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JPMorgan to bring back more traders to office next week: source

JPMorgan Chase & Co plans to start returning more traders and sales staff to its Manhattan headquarters starting next week with volunteers, a source familiar with the matter said on Monday.Roughly 20% of the bank's sales and trading staff have worked at its New York office throughout the coronavirus pandemic. Starting on June 22, the bank will... Read more...
 

Stocks rebound on Fed debt program, oil recovers

A gauge of global equities rebounded on Monday after the Federal Reserve widened its program of buying corporate debt, while crude oil rose on signs fuel demand is recovering and as investors grapple with how to assess the economic reopening.
Stocks rebound on Fed debt program, oil recoversStocks rebound on Fed debt program, oil recoversStocks rebound on Fed debt program, oil recovers
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Oil prices rise 2% on optimism around OPEC+ output pact

Oil prices rose more than 2% on Monday as signs that fuel demand was recovering, while OPEC+ members were complying with a production cut deal, outweighed fears that new coronavirus infections could further slow the global economy.
Oil prices rise 2% on optimism around OPEC+ output pactOil prices rise 2% on optimism around OPEC+ output pactOil prices rise 2% on optimism around OPEC+ output pact
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Tesla negotiating incentives for possible Texas vehicle assembly plant, report says

Electric carmaker Tesla Inc is negotiating possible incentives with a Texas county that could bring a new auto assembly plant to the area near Austin, the state capital, the Austin American-Statesman reported on Monday.
Tesla negotiating incentives for possible Texas vehicle assembly plant, report saysTesla negotiating incentives for possible Texas vehicle assembly plant, report saysTesla negotiating incentives for possible Texas vehicle assembly plant, report says
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IAG's Walsh rejects lawmakers' criticism over British Airways plan

British Airways is fighting for its survival and has acted lawfully, Willie Walsh, the chief executive of the airline's owner IAG said on Monday, in a terse response to lawmakers who heavily criticised its treatment of employees.
IAG's Walsh rejects lawmakers' criticism over British Airways planIAG's Walsh rejects lawmakers' criticism over British Airways planIAG's Walsh rejects lawmakers' criticism over British Airways plan
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