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JPMorgan Daniel Pinto discussed everything from SPACs to the European Super League in a recent interview. The JP Morgan co-president said his firm has been firing on all cylinders, but he expects things to normalize in the second quarter. Pinto also said bitcoin has "no intrinsic value" and isn't a payment method worth using. Sign up here for our daily newsletter, 10 Things Before the Opening Bell. JP Morgan's Co-President Daniel Pinto discussed everything from his company's performance to crypto mania to the European Super League to SPACs in a recent interview with Bloomberg.Pinto said that SPACs may have trouble finding target...
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Amazon CEO and cofounder Jeff Bezos. Jason Redmond/Redmond Amazon spent just shy of $5 million lobbying politicians in the first three months of 2021. Google similarly splashed out on lobbying, to the tune of nearly $3 million. In both cases, the companies set new personal records for lobbying expenditures. Visit the Business section of Insider for more stories. Amazon and Google broke personal records for lobbying payouts in the first three months of 2021: The two American conglomerates collectively spent $7.5 million on federal lobbying between January 1 and March 31.Amazon was the heavier spender of the two, according to a Bloomberg report, with...
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Army medics fill syringes with Johnson & Johnson COVID-19 vaccine at a vaccination site in Orlando, Florida on April 10, 2021. Paul Hennessy/SOPA Images/LightRocket via Getty Images 15 people (all women) have now developed blood clots after receiving the J&J vaccine, three of which were fatal. The US paused distribution of the shot earlier this month after six cases of blood clots were reported. A panel of experts is meeting today to discuss what to do with the vaccine, including potentially attaching a new warning label. See more stories on Insider's business page. Fifteen women who received Johnson & Johnson's COVID-19...
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Travis Kalanick revolutionized transportation at Uber and is now focused on food at CloudKitchens. Justin Sullivan/Getty Images A former employee at Kalanick's startup said leaving at 7 p.m. would invite jokes about working part-time. Sources say his controversial bro culture and lack of work-life balance are evident at CloudKitchens. Kalanick was ousted from Uber in 2017 after a series of scandals. See more stories on Insider's business page. If employees at Travis Kalanick's CloudKitchens leave the office at 7 p.m., some would joke that they would be considered part-time workers, sources told Insider's Meghan Morris.In Insider's investigation into the ex-Uber CEO's secretive startup, former...
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Table of Contents: Masthead Sticky A streaming device can transform your TV into a smart display with access to popular services. Our top pick is the Roku Ultra thanks to its 4K support, smooth navigation, and big selection of apps. Gone are the days when a cable subscription was required to watch all the latest TV series. These days, you can find tons of quality shows and movies on streaming platforms. The best way to watch these services is on a TV, and there are plenty of devices out there to help you...
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Model Tyra Banks the Victoria's Secret fashion show Wednesday, Feb. 3, 1999 in New York. AP Photo/Mark Lennihan Victoria's Secret is the largest lingerie retailer in the US and has been for several decades. It achieved explosive success in the late 1990s and 2000s but has struggled in more recent years and been accused of losing relevance. Here's the story of the rise, fall, and subsequent comeback of the brand. Visit Business Insider's homepage for more stories. You'd be hard-pressed to find anyone in the US who hasn't come into contact with Victoria's Secret in one way or another. Since...
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