportsnet, MLB, Australia ESPN, ESPN, Kayo, Sling, US, United, . Diamondbacks, . Rangers Locations: Arizona, Canada, Australia, United States
The executive leadership team is viewed as a well-oiled machine with Morgan Stanley thriving compared to its megabank peers. Leaving Morgan Stanley would require going outside their comfort zone. Employees from these executives' righthand men and rank-and-file Morgan Stanley staffers may not welcome these changes. "You would expect everyone's guard to be raised at Morgan Stanley to monitor employee reaction and manage at least the best performers." Do you work for Morgan Stanley?
Persons: Morgan Stanley's James Gorman, Ted Pick, Dan Simkowitz, Andy Saperstein, Gorman, Glenn Shorr, Glenn Schorr, It's, Mike Mayo, they've, Mayo, Morgan Stanley, Pick's anointment, Pick, fides, Morgan, America's Ebrahim Poonawala, Poonwala, Stephen Biggar, Simkowitz, Saperstein, Let's, Schorr, Hayley Cuccinello Organizations: America's, Mitsubishi, Financial Times, Management Locations: Wells Fargo, Saperstein, Mayo, Simkowitz, hcuccinello@insider.com
Fellow comedian Boris Zeliger says a politically risky joke "usually doesn’t even get a laugh, but causes a reaction like 'Wow, you daredevil!'". "The comedians who write jokes on the topic of the day from a political point of view - they usually emigrate." According to one of them, Ilya Ovechkin, any reference to Putin in a joke boosts laughs by 70%. You can get punched in the face without telling a single political joke." And that Putin joke?
Persons: Vladimir Putin's, Ivan Garkushko, Boris Zeliger, Comigration, Ilya Ovechkin, Putin, Ovechkin, you'll, who's, Ariana Lolaeva, Mark Trevelyan, Kevin Liffey Organizations: Reuters, Thomson Locations: Russia, Ukraine, Georgia
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