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Monthly Archives: January 2023

JPMorgan Chase (JPM) earnings 4Q 2022

Jamie Dimon, CEO of JPMorgan Chase, testifies during the Senate Banking, Housing, and Urban Affairs Committee hearing titled Annual Oversight of the Nations Largest Banks, in Hart Building on Thursday, September 22, 2022. Tom Williams | CQ-Roll Call, Inc. | Getty Images JPMorgan Chase is scheduled to report fourth-quarter earnings …

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A stablecoin collapse could spill into U.S. bond market: Academic

The near $1.4 trillion collapse of the crypto market in 2022 didn’t make a dent to traditional assets like stocks or to the real economy. But one academic has warned that the failure of a major stablecoin could have an impact on the U.S. bond market, marking a potential new …

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Jim Cramer says Disney should allow Nelson Peltz to join its board

CNBC’s Jim Cramer on Thursday called on Disney to give activist investor Nelson Peltz a seat on its board. “It’s the board, the stewards, who haven’t done a good job. Not the shareholders, and not Peltz. Now someone like Peltz, who’s been tremendously successful, wants to join them and they …

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Professors urge Supreme Court to reject student loan forgiveness lawsuit

Activists hold a student loan forgiveness rally near the White House on April 27, 2022. Anna Moneymaker | Getty Images News | Getty Images Although they call President Joe Biden’s student loan forgiveness plan “unlawful,” two university law professors are urging the Supreme Court to reject the legal challenges that …

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South Koreans are the world’s biggest spenders on luxury goods

Handbags displayed in a Chanel SA store window at the Avenuel department store, operated by Lotte Shopping Co Ltd., in Seoul, South Korea, on Tuesday, Dec. 14, 2021. SeongJoon Cho | Bloomberg | Getty Images Whether it’s calf-leather Italian Prada bags or classic, checkered British Burberry trench coats, South Koreans …

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AEW has interest in merging with WWE

WWE Chairman and CEO Vince McMahon speaks at a news conference announcing the WWE Network at the 2014 International CES in Las Vegas. Getty Images All Elite Wrestling, a professional wrestling league owned by the Khan family, is interested in merging with World Wrestling Entertainment, according to people familiar with …

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Exxon predicted global warming with remarkable accuracy: study

Gas prices are displayed at an Exxon gas station on July 29, 2022 in Houston, Texas. Brandon Bell | Getty Images Three academics from Harvard and the University of Potsdam in Germany published a study in the journal Science on Thursday providing evidence that Exxon Mobil, the oil and gas behemoth …

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Cramer’s lightning round: I like Entegris

Entegris Inc: “I like Entegris. It’s very out of favor, it’s got a little too high multiple, but it does a lot of nuts and bolts that you need to make semis, so that’s okay by me.” Henry Schein Inc: “I like the company. It’s very plain vanilla, nothing really …

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3 ways to know you’re meditating the right way

Research consistently bears out that mediating a few minutes a day has significant benefits; it can increase your attention span, reduce feelings of loneliness, and decrease anxiety.   Plus, unlike a yoga class or a wellness retreat, meditating is free.  Still, only about 11% of Americans meditate, according to a report by …

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Apple CEO Tim Cook receives a 40% pay cut after shareholder vote

Tim Cook, chief executive officer of Apple Inc., speaks during a “First Tool-In” ceremony at the TSMC facility under construction in Phoenix, Arizona, on Tuesday, Dec. 6, 2022. Caitlin O’Hara | Bloomberg | Getty Images Apple CEO Tim Cook will receive a pay cut in 2023 to $49 million in …

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