Tag Archives: JP Morgan

The Associated Press reports: Regulators seized troubled First Republic Bank early Monday and sold all of its deposits and most of its assets to JPMorgan Chase Bank in a bid to head off further banking turmoil in the U.S. San Francisco-based First Republic is the third midsize bank to fail in two months. It is the second-biggest bank failure in …

The Daily Beast reports: Investment banking giant JPMorgan Chase has filed a $162.2 million lawsuit against Tesla and its founder, Elon Musk, for breach of contract. According to the complaint filed in Manhattan federal court, Tesla sold stock warrants to JPMorgan that would pay off if their “strike price” didn’t exceed Tesla’s share price when they expired in mid-2021. But …

Reuters reports: JPMorgan Chase & Co will resume making political donations to U.S. lawmakers but will not give to Republican members of Congress who voted to overturn President Joe Biden’s election victory, according to an internal memo on Friday seen by Reuters. The bank was among many corporations that paused political giving following the deadly Jan. 6 Capitol riots when …

The Washington Post reports: Amazon is diving into health care, teaming up with Warren Buffett’s Berkshire Hathaway and the New York bank JPMorgan Chase, to create a company that helps their U.S. employees find quality care “at a reasonable cost.” The business giants offered few details Tuesday and said that the project is in the early planning stage. “The ballooning …

“This new development at [JP Morgan] Chase of actively inquiring of every employee whether they support the LGBT community is an egregious invasion of privacy, one that has the potential to be used to punish and intimidate those who refuse to answer the question in the politically-approved way. Will the responses be covered in employee performance interviews? Will they be …

Former NOM chairman Robert George claims that JP Morgan Chase is threatening non-gay employees via a question reportedly added to its annual staff survey. According to Breitbart, the new question asks staffers to indicate if they are “an ally of the LGBT community, but not personally identifying as LGBT.” This employee was alarmed to receive the final question. If he …