Wednesday, March 23, 2022

Jamie Dimon to Joe Biden: We need a 'Marshall Plan' for US and European energy security

JPMorgan Chase CEO Jamie Dimon urged President Joe Biden in an off-the-record meeting this week to develop a "Marshall Plan" to fortify the energy security of the United States and Europe, a person familiar with the matter confirmed to CNN Wednesday.
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Jamie Dimon to Joe Biden: We need a 'Marshall Plan' for US and European energy security
JPMorgan Chase CEO Jamie Dimon urged President Joe Biden in an off-the-record meeting this week to develop a "Marshall Plan" to fortify the energy security of the United States and Europe, a person familiar with the matter confirmed to CNN Wednesday. Read more »
 
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Oil climbs 5% after Russia warns of prolonged pipeline outage
Oil prices rose sharply Wednesday after Russia warned a major oil pipeline could be out of service for more than a month due to storm damage, amplifying supply shortfalls caused by the war in Ukraine. Read more »
 
Wall Street bonuses hit record high
Wall Street firms have figured out a way to beat inflation for their employees: Just hike annual bonuses to record amounts. Read more »
 
Nestlé pulls KitKat, Nesquik and other brands from Russia
Following criticism from Ukraine's president over Nestlé's ties to Russia, the company is halting the sale of more of its brands in the country. Read more »
 
General Mills is struggling to deliver pizza and dough to supermarkets
If you've found yourself struggling to find Pillsbury dough or Totino's pizza rolls lately, it's not you. It's General Mills. Read more »
 
 
 
 
Dow Nasdaq S&P
-448.96   -186.21   -55.37
34,358.50   13,922.60   4,456.24
-1.29%   -1.32%   -1.23%
YTD -5.45%   YTD -11.01%   YTD -6.50%
 
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Hess Corp +4.56%
 
Newmont Corporation +3.79%
 
Marathon Oil Corp +3.73%
 
CF Industries Holdings Inc +3.59%
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Resmed Inc -8.65%
 
Centene Corp -5.84%
 
Charles River Laboratories International Inc -5.64%
 
Teleflex Inc -5.15%
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Oil $114.29 +5.02 / +4.59%
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10-yr 2.32% -0.05
Euro $1.10 -0.00 / -0.17%
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