By David Henry NEW YORK (Reuters) – JPMorgan Chase & Co Chief Executive Officer Jamie Dimon will not get a raise in his annual pay and will receive $31.5 million for his work in 2020, the bank said on Thursday. Dimon’s...
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Biden administration pauses federal drilling program in climate push
By Nichola Groom and Jennifer Hiller (Reuters) – U.S. President Joe Biden’s administration has temporarily suspended oil and gas permitting on federal lands and waters in the latest of a series of rapid-fire orders aimed at...
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CFTC chair steps down, academic Chris Brummer in lead to replace him: sources
By Jarrett Renshaw, Karen Brettell and Michelle Price WASHINGTON (Reuters) – Heath Tarbert stepped down as Commodity Futures Trading Commission (CFTC) chair on Thursday, with Georgetown University academic Chris Brummer emerging as...
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Exclusive: Air taxi start-up Joby explores deal to go public – sources
By Joshua Franklin and Anirban Sen (Reuters) – Electric passenger aircraft developer Joby Aero Inc is exploring a deal to go public through a merger with a blank-check acquisition firm at a valuation of around $5 billion, according...
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Trump resort revenue sank as pandemic spread: financial disclosure
By Pete Schroeder WASHINGTON (Reuters) – Some of former President Donald Trump’s most high profile hospitality assets took a revenue hit last year as COVID lockdowns hurt business, according to a financial disclosure filed on...
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Stocks at new peaks on stimulus hopes, dollar slips
By Herbert Lash NEW YORK (Reuters) – World stock markets racked up record highs on Thursday and the dollar slipped as investors bet major stimulus from new U.S. President Joe Biden and unswerving global central bank support would...
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