JPMorgan Restricts Private Credit Lending After Loan Markdowns Bloomberg

Car shoppers are descending on showrooms. Automakers are speeding up shipments of new vehicles. Dealers are huddling with their rivals to exchange ideas on how best to cope.

A former hedge fund manager was charged by Manhattan federal prosecutors with defrauding several Harvard Business School classmates and others in his social circle of more than $4 million.

JPMorgan Chase & Co. Chief Executive Officer Jamie Dimon called out slow bureaucracy in Europe in a warning that a “weak” continent poses a major economic risk to the US.