The week in business news: Global shipping shakeup, Google’s Gemini AI

[ad_1] The shift of manufacturing out of China is shaking up shipping Ho Chi Minh City and other Vietnamese ports are becoming increasingly vital to global shipping.Photo: Kham (Reuters) How…

Big Banks Need More Out of Wall Street

[ad_1] As the calendar turns for the biggest banks, a big question mark looms: Where will growth come from next year? A major feature of the global Wall Street banks…

8 of the Best Bank Stocks to Buy for 2023

[ad_1] After a rough year in 2022, bank stocks have navigated a fresh minefield in 2023. Rising interest rates triggered a sharp decline in long-term bond prices, resulting in massive…

Jamie Dimon on the cryptocurrency industry: “I’d close it down”

[ad_1] JPMorgan Chase CEO Jamie Dimon told lawmakers on Wednesday that he would pull the plug on the cryptocurrency industry if he had the power.  “I’ve always been deeply opposed…

The Stocks Investors Are Putting Under the Tree

[ad_1] Retailers are making modest predictions about the holiday shopping season—and their stocks are going gangbusters in response. Victoria’s Secret, Foot Locker, Ulta Beauty and Dollar Tree are among the…

WSJ News Exclusive | Ranking the Best Companies for Career Growth

[ad_1] Updated Nov. 30, 2023 10:13 am ET Listen to article (2 minutes) Looking to get promoted quickly or avoid being underpaid? Then find companies where managers rise through the…

Fast-Fashion Giant Shein Files to Go Public

[ad_1] Updated Nov. 27, 2023 5:55 pm ET Shein, the China-founded online fashion company that won over hundreds of millions of shoppers around the world, has confidentially filed to go…

ICBC’s Entree Onto Wall Street Looked Like a Bargain—Until Hackers Crippled Its U.S. Unit

[ad_1] Nov. 25, 2023 11:00 pm ET Industrial & Commercial Bank of China, the world’s largest bank, paid $1 for its place on Wall Street. It got more than it…

Big Banks Cook Up New Way to Unload Risk

[ad_1] U.S. banks have found a new way to unload risk as they scramble to adapt to tighter regulations and rising interest rates.  JPMorgan Chase, Morgan Stanley, U.S. Bank and…

Why Jamie Dimon Changed His Mind on Europe

[ad_1] Updated Nov. 2, 2023 12:03 am ET LONDON—Not long ago, JPMorgan Chase Chief Executive Jamie Dimon insisted the Wall Street giant would never get into retail banking in Europe.…