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Search resuls for: "Photographs Brandon Thibodeaux For The Wall Street Journal"


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HOUSTON— JPMorgan Chase & Co. is launching a national program to try to get more loans into the hands of minority small-businesses owners and close a persistent racial gap in financing. The country’s biggest bank has been quietly piloting a special-purpose credit program this year here and in Dallas, Detroit and Miami that allows it to offer more loans to business owners who might have otherwise been rejected.
Exxon Mobil Corp. hopes an outsider who most recently headed General Motors Co.’s driverless-car unit can shake up its efforts to build a climate-friendly business unit. The oil giant recently tapped Dan Ammann , a former investment banker and longtime GM executive, to lead its fledgling low-carbon business. Mr. Ammann’s task is daunting: turn a new unit intended to reduce carbon emissions into a profit center.
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