Category Archives: WBAP 24/7 News

JP Morgan Chase Unveils New 60-Story Headquarters, Reshaping New York City’s Skyline

JP Morgan Chase Unveils New 60-Story Headquarters, Reshaping New York City’s Skyline

NEW YORK (AP) — JPMorgan Chase unveiled its new 60-story headquarters in New York City on Monday. The building replaces the Union Carbide Building at 270 Park Avenue. It’s one of the first major office towers constructed after the COVID-19 pandemic. The bank plans to house around 10,000 of its 24,000 New York-based employees there.…MORE

Netflix Blames Tax Dispute in Brazil for Rare Quarterly Earnings Letdown

Netflix Blames Tax Dispute in Brazil for Rare Quarterly Earnings Letdown

Netflix’s missed the earnings target set by stock market analysts during the video streamer’s latest quarter, a letdown that the company blamed on a tax dispute in Brazil. The results announced Tuesday broke Netflix’s six-quarter streak of posting a profit that eclipsed the analysts projections that steer investors. The Los Gatos, California cited an unexpected…MORE