Jamie Dimon’s comments follow JPMorgan’s decision late last year to drop a case filed against Tesla in 2021, which had sought $162.2 million plus fees over a dispute regarding stock warrant transactions.

At current trends the charity Oxfam predicts up to five trillionaires are expected to emerge within the next decade.

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Welcome to CNBC’s live blog covering all the latest news, views and action on day 3 of the World Economic Forum in Davos, Switzerland.

meeting in Davos. Tesla and SpaceX chief Elon Musk, who works closely with US President Donald Trump, favours H-1B visas while allies in his Republican Party have splintered over the policy.

"We actually no longer call it EV. We call it EIV. 'I' stands for intelligent," Pan Jian, a cochair of CATL, told a WEF panel in Davos, Switzerland.

Jamie Dimon said that he and Elon Musk settled their differences. This seemingly concluded their row, sparked by a legal fight between JPMorgan and Tesla.

Businesses worldwide and mainstream economists are fretting about higher prices as President Donald Trump unveils his tariff-heavy economic strategy. But Jamie Dimon, CEO of the world’s largest bank,

"Elon and I hugged it out," Dimon told CNBC in a TV interview at the World Economic Forum's annual event in Davos, Switzerland. "He came to one of our conferences, [and] he and I had a nice, long chat. We settled some of our differences."

A change in the H-1B visa policy for highly skilled professionals from India under Trump 2.0 would be "fantastic" for the US as it needs them, American economist Kenneth Rogoff told NDTV at the World Economic Forum (WEF) meeting in Davos.

JPMorgan had previously alleged Tesla breached the terms of a contract ... Dimon told CNBC's Andrew Ross Sorkin at the World Economic Forum in Davos, Switzerland. The U.K. is "not part of ...

The U.S. posted a record trade deficit in good in 2024, spotlighting what is likely to be constant eye sore under the second administration of President Trump as it aims to encourage more production domestically.