JPMorgan Chase & Co (NYSE: JPM) CEO Jamie Dimon visited Detroit on Wednesday to mark the 10 years since JP Morgan’s $200-million investment in the city.
Ukraine has been at war with Russia for more than a year and a half and continues to face struggles to defend itself without financial help from other countries.
Ten years ago, Detroit was still recovering from the 2007/2008 Great Recession in which hundreds of thousands of people lost their jobs and Detroit’s biggest industry, the auto industry, was struggling.
A new trend is emerging by which companies are becoming more prone to making major investments — like outsourcing manufacturing — in like-minded countries.
Morgan Stanley (NYSE: MS) introduced its financial assistant powered by OpenAI’s generative AI software, marking Wall Street's entry into the generative AI domain.