investment from softbank but wall street were also excited, jp wall street were also excited, jp morgan chasene of its first big investors. its co—founder adam newman projected tremendous growth and took on expensive leases in big cities like new york and london and even here in singapore. but itjust never quite reached its profitability. and like so many industries, the covid—19 pandemic really impacted because a lot of clients now who had memberships with this company have pulled out because many of their workers are now working from home and they have done away with the real estate industry. as we have been reading this morning, in its bankruptcy statement, we have heard from its ceo. it said the company, it is now time for "us to pull the future followed by aggressively addressing our legacy leases and dramatically improving our balance sheets stop" some lawyers say some of the reasons for the protection from bankruptcy is to get the expensive leases of their books. this will have a massive impact on the real estate industry in north america, for example. in new york they are seeing histo

. >>> a federal judge approved a $290 million settlement between jp morgan chase and nearly 200 of jeffreyims. the suit accused the bank of helping conceal his crimes. >>> and nominations for the 2024 grammy awards will be announced today. the academy has added three new categories. the grammys will air february 4th on cbs. for more, download the cbs news app on your smartphone or connected tv. i'm jarred hill, cbs news, new york. ♪ >> announcer: this is the "cbs overnight news." >> we begin tonight with some breaking news in a series of potentially deadly and targeted attacks on election workers across the country. the fbi and investigators from the u.s. postal service are looking into more than a dozen letters, some containing fentanyl, that were sent to election offices in at least five states. now workers in some of those offices were processing ballots from tuesday's election, and in some cases, the buildings were evacuated, interrupting the counting of votes. since 2020, there has been a rise in threats, harassment, and intimidation of election officials. cbs' jeff pegues has the lat

. >>> a federal judge approved a $290 million settlement between jp morgan chase and nearly 200 of jeffrey epstein's sexual abuse victims. the suit accused the bank of helping conceal his crimes. >>> and nominations for the 2024 grammy awards will be announced today. the academy has added three new categories. the grammys will air february 4th on cbs. for more, download the cbs news app on your smartphone or connected tv. i'm jarred hill, cbs news, new york. >>> it's friday, november 10th, 2023. this is the "cbs morning news." the vow to destroy hamas. israeli prime minister netanyahu saying nothing will stop the bloodshed until the terror group is gone. but the jewish state is allowing civilians safe passage out of harm's way. >>> fentanyl-laced threats. more than a dozen letters sent to election officials around the country. where federal investigators think the mail is coming from. >>> and manchin's move. the west virginia senator announces he won't seek re-election. what it could mean for the democrats' slim majority. >>> good morning, and good to be with you. i'm anne-marie green. we

goldman sachs and jp morgan chase has asked employees its office in tel aviv to work from home. bank of america has closed its tel aviv office. that's the end of this quick take segment. don't forget to send us your comments and questions. i'm. and i'll see you next week. the israel regime needs to pay attention to the economic fallout of the war that is it is waging with the blessing of the us. it's going to take a long time for confidence to return to the israeli economy, if there is an israeli economy to return to. the specter of war will always loom if the palestinian cause is not resolved, and in order for that to happen, it can't be anything. less than all of palestine to be free in order to bring about economic freedom for palestinians, a dream, a reality? let us know what you think. by the way, behind me, we chose that to be the topic of our ending, and that's the bds reboots, which can be fatal when it comes to israel, its existence and of course it's economy. tell us what you think about that, contact information is behind me. for me, and the team here at economic devi

jp morgan chase, zezix and one of the state's largest suppliers of artificial turf fields. d other companies could lose contracts and subsidies if they were blacklisted. jp morgan alone had more than $260 million in tax breaks on kanu, but because the law covers companies doing business with hundreds of municipalities, it is difficult for county school boards to fully account for the financial losses. volga bas group of companies, next year plan to increase bus production by almost 15%. more than one and a half thousand cars will roll off the assembly line. it is possible to increase production thanks to the modernization of technology at factories in the volgograd region and vladimir. well, as well as government support, including the federal program for the development of public transport. it is noted that volga-bs is now in the top three. among russian bus manufacturers together with the gas and kamas enterprises. and that ’s all for now, more news in the next hour. are you coming soon? already coming. go ahead boldly! now i'll lead. lada vesta, boldly forward. what did t

the russian subsidiary bank of the american jp morgan chase is ahead of all foreign colleagues in termsh back in march twenty-two it announced that it would close down activity. based on the results of 9 months of this year, its indicators increased almost one and a half times and exceeded 200 billion rubles. also, positive dynamics among the structures of foreign financial organizations were shown by texas bank creed swiss moscow and bnp paribas. as for the leader of the list , over the past 2 years, dp morgan has increased its assets in our country by more than four. according to experts interviewed by the kommersant newspaper, this is primarily due to currency exchange transactions. they also believe that american financial institutions are in the current conditions, they are less afraid of secondary sanctions than european ones. in the near future , germany will have to look for money to update its infrastructure and economy, the ministry of finance announced. in the future, there will be a lack of government funding to update the economy and infrastructure. in general, the state ha

jp morgan chase, zerox and one of the state's largest suppliers of artificial turf . mpanies could lose contracts and subsidies if they were blacklisted. jp morgan alone had more than 260 benefits at cona, but since the law applies to companies doing business with hundreds of municipalities, school boards of county governments it is difficult to fully account for financial losses. and at the end of the issue, i will remind you that the exchange rate for today is the dollar 88 rubles 12 kopecks, the euro 96.222. and that's all i have for now. thank you, legendary within the legendary. the passenger train with the historical number seven arrived in the city of hero exactly on schedule. the evergreen sochi olympic park sirius is a place of attraction for the country's most talented and successful schoolchildren. right now, the brand new superjet is preparing for important tests. the aircraft is accepted by the customer's airline. heavy equipment literally bites into the taiga, demolishing everything in its path, leaving only... plowed ground, this is a kind of defensive l

according to a report by jp morgan chase. israel's economy may shrink 11% an annualized basis in the last three months of the year. the israeli finance minister has said that the regime's 2023 24 budget is no longer relevant given the gaza war and would be amended. smotrich has put the direct cost of the war at around 1 billion checkles or $246 million a day to israel. there are reports that the current war has had much larger impact on the so-called domestic security and confidence. israel's local currency, the sheckle has reached a 14 year low, while the benchmark stock index is down about 10%. this year, the tech industry, the engine of israel's economic growth started bleeding even before the war began. the central bank has airmarked $30 billion dollars to show up the sheckle, but that figure may rise as the war drags on. some anals believe the us may come to rescue israel's economy if the crisis deteriorates. time to see what's happening online when it comes to the israeli war on gaza. first up, we take a look at twitter

the russian subsidiary bank of the american jp morgan chase is ahead of all its foreign colleagues inze of assets in our market, although back in march 22 it announced that it would curtail its activities. according to the results of nine months of this year, its indicators increased almost one and a half times and exceeded 200 billion rub. also, positive dynamics among the structures of foreign financial organizations were shown by tixbank credits moscow and bnp paribas. as for the leader of the list, over the past 2 years jp morgan has increased its assets in our country by more than four times. according to experts interviewed by the kommersant newspaper, this is primarily due to operations. currency exchange, they also believe that american financial institutions in the current conditions are less afraid of secondary sanctions than european ones. installation of nuclear equipment elements began on the second block of a nuclear power plant in egypt, it is being created in cooperation with rosatom, as stated in the state corporation, it is planned to move to the main stage of capita

jp morgan chase. mc call's catering events and the san francisco police officer's association. we have a variety of supporters here i know chris larson is here, thank you, chris. biome at hotel council. the union square alliance. neighbors for better san francisco and the poa. now i would like to thank start off with 2 people, first the mayor of san francisco mayor breed. i want to thank you for the support that you provide the san francisco police department. it does in the upon go unnoticed where you go you talk about the police officers and how be important our job is we ever thank will thankful it would not happen with you you mayor, thank you. i would like to thank your chief scott our leader and when supports his officers and manned staff through the challenge this is we have now. and the things we are dealing with. chief scott at the fer front of everything going on supporting his people and today is another example of the passport we have by our chief. all right. so. as we go head and start this i like it recognize other people, first. the pedestrian our board of superv

jp morgan chase ceo jamie dimon is urging democrats to back gop prespresidential hope full nikki haley to president trump. he said, quote, if you're a very liberal democrat i urge you to help nikki haley to give them a choice on the republican side that might be better than trump. she also got a key endorsement from americans for prosperity action, a political wing of the money network founded by the billionaire koch brothers. maria: thank you so much. the holiday shopping season in full swing, retailers recovering from a record breaking weekend, black friday and cyber monday sales, adobe analytics finding black friday shoppers spent a record $9.8 billion online, up 7 and-a-half percent from last year. consumers also spending $12.4 billion on cyber monday. with buy now, pay later purchases hitting an all time high this year. we want to get into it and get a spoke of what's happening in retail, talk to the president and ceo of five below, joe anderson in the studio with us. >> thank you for having me. maria: you have some products we'll talk about later. you reported earnings yesterday.

goldman sachs, jp if morgan chase and morgan stanley apparently, according to these report, have beeners. bloomberg reports shein is targeting up to a $90 billion valuation. fast fashion rapidly changing the retail landscape. what could this monster everything po, if it comes to pass, mean for the future of how retailers operate and how the stocks will battle it out for investors' money? if i want to bring in retail legend mickey breaksler r founder of old navy and madewell and the former ceo of gap and j.crew and ann taylor and now the chairman at alex mill. okay, first thought about the shein potential ipo. >> i know nothing of them. shein, other than it's extraordinary. i always wondered how they sell the goods at those prices. and i'm, i don't know anything about their sourcing, but there would be a question about that x. there have been. but the world is, you know, i always say it's going to the bottom, and that's what it is. it's, you know -- and, you know, look, i wish -- [laughter] we would have that kind of valuation in my next life -- liz: but you would want quality, right?

jp morgan chase. mc call's catering events and the san francisco police officer's association. we have a variety of supporters here i know chris larson is here, thank you, chris. biome at hotel council. the union square alliance. neighbors for better san francisco and the poa. now i would like to thank start off with 2 people, first the mayor of san francisco mayor breed. i want to thank you for the support that you provide the san francisco police department. it does in the upon go unnoticed where you go you talk about the police officers and how be important our job is we ever thank will thankful it would not happen with you you mayor, thank you. i would like to thank your chief scott our leader and when supports his officers and manned staff through the challenge this is we have now. and the things we are dealing with. chief scott at the fer front of everything going on supporting his people and today is another example of the passport we have by our chief. all right. so. as we go head and start this i like it recognize other people, first. the pedestrian our board of superv

jp morgan chase. mc call's catering events and the san francisco police officer's association.a variety of supporters here i know chris larson is here, thank you, chris. biome at hotel council. the union square alliance. neighbors for better san francisco and the poa. now i would like to thank start off with 2 people, first the mayor of san francisco mayor breed. i want to thank you for the support that you provide the san francisco police department. it does in the upon go unnoticed where you go you talk about the police officers and how be important our job is we ever thank will thankful it would not happen with you you mayor, thank you. i would like to thank your chief scott our leader and when supports his officers and manned staff through the challenge this is we have now. and the things we are dealing with. chief scott at the fer front of everything going on supporting his people and today is another example of the passport we have by our chief. all right. so. as we go head and start this i like it recognize other people, first. the pedestrian our board of supervisors aar

jp morgan and chase saying opec-plus is likely to extend the cuts and make them deeper but you have commerzbankdge fund managers saying that cuts are not extended so prices might buckle even further. you are looking at bearish bets for oil. supply production across the alliance would impact the oil bulls these are hard to orchestrate. from the eurasia group, they are saying that if opec-plus does not announce an additional cut of about one million barrels per day on top of the voluntary cuts from the saudi's, the risk is the $80 a barrel mainly in brent could extend lowered to the mid-70's and even low 70's. and that is a risk they say that saudi's don't want to take. but it will all come down to in the view of the eurasian analyst is the willingness of saudi arabia to take on the lions share of the cuts once again. the uncertainty is what is causing the added element of volatility in an already bearish market. the technicals particularly for brent crude all signaling and oversupply in -- and a very bearish short-term direction. shery: su keenan what the latest on declining oil prices which is

chase mobile app. -- champion point by the way cater to wholesale. -- global head of financial and institution payments at jp morgane you with us. how much of the glowing up have you done? we know jp morgan has seen transactions in excess of one billion each day. >> blowing up sounds more destructive than it is. the goal is to redesign the infrastructure on how to move asset. we have made more progress we believe than anyone it the world. everything from jvm coin and assets, and so on. in our mind we made a huge progress. you can see our peers following. >> what is driving all of that? where do you see it going? when you look this time around, where would you be? >> i'm hoping for something five-to next. and what would your dude? when you think about how much money, it sounds like a small number. compared to 10 trillion one billion sounds low but starting from zero and we have launched an annex of time and we watched a couple years ago, we now look at the take off. the numbers have started to take off exponentially. we have a lot of securities companies and using this technology. we think it's going to take off. th

jp morgan. when you sat down you looked at will kennedy's world that says when the price of oil moves you see chasess reacting to higher oil prices in our chase credit card data. about 20% of america what we saw . when gasoline prices rose you saw discretionary spending go down. prior to august and september we did not see that relationship. it suggests savings in america might actually be depleting after how many quarters of negotiating on it. what we really dig into the accounts and do an anonymous fashion about half of america looks like they are out tom: sitting on the side of the table. looking at the polarity between morgan stanley and goldman sachs . giving you an economic backdrop. what's the backdrop that forms the outlook call? >> we are expecting a growth slowdown like the rest of wall street at this point. it is relatively simple and intuitive. you've the cost of capital above the expected revenue and if you think of america is off to see the cost of capital above expected gdp and should force investors to say maybe i should save. just about every time you see that growth slowdown time.