Multiple reports have revealed that JPMorgan Chase CEO Jamie Dimon has been communicating with President-elect Donald Trump in recent months through secret back channels, helping Trump with advice on his policy-agenda.
Read More Report: Donald Trump Has Been Secretly Discussing WH Agenda With JPMorgan CEO Jamie Dimon For MonthsTag: CNBC
OpenAI allows employees to sell $1.5 billion stock to SoftBank, sources say
SoftBank’s billionaire CEO Masayoshi Son has been persistent in seeking a larger stake in the startup after investing in the last funding round.
Read More OpenAI allows employees to sell $1.5 billion stock to SoftBank, sources sayComcast Announces $7B Spin Off Of Cable Channels MSNBC, CNBC, USA
Comcast has officially announced a plan to spin off cable channels, including MSNBC, CNBC, USA, E!, and more into a new publicly traded company.
Read More Comcast Announces $7B Spin Off Of Cable Channels MSNBC, CNBC, USATarget Reports Largest Earnings Miss In 2 Years
Target reported earnings Wednesday that came in well below Wall Street’s expectations, which the big retail chain blamed on slower than expected demand.
Read More Target Reports Largest Earnings Miss In 2 YearsDelta Sues CrowdStrike Following July Outage That Cost Them $500M
Delta Airlines has filed a lawsuit against CrowdStrike following a global outage in July that cost them over $500 million.
Read More Delta Sues CrowdStrike Following July Outage That Cost Them $500MReport: Former Abercrombie & Fitch CEO Arrested On Sex-Trafficking Charges
The former CEO of Abercrombie & Fitch has reportedly been arrested on sex trafficking charges brought by federal prosecutors in New York.
Read More Report: Former Abercrombie & Fitch CEO Arrested On Sex-Trafficking Charges