Advertisement

Senin, 25 Juni 2018

The Dow plunges as much as 446 points as trade tensions soar

VIEW ONLINE

June 25, 2018

Welcome to Finance Insider, Business Insider's summary of the top stories of the past 24 hours. Sign up here to get the best of Business Insider delivered direct to your inbox.

Dow plunges as trade tensions soar 

Stocks fell in midday trading Monday, with the Dow Jones industrial average down as much as 446 points, amid reports of protectionist policy pushes by the Trump administration that would ramp up trade tensions on multiple fronts.

New rules that would curb investment in American technology firms are reportedly in the works within the Treasury Department. The Wall Street Journal reported Sunday that the initiatives would block companies with more than 25% Chinese ownership from buying "industrially significant" technology companies. But Treasury Secretary Steven Mnuchin said Monday on Twitter that the rules could be applied to "all countries that are trying to steal our technology."

Take a peek inside the Manhattan mothership of JPMorgan Chase's $10.8 billion tech office

It's only a couple years old, but at JPMorgan Chase's office at Five Manhattan West the walls have already been defaced.

And it's not just the walls. Chairs and other surfaces have been scribbled all over as well.

At the headquarters for JPMorgan's digital ambitions, this is all by design — writable surfaces are part of the effort to foment the collaboration, serendipity, and freeform thinking that run amok at Silicon Valley's most agile workplaces.

And as banks increasingly compete for the same talent as the Google, Amazon, Facebook and other tech giants, the lively tech hub and its casual ambiance also serves as a recruiting tool for young talent that may instinctively view the "Midtown Uniform" with suspicion.

"This is the mothership," Jason Alexander, head of digital platforms at Chase, told BI on a recent tour of the office space.

Take a look inside the headquarters for JPMorgan Chase's $10.8 billion digital tech blitz.

Galaxy is investing hundreds of millions of dollars in projects that'll lure Wall Street to bitcoin

Famed hedge funder-turned-crypto enthusiast Mike Novogratz launched merchant bank Galaxy Digital earlier this year and its venture capital arm is already hard at work.

Business Insider has learned that Galaxy, which has businesses in asset-management, trading, and investing, has made a significant number of investments in the market for digital coins which have not yet been disclosed publicly.  

People familiar with the firm's operation said that the principal investment team, which staffs six people, has invested in high-volume ICO projects and has a significant portfolio of early stage ventures. 

 

In markets news

We have updated our Privacy Policy to reflect global privacy standards. We encourage you to read the updated policy in full. By continuing to use our sites, services and apps, you agree to these updated terms. If you would like to opt-out from receiving emails, please click

Unsubscribe here

.
Share this:

Facebook Share Twitter Share Email Share
  

Email sent to:   ipat39@gmail.com   |   Manage your email preferences   |   Unsubscribe

Terms of Service   |   Privacy Policy

150 Fifth Avenue, 8th Floor New York, NY 10011
Sailthru

Tidak ada komentar:

Posting Komentar