Jamie Dimon’s comments follow JPMorgan’s decision late last year to drop a case filed against Tesla in 2021, which had sought $162.2 million plus fees over a dispute regarding stock warrant transactions.

Jamie Dimon said that he and Elon Musk settled their differences. This seemingly concluded their row, sparked by a legal fight between JPMorgan and Tesla.

At current trends the charity Oxfam predicts up to five trillionaires are expected to emerge within the next decade.

"We actually no longer call it EV. We call it EIV. 'I' stands for intelligent," Pan Jian, a cochair of CATL, told a WEF panel in Davos, Switzerland.

A change in the H-1B visa policy for highly skilled professionals from India under Trump 2.0 would be "fantastic" for the US as it needs them, American economist Kenneth Rogoff told NDTV at the World Economic Forum (WEF) meeting in Davos.

A leading NGO warned Monday of an emerging "aristocratic oligarchy" with massive political clout and primed to profit from Donald Trump's presidency, as global elites descend on Davos for their annual confab.

"Elon and I hugged it out," Dimon told CNBC in a TV interview at the World Economic Forum's annual event in Davos, Switzerland. "He came to one of our conferences, [and] he and I had a nice, long chat. We settled some of our differences."

While addressing Trump supporters in Washington on Monday, the tech billionaire brought his hand to his chest and extended it straight out, twice, before saying: "My heart goes out to you." The gesture sparked controversy as it drew comparisons to a Nazi salute.

Netanyahu pointed to Musk’s visiting Israel after the Oct. 7, 2023, Hamas attack and advocating for what he said was “Israel’s right to defend itself against genocidal terrorists and regimes who seek to annihilate the one and only Jewish state.”

Argentina’s President uses second address to World Economic Forum to slam his critics and “the mental virus of the woke ideology,” saying it has “colonised the most important institutions in the world.

Dimon’s credibility with markets is rooted in his actions in advance of the 2008 recession: He noticed that underwriting standards on Wall Street were declining and instructed his firm to trim its exposure to subprime mortgages beginning in late 2006. That helped JPMorgan avoid the worst of the crisis.