Jamie Dimon is wading into the ongoing feud between Sen. Elizabeth Warren and American billionaires including money manager Leon Cooperman. Dimon, himself a billionaire thanks to his decades running some of the biggest U.S. lenders, was asked by CNBC’s Wilfred Frost if Democratic presidential hopeful Warren was anti-business. “You really have to ask her what…
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China’s Commerce Ministry said Thursday that Beijing had agreed with Washington to lift existing trade tariffs between the two nations in phases. Gao Feng, a spokesperson for China’s Commerce Ministry, said that both sides had agreed to simultaneously cancel some existing tariffs on one another’s goods, according to the country’s state broadcaster. The ministry spokesperson…
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A few months ago, I got out of a taxi upon arriving at my hotel in Beijing. As mainstream credit cards are uncommon and rarely accepted here, I handed the driver cash. I couldn’t speak Chinese and he couldn’t speak English. He shook his head fiercely refusing the payment and pointed to his phone. He…
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When a start-up raises money, it shouldn’t necessarily be seen at as a good thing, according to the co-founder of tech unicorn Branch. Mada Seghete, Branch’s head of strategy and market development, said that though getting funding is a “necessary” step for new companies, it comes at the expense of a team’s ownership in their…
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