Jamie Dimonthe CEO of JPMorgan Chase & Co. (NYSE:JPM)has brought Todd Kammen on board. What happened: Combs, formerly an investment manager for Warren Buffett bee Berkshire Hathaway Inc. (NYSE:BRK)will lead a new $10 billion group at JPMorgan. Combs, once seen as a potential successor to Buffett, will also serve as a special advisor to Dimon. […]
It was an eventful week in the business and political world. Here’s a quick look at the top stories you may have missed. Trump’s ‘Liberation Day’ tariffs are counterproductive, the silence in China speaks volumes Nobel Prize-winning economist Paul Krugman has warned that the “Liberation Day” tariffs were imposed by the former president Donald Trump […]
President Donald Trump‘China’s government is likely to take stakes in more companies as a result of China’s latest rare earth export restrictions,’ says finance minister Scott Bessant said Wednesday. Bersent told CNBC said it “wouldn’t be surprised” if the US bought shares in other companies, but only in strategic sectors. “When we get an announcement […]