Bank of America has agreed to pay $72.5 million to settle a proposed class action lawsuit alleging the bank facilitated financier Jeffrey Epstein’s sex trafficking operation, according to a Manhattan federal court filing released Friday evening.The deal, which requires sign-off from a judge, would pay “all women who were sexually…
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Jamie Dimon continued his crusade against remote work this week, launching another verbal barrage against the Zoom legions. Loading audio narration… Working-from-home gurus told Business Insider that JPMorgan’s CEO made some good points — but didn’t justify a full return to the office.Dimon told the Hill and Valley Forum in Washington, D.C. on Tuesday that WFH simply “doesn’t work” for many younger employees, as they require in-person training from more senior colleagues.”They learn by going…
The British Pound (GBP) holds firm during the North American session on Friday, clings above…
ING’s Deepali Bhargava warns that higher Oil prices and supply disruptions are worsening growth, inflation…
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All of that conquering is starting to stretch Claude thin.Earlier this week, Anthropic adjusted its usage limits for Claude free, Pro, and Max subscribers. While weekly limits don’t change, it means users will approach their cap more quickly when they are using Claude during peak hours, which Anthropic defines as…
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BlackRock CEO Larry Fink discussed possible Social Security reforms that would allow more Americans to benefit from the growth in the stock market while also ensuring the program is strengthened so it can survive to serve future generations. Fink’s recently released annual chairman’s letter touched on how Social Security is “one…
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Ford CEO Jim Farley says cars with three pedals and a stick shift still have a sacred place in the Detroit automaker’s lineup.”We offer manual because some people really love driving them. They love being connected to the car,” Farley said in a statement Ford shared exclusively with Business Insider.Farley’s…
