JPMorgan Chase CEO: US headed for "bad recession" but can emerge from coronavirus crisis stronger
Jamie Dimon said the U.S. economy is headed for a "bad recession," but reinforced the bank.....»»
JPMorgan CEO Dimon calls "bad recession", mulls suspending 2020 dividend
JPMorgan Chase & Co's top boss Jamie Dimon on Monday said he sees a "bad recession" in 2020, and that the largest U.S. bank could suspend its dividend if the coronavirus crisis deepens......»»
Neiman Marcus eyes Sunday bankruptcy filing
All of Neiman Marcus' stores have been shut since March 17 due to the coronavirus pandemic. Neiman Marcus is hoping its status as a luxury brand will help it emerge from the crisis a leaner and stronger company......»»
Virgin Australia enters voluntary administration with aim to recapitalise
Virgin Australia Holdings Ltd said on Tuesday it entered voluntary administration to recapitalise the business and emerge in a stronger financial position after being battered by the coronavirus crisis and a high debt load......»»
Two big U.S. banks offer glum outlook for coronavirus recession
The main things investors wanted to learn from first-quarter results by JPMorgan Chase & Co and Wells Fargo & Co on Tuesday was just how bad the coronavirus recession is going to get and how long it will take to get back to normal......»»
JPMorgan posts lowest profit since 2013 as it braces for a coronavirus-fueled recession
Getty/Win McNamee JPMorgan Chase reported first-quarter earnings Tuesday that fell short of analysts' expectations. The bank's net revenue fell 3%, while earnings per share plunged more than .....»»
JPMorgan"s posts lowest profit since 2013 as it braces for a coronavirus-fueled recession
Getty/Win McNamee JPMorgan Chase reported first-quarter earnings Tuesday that fell short of analysts' expectations. The bank's net revenue fell 3%, while earnings per share plunged more than .....»»
The coronavirus pandemic "creates an opportunity" for business, Levi Strauss CEO says
"I fundamentally believe, through this crisis, strong brands are going to emerge from this stronger than ever," Levi Strauss CEO Chip Bergh said......»»
Cities that went all in on social distancing in 1918 emerged stronger for it
On April 2, the day that coronavirus infections around the globe hit 1 million, managers inside JPMorgan Chase & Co. were emailing their latest plans for staffing New York-area trading floors amid... To view the full story, click the title link......»»
Deep Dive: These bargain bank stocks may emerge from the coronavirus crisis as big winners
Banks got slaughtered during the Great Recession, but they’re now more resilient......»»
Jamie Dimon tells shareholders he expects the coronavirus to cause a "bad recession" and "financial stress similar to the global financial crisis," at a minimum (JPM)
Brian Snyder/Reuters Jamie Dimon's annual letter to JPMorgan shareholders was pu.....»»
JPMorgan CEO Dimon does not rule out suspending 2020 dividend due to coronavirus crisis
JPMorgan Chase & Co could consider suspending dividend for 2020 due to the ongoing coronavirus crisis, Chief Executive Officer Jamie Dimon said on Monday, even as the bank rolled out relief measures for customers and small businesses......»»
Capitol Report: China will emerge from the coronavirus crisis stronger than the U.S., experts warn
The coronavirus pandemic gripping the globe may have its origins in China, but experts say that current trends indicate the crisis will leave it in a much stronger position geopolitically relative to the United States......»»
World stocks set for worst weekly slump since 2008 as pandemic fears intensify
World share markets were headed for their worst week since the depths of the 2008 financial crisis as investors ditched risky assets on fears the coronavirus would become a pandemic and trigger a global recession......»»
World stocks set for worst week since 2008 as virus stokes recession fears
World share markets were headed for the worst week since the depths of the 2008 financial crisis as investors ditched risky assets on fears the coronavirus would become a pandemic and trigger a global recession......»»
JPMorgan Now Sees 60% Odds Of A Recession
It was just one month ago that JPM's quant Marko Kolanovic, who was especially bullish headed into the close of what proved to be the worst year for capital markets since the financial crisis, realized that his predictio.....»»
Market Extra: Federal stimulus is a ‘lifeline’ for communities whacked by the corona-crisis, as scars of 2008 linger
Communities across the country are taking the lessons from the Great Recession to heart as they dig out from the financial mess left by the coronavirus pandemic......»»
MarketWatch: Federal stimulus is a ‘lifeline’ for tourist towns whacked by the corona-crisis, as scars of 2008 linger
Communities across the country are taking the lessons from the Great Recession to heart as they dig out from the financial mess left by the coronavirus pandemic......»»
5 takeaways for business leaders to survive the next recession or disruption
Business leaders can survive the next recession by assessing their company’s position, planning for bumps, and looking out for opportunities. The novel coronavirus pandemic spurred a profound humanitarian, public health, and economic crisis......»»
5 takeaways for business leaders to survive the next recession or disruption
Business leaders can survive the next recession by assessing their company’s position, planning for bumps, and looking out for opportunities. The novel coronavirus pandemic spurred a profound humanitarian, public health, and economic crisis......»»
Disney"s parks will emerge stronger post-pandemic, says JPMorgan
See the rest of the story here. Theflyonthewall.com provides the latest financial news as it breaks. Known as a leader in market intelligence, The Fl.....»»