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Many new Bluesky users are praising the feeling on the site as being similar to "old Twitter." This week, the app shot to the top of Apple's App Store and Google's Play Store, and a Bluesky spokesperson told Business Insider it hit 18.3 million registered users. Advertisement"Consumers, time and time again, show us that they will put a brand in jeopardy if the leadership is associated with ideology the consumers don't care for," Lind told Business Insider. A spokesperson for Bluesky told Business Insider that the platform aims to give users more choice and offer creators independence from being locked into specific platforms. A few weeks ago, Bluesky had less than 1 million daily users in the US, "so the acceleration is tremendous," said David Carr, an editor at Similarweb.
Persons: Bluesky, Elon Musk's, Jonathan Bellack, Mark Cuban, he'd, That's, Stephen Lind, Lind, We've, Jack Dorsey, Twitter, Dorsey, David Carr Organizations: Social, Business, Applied Social Media, Cuban, Meta, USC Marshall School of Business, Bluesky, Twitter Locations: Similarweb
A crucial catalyst for shares of Club holding Wells Fargo may be around the corner, according to one Wall Street firm. Bank of America also raised its price target on Wells Fargo to $84 a share from $75, and reiterated its buy rating on the stock. Bottom line We've long called out the asset cap removal as a big catalyst for Wells Fargo — and it's been central to our overall investment thesis for the stock. That's because once these restrictions are lifted, Wells Fargo can finally grow its balance sheet past that nearly $2 trillion threshold again. Wells Fargo bank signage is seen on Broadway on April 12, 2024 in New York City.
Persons: Wells, Donald Trump, Morgan Stanley, Jim Cramer, Charlie Scharf's, Scharf, it's, Jim Cramer's, Jim, Michael M Organizations: Bank of America, Federal Reserve, Bank, Wells Fargo, Bloomberg News, CNBC, Broadway, Santiago, Getty Locations: Wells, Wells Fargo, Wells Fargo —, New York City
Trump took a dim view of the Powell Fed during his first term in office, calling policymakers "boneheads" and once compared Powell to a golfer who couldn't putt. Powell, who was nominated by Trump in November 2017 and took office the following February, largely shrugged off the criticism then, and he again deflected Thursday. However, dealing with the ramifications of a Trump presidency will be almost unavoidable for the Fed leader. LaVorgna has a unique perspective on the situation, having served as chief economist for the National Economic Council under Trump. Trump historically has favored lower rates, though that too could change if the Fed cuts and inflation rises.
Persons: Jerome Powell, Kent Nishimura, Donald Trump, Trump, Powell, I'm, Joseph LaVorgna, LaVorgna, Lavorgna Organizations: Federal, Getty, firebrand Republican, Powell Fed, Trump, Fed, Nikko Securities, National Economic Council Locations: Washington, Washington , DC, stoke
He received the news of Sinwar’s death with “deep sadness and pain because (Sinwar) is a noble resister” – and predicted he would soon be replaced. For Abu Fares, one of hundreds of thousands prevented from returning to their homes, Sinwar’s death is just a continuation of a brutal war. Palestinians say they remain skeptical over whether Sinwar's death will shift Israel's war, which has laid waste to swathes of Gaza. Omar Al-Qatta/AFP/Getty ImagesAround 70% of Palestinians killed by Israel’s strikes are women and children, according to the Hamas-run Government Media Office (GMO). Mahmoud Jneid, also displaced in Deir al-Balah, said the world’s focus should rest on civilian suffering – not Sinwar’s death.
Persons: Deir, Gaza CNN — Abu Mohammed, Mohammed, Yahya Sinwar, Sinwar’s, Gaza – Mohammed, ” Mohammed, , Israel’s, Sinwar, Omar Al, Majdal, “ Sinwar, Israel, , Benjamin ) Netanyahu, Netanyahu, Akram Dabbour, , ” Dabbour, that’s, Mustafa Barghouti, ” Barghouti, CNN’s Christiane Amanpour, Abu Fares, Suha Al Turk, Balah, Mahmoud Jneid, ” Jneid Organizations: Gaza CNN, Israel, CNN, Getty, Israel Defense Forces, Amnesty International, CUNY Institute, Ministry of Health, UN, Shifa, Media Office, Hamas, Amnesty Locations: Gaza, Deir al, Rafah, Jabalia, AFP, Al, Ashkelon – Sinwar, Israel, Gaza's Al, Nazla, Jabalya, Gaza City
A torrent of false claims has muddied details around the recovery efforts following the storm, which left hundreds dead and entire communities destroyed. That weariness has been echoed by other local officials and citizens who are still reeling from one of the worst storms in U.S. history. Trump used his high-profile return to Butler, Pennsylvania, where he was nearly killed by a gunman, to continue to spread false claims about FEMA. Even as some claims were quickly debunked, more continued to surface across platforms such as X, TikTok and Facebook. The deluge has frustrated public officials, who say they distract from rescue efforts and disorient workers trying to provide help.
Persons: Hurricane Helene, Kevin Corbin, , Sen, Thom Tillis, I’ve, influencers, Donald Trump, Trump, Pete Buttigieg, Elon Musk, Musk, Buttigieg, ” Musk, Helene, Deanne Criswell, ABC’s, ” Criswell, “ We’ve, Criswell, , Roy Cooper, ” Cooper, grifters Organizations: Republican, Democratic, Federal Emergency Management Agency, Facebook, FEMA, CBS, Transportation, North Carolina Department of Public Safety, North Carolina Gov Locations: WNC, Republican North Carolina, Antarctica, Butler , Pennsylvania, , Valdosta , Georgia
Chappell Roan has endured backlash on social media for sharing her political opinions and canceling shows. That quote was subsequently clipped and shared widely on social media, where uproar promptly ensued. Even if canceling shows could drive away fans, it's worth the riskFans at a Chappell Roan concert in October 2023. Maybe Roan should pull back from social media — but that's ultimately her callChappell Roan points at a photographer on the VMAs red carpet. Swift turned off Instagram comments years ago, Gomez has said she deleted the app from her phone, and others have quit posting on social media altogether.
Persons: Chappell Roan, , Roan, she's, who's, Taylor Swift's, TikTok, Donald Trump, Gen Zers, Kamala Harris, mispronouncing Harris, they're, chappell, ake, ould, ong, ike J ustin, elena G omez,, ike, B, R., hore, orth, veryone's, IKE —, hite Organizations: Service, Poets Department, Guardian, Democratic, ust Locations: Roan, rive, ashington, uman
Australia's inflation rate has come within the RBA's target range in the month of August, easing from 3.5% in July to 2.7%., according to a Wednesday release from the country's Bureau of Statistics. The drop puts the rate below the Reserve Bank of Australia's target range of 2%-3% for the first time since August 2021. He said that while the relief programs will bring headline inflation to the top of the RBA's target range, the RBA will be "looking through" these subsidies and focusing on core inflation. He writes, "the path of core inflation back to the target range has stalled somewhat, and it is hard to see a major improvement in the near term. We think the bank will need to see three more inflation prints before they are comfortable embarking on an easing cycle."
Persons: Australia's, Michelle Bullock, Bullock, Sean Langcake, Langcake Organizations: Statistics, Reserve Bank, U.S . Federal Reserve, Fed, ., Australia's Locations: SYDNEY, AUSTRALIA, Sydney, Australia, country's, Oxford
Tuesday’s debate between Vice President Kamala Harris and former President Donald Trump is the culmination of 75 days of utter and unprecedented campaign chaos — and the beginning of a 55-day race to Election Day through equally uncharted waters. The best-polling third-party candidate in a generation, Robert F. Kennedy Jr., saw his numbers collapse, and he is out of the race and supporting Trump. The sides even flipped on the debate rules, with the Harris campaign (unsuccessfully) pushing for open microphones during the whole debate after Biden’s team favored turning candidates’ mics off when it is not their turn. Harris’ campaign put a policy page on her website only on Monday. For making it through the past 75 days of chaos, America now gets 55 days of unpredictability with little precedent in modern history.
Persons: Kamala Harris, Donald Trump, , , Jared Leopold, Joe Biden, Sen, JD Vance, Tim Walz, Robert F, Kennedy Jr, Harris, , Craig Snyder, Snyder, Haley, Nikki Haley, Matt Gorman, “ Kamala, Trump, Caitlin Legacki, Legacki, Biden, Walz, Harris ’, Richard Czuba Organizations: Trump, Minnesota Gov, Republican, Democratic, Democrats ’, Biden, Detroit, Michigan Locations: R, Ohio, Philadelphia, Pennsylvania, Covid, Gaza, Lansing, America
U.S. gymnast Jordan Chiles was stripped of her floor exercise bronze medal Sunday by the International Olympic Committee after a scoring inquiry was deemed invalid. Chiles is the only gymnast in history to be stripped of an Olympic medal for reasons other than age falsification or failed drug tests. The bronze medal debacle is the sport's most high-profile controversy since the 2000 Sydney Olympic Games, the site of the biggest scandal in Olympic gymnastics history. Jordan Chiles competes during the Women's Gymnastics Floor Routine final competition at the 2024 Paris Summer Olympics, at the Bercy Arena in Paris, on Aug. 5, 2024. The U.S. women's gymnastics team, which initially finished fourth in 2000, was awarded the bronze medal in 2010 after the Chinese team was disqualified.
Persons: Jordan Chiles, Chiles, Romania's Ana Bărbosu, Svetlana Khorkina, “ I’ve, , Kathy Kelly, Khorkina, Dmitry Lebedev, Andreea, Răducan, Simona Amânar, Raducan, Thomas Bach, Bach, ” Bach, Dong Fangxiao, Fangxiao's, Switzerland’s Fanny Smith, Germany’s Daniela Maier Organizations: International Olympic, Sport, Sydney Olympic Games, ESPN, Bercy, Kommersant, IOC, Swiss Federal Tribunal, Jordan, Beijing Winter Locations: Sydney, Paris, Soviet, Romania, Beijing, U.S
Many experts say short-term rentals, including Airbnbs, are part of the problem, restricting local housing supply and driving up prices. We took a look at three European hubs — Lisbon, Florence, and Amsterdam — that have imposed relatively strict regulations on short-term rentals. Cities have been worried about the impact of short-term rentals on housing costs for years. Instead of a blanket ban, Amsterdam caps the number of nights hosts can rent out their homes at 30 a year. In an increasingly tight housing market, the dominance of short-term rentals acts as an "amplifier," he said.
Persons: , Airbnb, Lisbon's, João Pereira dos Santos, Pereira dos Santos, Gregory W, Fuller, Florence, Florence's, Dario Nardella, Antonello Romano, Romano Organizations: Service, Business, New York, School of Economics, Finance, Queen Mary University of London, University of Groningen, Wall Street, University of Pisa Locations: Barcelona, Barcelona's, Spanish, New York, Tokyo, Vancouver, London, Paris, — Lisbon, Florence, Amsterdam, Lisbon, New York City, EU, Portugal, Netherlands, Venice
Market pricing on Wednesday morning suggested a 60% probability of a rate cut at the BOE's Aug. 1 meeting. That is far less conviction than traders had before the European Central Bank enacted its own rate cut at the start of June; while pricing for the U.S. Federal Reserve to cut for the first time in this cycle in September has hit 100%. watch nowIn both May and June, seven MPC members voted to hold, as two voted to cut by 25 basis points. Headline U.K. inflation spiked higher than in the U.S. and euro zone over the last two years, but has also cooled more quickly. "I would rather hold rates until there is more certainty that underlying inflationary pressures have subsided sustainably," Haskel said.
Persons: Mike Kemp, BOE, Jonathan Haskel —, , Haskel Organizations: of England, Bank of England's, European Central Bank, U.S . Federal Reserve, MPC Locations: City of London, U.S, BOE, U.K
"We will continue to have both bulls and bears because you have both sides who are talking about the uncertainty, increased uncertainty regarding the presidency," Stovall added. A 'Red Wave'? "It seems as if the greatest likelihood is a red wave," Stovall said. Trump trade hurt? To be sure, Sunday's announcement could pump the brakes on the so-called Trump trade seen since the late-June debate.
Persons: Joe Biden's, Biden, Kamala Harris, Sam Stovall, Trump, Stovall, it's, , PredictIt, Harris, CFRA's Stovall, Wells, Stephen Baxter, Baxter, Oppenheimer, Hogan, Riley, It's, Kim Forrest, Forrest, Fred Imbert Organizations: Trump, CFRA, Democratic National Convention, Republican, Democratic, Medicaid, Med Adv, Bokeh Capital Partners Locations: Friday's
So begins the 1981 Oscar-winning film “Chariots of Fire,” introducing a group of British athletes as they train for the Olympic Games. Based on the lives and gold-medal-winning performances of sprinters Eric Liddell and Harold Abrahams ahead of the 1924 Paris Olympics, “Chariots of Fire” won four Oscars – including Best Picture. Athletes and officials process during the Opening Ceremony of the 1924 Paris Olympics. “The film has got a way of really, really speaking to people … something much more than we envisaged or probably had been put into it. He went on to become an influential journalist, broadcaster and athletics administrator, and he remains one of only three British men to win the Olympic 100m title.
Persons: St Andrews, ” David Puttnam, , Eric Liddell, Harold Abrahams, Ronald Reagan, Joe Biden, , It’s, Liddell, Abrahams –, , Ian Charleson, Allan Wells, ” Eric Liddell, Firmin, Wells, Abrahams, Liddell’s, , , I’ve, they’ll, ” Sue Caton, He’d, ” John MacMillan, MacMillan, “ He’s, Robin Hood, ” Abrahams, ” Harold Abrahams, Ben Cross, Sam Mussabini, “ Harold Abrahams, Mark Ryan, ” Liddell’s, Ryan, Puttnam, Oscar, Tom McNab, Nigel Havers –, Andrew Lindsey –, we’d, … I’ve, ” Courage Organizations: CNN, Olympic Games, CNN Sport, Keystone, Hulton, Scottish, international, University of Edinburgh, Olympics, Topical Press Agency, Getty, Eric Liddell Community, Cambridge, AAA, Central Press, BBC, , Paris, ABC, Disney, Entertainment Locations: Scottish, St, Paris, Scotland, China, Asia, Moscow, Edinburgh, , St Andrews, England
While a surge in support for the left-wing New Popular Front (NFP) coalition foiled Marine Le Pen’s far-right National Rally (RN) party, French politics is now more disordered than it was before the vote. The NFP won 182 seats in the National Assembly, making it the largest group in the 577-seat parliament. And the RN and its allies, despite leading the first round, won 143 seats. Does that mean the NFP “won” the election? Now, it is the largest bloc in the French parliament and could provide France with its next prime minister.
Persons: Emmanuel Macron, Le, , NFP “, Jordan Bardella, Le Pen, , ” Bardella, Kevin Coombs, Macron, Publique, – Jean, Luc Mélenchon, Raphael Glucksmann, Emmanuel Dunand, Éduoard Philippe, France’s, Brigitte Macron, Mohammed Badra, Gabriel Attal’s, France Unbowed, Mario Draghi, Benito Mussolini Organizations: CNN, Front, NFP, National Assembly, Ensemble, , Reuters, Socialists, Getty Locations: Vichy, France, Paris, AFP, Le Touquet, , Italy
AdvertisementAyomikun Adekaiyero: The series does a great job of showing how this toxic masculinity among the men — particularly Aegon, Daemon, and Criston — escalates this conflict. I think he's a character that — don't get me wrong, I love Daemon — got a little bit muddied in season one. Ayomikun: Also, though I do believe both Aegon and Daemon want war for the wrong reasons, they're kind of right? Ayomikun: Criston and Aegon are really like that "It's always two dumb people telling each other exactlyyyyy" meme. Ayomikun: The fight was a truly brilliant scene, especially since we as the audience can't really tell which twin is which.
Persons: , Daemon Targaryen, Aemond, Lucerys Velaryon, Jaehaerys, Helaena, she's, Eammon Jacobs, Palmer Haasch, Ayomikun Adekaiyero, Caralynn Matassa, Theo Whitman, Palmer, Alicent, Otto, Phia, Criston, Tom Glynn, Carney, Rhaenyra, Tom, I've, Lucerys, Olivia, Rhaenys, Hugh Hammer, Ollie Upton, we've, Westeros, Hugh, Clinton Liberty, Abubakar Salim, Addam, Alyn, Corlys, it's, Poor, Ewan, It's, Daemon, She's, HBO Palmer, Jace, Baela, Ser Harwin, Bethany Antonia, Harry Collett, Hightower, Rhaenyra Rhaenyra's, Theo Whiteman, they're, Daemon —, Matt, Emma, Viserys, imbeciles, Arryk, Hand, Daeron, Erryk Organizations: Service, Aegon II, Business, Greens, Aegon, HBO, Costco Locations: Driftmark, Westeros, Westerostco, Hull, Aemond, King's, Alicent, Oldtown, Rhaenyra
The news will come with stocks on pace to close out a strong month that included all-time highs. Stocks are poised to end an impressive month of gains after some softer inflation data released earlier in May and stronger-than-expected corporate earnings revived investor exuberance in the market rally. On Friday, the 30-stock Dow was on pace to snap a five-week win streak, falling by 2% for the period. Pesky inflation, consumer weakness The April personal income and expenditures report, which includes the PCE inflation reading, could confirm the recent trend of cooling inflation. Pending Home Sales (April) Earnings: Costco Wholesale , Ulta Beauty , NetApp , Best Buy , Dollar General , Hormel Foods Friday, May 31 8:30 a.m.
Persons: Dow, Mike Dickson, Dickson, FactSet, Goldman Sachs, David Mericle, Steph, it's, Christian Mueller, Glissmann, Mueller Organizations: Dow Jones, Nasdaq, Horizon Investments, Fed, PCE, Robinhood, Costco Wholesale, Software, Dallas Fed, Richmond Fed, Hormel, Chicago PMI Locations: Chicago
Over the course of the season, Tyler and Hall have multiple discussions about their relationship and at least one steamy kiss. Here's everything we know about whether Tyler and Hall are dating after "Selling the OC" season three. AdvertisementTyler and Hall's sexual tension ramped up on 'Selling the OC' season 2Tyler Stanaland and Alex Hall on "Selling the OC." Season 3 is filled with more indecisionAlex Hall and Tyler Stanaland continue to test the waters of a relationship on "Selling the OC" season 3. Tyler Stanaland and Alex Hall on "Selling the OC."
Persons: , Tyler Stanaland, Alex Hall, Tyler's, Brittany Snow, Tyler, Terence Patrick, Gio Helou, Hall, Brandi Marshall, Polly Brindle, Polly, wouldn't, costars, Hall's, he's, flakiness, doesn't, it's, Tudum Organizations: Service, Group, Business, Hall, Netflix, Oppenheim Locations: Cabo, Fiji, Australia, San Diego, Nashville, Vegas, London, Italy
CNN —A mass fish die-off in a reservoir in southern Vietnam’s Dong Nai province has shone a new light on soaring temperatures in Southeast Asia. Fishermen have been working to wade through and collect the hundreds of thousands of dead fish that have blanketed the 300-hectare Song May reservoir amid a ferocious heatwave. Local media has suggested that as many as 200 tons’ worth perished after a failed attempt to renovate the reservoir, according to AFP. A fisherman deep in the reservoir collecting the dead fish surrounding him. Authorities are investigating the mass die-off as efforts continue to remove the dead fish, AFP said.
Persons: , Nghia, Tuoi Tre Organizations: CNN, Getty, AFP, Nghia, Authorities Locations: Dong Nai, Southeast Asia, Vietnam’s, AFP, Bom, Vinh Cuu
Trump himself has continued to lobby for absolute immunity, including before his appearance at a New York court where he’s on trial for business fraud. Dreeben told Barrett that the indictment against Trump is substantially about private conduct, meaning that a trial could proceed even if the Supreme Court finds some immunity for Trump’s official actions. Liberal justices weren’t impressed with Trump’s absolute immunity claimsIt was pretty clear where the court’s three liberals will be when the opinion lands. With arguments over, focus shifts to timing for decisionThe arguments about Trump’s immunity claim are over. In the immunity case, the court already helped Trump by denying the special counsel request last December to leapfrog the appeals court and resolve the question quickly.
Persons: Donald Trump’s, Jack Smith carte, Trump, John Roberts, Roberts, didn’t, he’s, ” Roberts, skeptically, ” Trump, John Sauer, Sauer, Amy Coney Barrett, Justice Elena Kagan, Brad Raffensperger, Raffensperger, , Justice Barrett, Barrett –, Barrett, Smith, ” Barrett, Michael Dreeben, Dreeben, weren’t, Sonia Sotomayor, Elena Kagan, Ketanji Brown Jackson, Kagan, , that’s, ” Kagan, Jackson, ” Jackson, “ I’m, Alito, they’d, ” Alito, , Ty Cobb, Mark Meadows, Rudy Giuliani, Richard Nixon, Gore, Katelyn Polantz, Hannah Rabinowitz, Holmes Lybrand Organizations: CNN, Trump, Appeals, DC Circuit, Georgia, Republican National Committee, Arizona, Justice Department, Trump isn’t Locations: New York, Arizona, Michigan , Georgia, Nevada, Michigan, Washington
When THR asked Marks to clarify whether his comments precluded a second season, he didn't immediately shut it down. AdvertisementBut Maria Gonzales, one of the show's editors, told ComicBook TV that the crew hadn't explicitly discussed a second season. AdvertisementOkay, so what could be the source material for a second season? At this point, it's impossible to tell where a second season would go. "Shōgun" season one is now available to stream in its entirety on Hulu.
Persons: , Rachel Kondo, Justin Marks, James Clavell's, Hiroyuki Sanada, Lord Toranaga, shōgun, Tokugawa Ieyasu, John Blackthorne, Cosmo Jarvis, Toranaga, Toda Mariko, Anna Sawai, there's, Marks, didn't, It's, we'd, Maria Gonzales, ComicBook, Gonzales, I'm, Clavell, Gai, Jin, They're, what's Organizations: Service, Hollywood, FX, Town Locations: Edo, Japan, Tokugawa, Shōgun, Hong Kong, Hulu
How the Federal Reserve plans to proceed with interest rates will be in focus next week after some recent signs of hotter inflation muddied the outlook. In December, policymakers had penciled in at least three quarter percentage point rate cuts in 2024. On Friday, stocks were headed for a losing week even after the S & P 500, for example, notched a fresh closing record just this week. The chipmaker will be under increased scrutiny next week as CEO Jensen Huang takes the stage for the company's annual AI conference. TD Wealth's Vaidya anticipates four rate cuts coming in the third and fourth quarters, though he said that outlook will remain data dependent.
Persons: Sid Vaidya, Jensen Huang, Lorie Logan, Molly McGown, McGown, Brian Nick, Wealth's Vaidya, Nick, Mills, , Samantha Subin Organizations: Federal Reserve, Fed, Nvidia, Dallas, TD Securities, Securities, McGown, Bank of America, Housing, Micron Technology, Philadelphia Fed, PMI, PMI Manufacturing, PMI Services SA, Nike, FedEx, Darden Locations: U.S, NAHB
Fed officials have said rate cuts are coming soon, but inflation must still cool further. Markets are placing the greatest odds on a rate cut in June, fed fund futures show. AdvertisementFederal Reserve officials have said interest rate cuts are coming this year, but there's not an exact date in their outlook just yet. Those expectations were little changed after Tuesday's inflation report, which showed CPI came in hotter than expected in February. Reducing our policy rate too soon could result in requiring further future policy rate increases to return inflation to 2 percent in the longer run."
Persons: , there's, CME's, Jerome Powell, " Neel Kashkari, Michelle Bowman, Patrick Harker, Raphael Bostic, John Williams, Christopher Waller Organizations: Service, Federal, Bank of America, Capital, Capital Economics, Labor
Can Gabriel Attal Win Over France?
  + stars: | 2024-02-23 | by ( Roger Cohen | ) www.nytimes.com   time to read: +1 min
Gabriel Attal, 34, is a new kind of French prime minister, more inclined to Diet Coke than a good Burgundy, at home with social media and revelations about his personal life, a natural communicator who reels off one liners like “France rhymes with power” to assert his “authority,” a favorite word. Since taking office in early January, the boyish-looking Mr. Attal has waded into the countryside, far from his familiar haunts in the chic quarters of Paris, muddied his dress shoes, propped his notes on a choreographed bale of hay, and calmed protesting farmers through adroit negotiation leavened by multiple concessions. He has told rail workers threatening a strike that “working is a duty,” not an everyday French admonition. He has shown off his new dog on Instagram and explained that he called the high-energy Chow Chow “Volta” after the inventor of the electric battery. He has told the National Assembly that he is the living proof of a changing France as “a prime minister who assumes his homosexuality.”
Persons: Gabriel Attal, Coke, , Attal, muddied, Chow Chow Organizations: National Assembly Locations: Burgundy, France, Paris
JPMorgan Chase is reshuffling its leadership team, a move that many consider a succession plan even though its longtime chief executive, Jamie Dimon, has signaled he’s staying put. Mr. Dimon, 67, has been head of what is now the largest bank in the United States for nearly two decades, and repeatedly brushed off suggestions that he might step aside. It said that Daniel Pinto, the bank’s chief operating officer and Mr. Dimon’s deputy, would no longer handle the bank’s daily operations. Ms. Piepszak, who co-heads JPMorgan’s massive consumer banking business, has long been seen as a potential candidate for the top job. Mr. Rohrbaugh had been one of the co-heads of the bank’s markets and securities business.
Persons: JPMorgan Chase, Jamie Dimon, he’s, Dimon, Daniel Pinto, Dimon’s, Pinto, ” Mr, Pinto’s, Jennifer Piepszak, Troy Rohrbaugh, Piepszak, Rohrbaugh Organizations: JPMorgan Locations: United States
New York CNN —Office work has become a far less rigid affair in the era of remote collaboration and hybrid schedules. (Just ask me, I’m writing this in bed while wearing a hoodie and yoga pants on a Monday afternoon.) But a lot of companies haven’t updated their scripts when it comes to delivering hard news to their employees. And in both cases, the fired employees funneled their anger toward a social media audience that would have their backs. “The comments were right — it was scripted … I just basically read it, it wasn’t sincere,” she says in her second apology video.
Persons: CNN Business ’, , that’s, Kyte Baby, , James Haggerty, Eva Rothenberg, ” Kyte, Ying Liu, Liu, , “ I’ve, Matthew Prince, ” Prince, “ There’s Organizations: CNN Business, New York CNN, Corporate, Times Locations: New York, America
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