JPMorgan Chase CEO Jamie Dimon on Monday said the U.S. government is inefficient and in need of work as the Trump administration terminates thousands of federal employees and works to dismantle agencies including the Consumer Financial Protection Bureau. Dimon was asked by CNBC’s Leslie Picker whether he supported efforts by Elon Musk’s Department of Government…
Fabrics outlet Joann will shutter all of its approximately 800 locations after failing to find a buyer who would keep its stores open. In a statement, the company said it would commence nationwide going-out-of-business sales as a stipulation of the group that won its assets at auction. ‘JOANN leadership, our…
Denny’s is the latest nationwide restaurant chain to announce surcharges for meals that include eggs in response to a nationwide shortage that has sent U.S. prices skyward. In a statement, the breakfast giant said that individual markets and restaurants would be responsible for deciding the surcharge price. It declined to…
Direct-to-consumer footwear brand Rothy’s just recorded its best year on record after the company appointed retail veteran Jenny Ming, one of the co-founders of Old Navy, as its CEO. Ming took the helm of the flats maker from co-founder Stephen Hawthornthwaite in January 2024. Under her direction, the company grew sales…
Some 7,000 people have died since January in fighting in eastern Democratic Republic of Congo (DRC), its prime minister told a high-level meeting of the Human Rights Council in Geneva on Monday. Some 450,0000 people are without shelter after 90 displacement camps were destroyed, Judith Suminwa Tuluka added. The M23’s…
Germany’s political system is set up to exclude extremists. Yet the country is waking up to a new political reality that has lurched to the right with the once outcast Alternative for Germany (AfD) party now firmly established in German politics. The country’s mainstream conservatives, as polls predicted, won the…
The Israeli military this weekend deployed tanks to the occupied West Bank for the first time in two decades. In the background of a Gaza ceasefire, Israel has steadily escalated an intense military operation in Palestinian cities in the West Bank, killing dozens and displacing tens of thousands of residents.…
China and Russia “cannot be moved away” from one another, Chinese leader Xi Jinping told his counterpart Vladimir Putin on Monday, in their first phone call since US President Donald Trump upended American foreign policy with a sweeping pivot toward Moscow as he pushes for peace in Ukraine. The call,…
Early on October 18, 2024, police in Wales police received a phone call from a member of the public. It was the start of a mystery that remains unsolved four months later. There was a body in the water of the Claerwen Reservoir, the caller said, according to a statement…
Editor’s Note: This article contains distressing details from the outset. The numbers involved in France’s largest child abuse trial are staggering: 299 alleged victims, sexually abused in 10 hospitals and clinics over 25 years – all by one doctor, prosecutors say. As the court case began Monday in Morbihan, Brittany,…