Jamie Dimon said that he and Elon Musk settled their differences. This seemingly concluded their row, sparked by a legal fight between JPMorgan and Tesla.
At current trends the charity Oxfam predicts up to five trillionaires are expected to emerge within the next decade.
"We actually no longer call it EV. We call it EIV. 'I' stands for intelligent," Pan Jian, a cochair of CATL, told a WEF panel in Davos, Switzerland.
Davos newsletter! For Gary Cohn, Davos 2025 must feel like déjà vu. “Even when I was there eight years ago, there was always a heavy debate on tariffs,” President Donald Trump’s former top economic adviser and the current vice chairman of IBM told Bloomberg TV.
The value of Tesla’s brand dropped for a second straight year, according to research and consulting firm Brand Finance.
A change in the H-1B visa policy for highly skilled professionals from India under Trump 2.0 would be "fantastic" for the US as it needs them, American economist Kenneth Rogoff told NDTV at the World Economic Forum (WEF) meeting in Davos.
JPMorgan Chase CEO Jamie Dimon and Tesla chief Elon Musk, once adversaries in a prolonged legal battle, have settled their differences, the banker told CNBC in an interview on Wednesday.
"Elon and I hugged it out," Dimon told CNBC in a TV interview at the World Economic Forum's annual event in Davos, Switzerland. "He came to one of our conferences, [and] he and I had a nice, long chat. We settled some of our differences."
A leading NGO warned Monday of an emerging "aristocratic oligarchy" with massive political clout and primed to profit from Donald Trump's presidency, as global elites descend on Davos for their annual confab.
Trump's second presidency dominated proceedings at the World Economic Forum amid ominous warnings over the looming threat of trade tariffs and his decision to pull the United States out of the Paris climate agreement.
Adept White House legal maneuvering is shielding the new Department of Government Efficiency from Freedom of Information Act transparency regulations and sidestepping onerous federal staffing laws—providing maximum political and operational flexibility to President Donald Trump and Elon Musk, leader of the “DOGE” initiative.
Dimon’s credibility with markets is rooted in his actions in advance of the 2008 recession: He noticed that underwriting standards on Wall Street were declining and instructed his firm to trim its exposure to subprime mortgages beginning in late 2006. That helped JPMorgan avoid the worst of the crisis.