JPMorgan Chase profits sink 70 percent

JPMorgan Chase reported a profits fall of nearly 70% in the first quarter of 2020 as the coronavirus ravaged the US economy. CEO Jamie Dimon said he sees the economy worse before they get better. The bank has set aside almost $6.8 billion in anticipation of massive loan defaults as restaurants and other small businesses remain shuttered.

JPMorgan Chase profits sink 70 percent

Volunteer in AstraZeneca COVID-19 clinical trial dies but trial continues

US auto sector in slump but Tesla post fifth straight qtr of higher net profits

OxyContin maker Purdue Pharma to plead guilty to 3 criminal charges: DoJ reports

Coronavirus: British Airways owner IAG downgrades outlook as pandemic hits demand

Google accused of monopoly by US in largest lawsuit in two decades

Tesla stock higher after ’best quarter’ ever for the Silicon Valley car maker

Fed’s Beige Book finds limited pace of economic growth in early October

Pelosi ’Optimistic’ of Stimulus Agreement With the White House Before the Weekend

California theme parks could seek legal action to speed up reopening

Mozilla rightly fears ’collateral damage’ in Google antitrust case

UK govt borrowing hits £36bn in Sep. as it in on spending spree to boost economy

Apollo board to review CEO Black’s ties with Epstein

Snap shares jump 23% as Snapchat user growth and revenue beat estimates

Everything Coming To Netflix In November And What To Watch

Cathay Pacific cuts 8,500 jobs

Chinese smartphone brand Vivo jumps in EU’s crowded mobile market

As Tropical Spots Reopen, Here’s What You Need to Know

Disneyland and larger theme parks in California to continue to remain closed

Netflix subscriber addition pace slows after surging during lockdown

Berkshire Hathaway settles alleged Iran sanctions violations for $4.1 million

Apple’s MagSafe Charger suggests a confusing future for wireless power

Heathrow launches rapid Covid-19 test service for travelers flying to HK & Italy

What are you doing during a Zoom meeting? Buzzfeed believes you are doing this..

UK job losses ’could be larger than forecast’

GM to invest over $2bn in US manufacturing to increase EV production