Sen. Marco Rubio questioned JPMorgan Chase and Co. CEO Jamie Dimon Tuesday about “politically-motivated de-banking” after the country’s largest banking company terminated the account of a conservative nonprofit. According to the office of the Florida Republican, JPMorgan Chase recently terminated the bank account of the National Committee for Religious Freedom (NCRF), a 501(c)4 political action nonprofit, but…
Tag: CEO
Howard Schultz, Starbucks CEO, accused by union of lying about store closures
Starbucks labor leaders say CEO Howard Schultz is escalating the war against their union by closing 16 stores across the country at the end of this month. The Wall Street Journal originally reported last week on the closings, citing safety concerns at many locations. In a leaked video posted to Twitter last week, Mr. Schultz…
General Motors CEO Mary Barra stands by ambitious EV pledge
NEW YORK (AP) — The economy is a bit wobbly, but General Motors CEO Mary Barra isn’t backing off of an audacious prediction: By the middle of this decade, her company will sell more electric vehicles in the U.S. than Tesla, the global sales leader. To fulfill that pledge in as little as 2½ years,…