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Stock impact report

UPDATE 1-Senator Warren blasts U.S. CEOs for 'empty' social promises [Reuters]

JP Morgan Chase & Co. (JPM) 
Last jp morgan chase & co. earnings: 4/14 06:43 am Check Earnings Report
Company Research Source: Reuters
By Pete Schroeder 4 Min Read (Adds Business Rountable comment) WASHINGTON, Sept 17 (Reuters) - U.S. Senator Elizabeth Warren on Thursday blasted U.S. business leaders, including JPMorgan Chase & Co’s Jamie Dimon and Walmart’s Doug McMillon, for falling short on a “splashy” promise to look beyond profits when running their businesses. Writing to the CEOs in their capacity as former and current chairs respectively of the Business Roundtable, Warren, a Democrat, said the country’s top business group had been lobbying for “narrow, short-term interests” rather than the broad group of stakeholders it promised to serve last year. Notably, the Roundtable had lobbied for legislation granting companies immunity should workers contract COVID-19 on the job, and had opposed extending unemployment benefits to workers, Warren said, citing a news report based on federal lobbying records. “Rebuilding our economy so that workers, customers, and communities are able to share in prosperity requires real Show less Read more
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