 | | | | Oil prices surged on Wednesday, hitting the highest in more than a year on lift from a decision by OPEC and allies to stick to the plan to gradually restore supply, along with the slow pace of nuclear talks between Iran and the United States. | | | | | | Wall Street's main indexes posted slim gains on Wednesday ahead of key U.S. economic data due later in the week as investors weighed inflation concerns and a fresh surge in so-called "meme stocks." | | | | | | JPMorgan Chase & Co (JPM.N) head of asset and wealth management Mary Callahan Erdoes said on Wednesday her division of the bank is looking into possible opportunities for add-on acquisitions. | | | | | | Exxon Mobil Corp (XOM.N) shareholders elected a third director nominated by hedge fund Engine No. 1 to the oil company's board, the company said on Wednesday, extending the new firm's upset victory at one of America's most iconic corporations. | | | | | | Wall Street's main indexes closed little changed on Wednesday ahead of key U.S. economic data due later in the week as investors weighed inflation concerns and a fresh surge in so-called "meme stocks." | | | | | | A Department of Justice official on Wednesday warned companies against seeking lower penalties for bribery and foreign corruption violations by abusing a government policy discouraging officials from pursuing multiple enforcement actions against a company for the same misconduct. | | | | | | Half of U.S. states, all of them led by Republican governors, are cutting off billions of dollars in unemployment benefits for residents, rebuffing a key part of President Joe Biden's response to the coronavirus recession. | | | | | | JPMorgan Chase & Co (JPM.N) is halfway through a campaign to open 400 new bank branches and is closing in on being the first U.S. bank to have a brick and mortar presence in every state except Alaska and Hawaii, a bank executive said on Wednesday. | | | | | | The S&P 500 (.SPX) was little changed on Wednesday ahead of key U.S. economic data due later in the week as investors weighed inflation concerns and a fresh surge in so-called "meme stocks." | | | | | | AMC Entertainment Holdings Inc (AMC.N) shares more than doubled to record highs on Wednesday, extending a breathtaking rally partly fueled by heavy options trading, while the theater chain operator promoted free popcorn to investors. | | | | | |
