The Stripe logo on a smartphone with U.S. dollar banknotes in the background. Budrul Chukrut | SOPA Images | LightRocket via Getty Images Major investment firms are upping their stakes in digital payments firm Stripe ahead of an eventual public listing, the Wall Street Journal reported Monday. Capital Group, Sequoia Capital, Shopify and Silver Lake all bought […]
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Bank of America CEO Brian Moynihan on Monday detailed the financial firm’s approach to bringing employees back to the office, telling CNBC that those who have received the coronavirus vaccine are the priority for now. In an interview on “Squawk Box,” Moynihan said Bank of America began to ask staff whether they had received a Covid […]
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WASHINGTON — President Joe Biden issued a warning to Russian President Vladimir Putin ahead of their Wednesday summit that the death of jailed Russian opposition leader Alexei Navalny would hurt Russia’s relationships with the rest of the world. “Navalny’s death would be another indication that Russia has little or no intention of abiding by basic […]
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Jamie Dimon, chief executive officer of JPMorgan Chase & Co. Marlene Awaad | Bloomberg | Getty Images Jamie Dimon believes cash is king – at least for the time being. JPMorgan Chase has been “effectively stockpiling” cash rather than using it to buy Treasuries or other investments because of the possibility higher inflation will force […]
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U.S. President Joe Biden attends a meeting with NATO Secretary General Jens Stoltenberg during a NATO summit, at the Alliance’s headquarters in Brussels, Belgium, June 14, 2021. Stephanie Lecocq | Reuters WASHINGTON — NATO members vowed to address a range of traditional and evolving security challenges, including several posed by China, in a joint statement […]
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