Jamie dimon

New York (CNN Business) New York Mayor Eric Adams is begging the city's business leaders, including JPMorgan CEO Jamie Dimon , to ride the subway to work. Adams is pushing to bring people back to New York offices after years of working from home. "We're going to get him on a train," Adams told the Financial Times in an interview . "We're going to get everyone on the train. He understands the need of getting his people back and leading from the front." JPMorgan ( JPM ) didn't immediately respond to CNN Business' request for comment. Adams is trying to corral workers back to offices just as the city elevated its Covid-19 status to "High" on Tuesday. That means the city is experiencing "high community spread" resulting in "substantial pressure" on the city's health care system, according to the health department. "We're telling our corporate leaders: 'Hey, get on the train!'" Adams said in the interview. "We need to advertise that New … [Read more...] about New York Mayor Eric Adams wants Jamie Dimon to ride the subway to work

File image of JP Morgan CEO Jamie Dimon (Image: Reuters) Only 31% of votes cast in a shareholder advisory referendum on Tuesday supported JPMorgan Chase & Co in its special $52.6-million award last year to CEO Jamie Dimon to stay on the job for at least five more years. The preliminary count announced at the meeting is an unusual rebuff from shareholders. While say-on-pay votes are only advisory and Dimon, 66, is expected to keep the award regardless, they are closely followed as a test of investors’ attitudes toward executive pay. Average support for pay packages at S&P 500 companies was 88.3% in 2021, down from 89.6% in 2020 and 90% in 2019, according to consulting firm Semler Brossy. This year two major advisory firms, from which investors take their cue when voting, had recommended that they vote “no” in JPMorgan’s vote because of the special award. Close The extra award dished out in July was the most significant change in usual Dimon’s annual … [Read more...] about JPMorgan shareholders reject special $52.6-million payout to CEO Jamie Dimon

Manchester City still have the destiny of the Premier League title in their own hands after a 2-2 draw at West Ham. LONDON: Manchester City came from 2-0 down to salvage a vital point in a 2-2 draw at West Ham to keep the Premier League title in their hands as Tottenham moved into the top four on Sunday. City travelled to the London Stadium knowing they needed a maximum of four points from their final two games of the season to guarantee a fourth title in five years. However, the Hammers took full advantage of City's injury crisis at the back as the pace and poise of Jarrod Bowen put Liverpool right back in the title race. Pep Guardiola was without Ruben Dias, John Stones and Kyle Walker and a makeshift defence was easily cut open on the counter-attack. Bowen burst onto Pablo Fornals' ball over the top to round Ederson and put City behind in a league game for the first time since February. City did not learn their lesson as Bowen broke the offside trap once more in the … [Read more...] about Man City comeback keeps title in their hands, Tottenham into top four

Share to Twitter Share to Linkedin Whether you’re a manager at a company with 3,000 employees or three, something that leaders across industries have learned in the past two years is that giving employees more flexibility is key to retention and recruiting of new hires. The pandemic forced the majority (~70%) of the US workforce to adapt in a plethora of different ways to keep everyone healthy while still continuing to work efficiently. Companies that previously had 0% of their employees working remotely had to figure out how to seamlessly transfer all operations to a 100% digital environment. While obviously a ton of bad things came from the pandemic, that’s not to say there weren’t learnings and lessons discovered across the board. The reality is that more talent in every part of the country, and the world, now has access to greater opportunities because of the increased normalization of remote work. Gone are the days where you have to live in San Francisco … [Read more...] about 30 Executives’ Perspectives On Remote, Hybrid, And In-Office Work

Share to Twitter Share to Linkedin In the late hours Sunday into early Monday morning, the full moon will slip into Earth’s shadow, creating a total lunar eclipse that will tinge the night sky satellite with a reddish hue — this is what gives the phenomenon the nickname “blood moon.” But this time scientists suspect that the celestial event will produce a moon that looks more deep red than normal, thanks to a powerful event that happened not too long ago here on Earth. MORE FROM FORBES Exactly When To See This Weekend's Stunning 'Blood Moon' Total Lunar Eclipse From Every U.S. State By Jamie Carter In January, an underwater volcano erupted in the South Pacific near the uninhabited island of Hunga Tonga-Hunga Ha‘apai . The plume from the eruption was catapulted high into the atmosphere, reaching up to 36 miles in altitude. According to NASA, it’s likely the highest plume captured in the satellite era. “The intensity of this … [Read more...] about The ‘Blood Moon’ Total Lunar Eclipse Could Be Bloodier Than Normal

Share to Twitter Share to Linkedin Coachella, the long dominant festival which opened the season each year has been involuntarily dormant for three years, since the oncoming Covid-19 pandemic forced it to cancel in April 2020. The last iteration of Coachella played in 2019, when Billie Eilish and Lizzo killed on secondary stages and the world had no inkling of the trouble lurking just beyond the horizon. This year Billie Eilish headlined Saturday nights, while Harry Styles headlined Friday and The Weeknd in collaboration with Swedish House Mafia closed out the Sunday shows. By a quirk of circumstance, Coachella was one of the last festivals to return, after others started running at scale beginning with Rolling Loud Miami in July, 2021. So, the question this year was not what would Coachella do to set the standard, rather it was what could Coachella bring which hadn’t already played at Rolling Loud, BottleRock, Outside Lands, Lollapalooza, Hard Summer, or … [Read more...] about Coachella Returns With A Vengeance

Share to Twitter Share to Linkedin So goes California, and so typically goes the country. And the North American automotive industry along with it. That's possibly the case with California and its battle over data. There is no question the automotive manufacturers want data from hundreds of sensors for a multitude of reasons ranging from warranty reduction, repair prognostics, machine learning of safety-related systems and, yes, advertising revenue. As the former CEO of Ford, Mark Fields, announced to the world in 2016 , "As our vehicles become part of the Internet of things and as consumers give permission to us to collect that data, we'll also become an information company. Our differentiator will be how we use that data to satisfy our customers in ways that they never thought possible in their lives." In fact, it's projected by 2023 that worldwide sales of connected vehicles will surpass 76 million units (70% globally, 90% in the United States) with … [Read more...] about Privacy Battle Over Connected Cars Takes An Interesting Turn In California

Philippines’ Eric Cray (R) competes in the men’s 400m hurdles final during the 31st Southeast Asian Games (SEA Games) in My Dinh National Stadium, Hanoi on May 17, 2022. (Photo by Ye Aung Thu / AFP) HANOI—Team Philippines’ gold machine churned at a slower pace on Tuesday, but performances by the national athletes bore promises of more triumphs to come in the 31st Southeast Asian (SEA) Games here. Eric Cray rose to the occasion and scorched the opposition in the 400-meter hurdles to win the gold at My Dinh National Stadium. It was Cray’s seventh career gold medal in the biennial meet—and he isn’t done yet. “I feel that I still got one more left in me,” said Cray. He will go for that one on Wednesday when he chases the century dash gold. After which, he will set his goals on something a bit farther down the road. “He’s gonna give [the Olympics] another go,” said wife and coach Samantha of the 2016 Rio de Janeiro Olympian who was nursing a pulled right hamstring three weeks … [Read more...] about Team Philippines collects four gold medals; Cray rules 400m hurdles anew