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Jamie Dimon says Sen. Elizabeth Warren ‘vilifies successful people’

Jamie Dimon says Sen. Elizabeth Warren ‘vilifies successful people’

Finance
Jamie Dimon is wading into the ongoing feud between Sen. Elizabeth Warren and American billionaires including money manager Leon Cooperman.Dimon, himself a billionaire thanks to his decades running some of the biggest U.S. lenders, was asked by CNBC's Wilfred Frost if presidential hopeful Warren was anti-business."You really have to ask her what she really means," Dimon said in the interview, parts of which were scheduled to air on CNBC's "Closing Bell.""She uses some pretty harsh words, you know, some would say vilifies successful people," Dimon said. "I don't like vilifying anybody. I think we should applaud successful people."Warren has been chiding billionaires critical of her proposal to raise taxes on the ultra rich to help defray the costs of her ambitious plans to reduce inequality...
US election 2020: Elizabeth Warren sets out health funding plan

US election 2020: Elizabeth Warren sets out health funding plan

World
US presidential hopeful Elizabeth Warren has offered details on funding for her healthcare plan, which is expected to cost the federal government $ 20.5tn (£15.8tn) over 10 years.She said the "Medicare for All" plan would not raise taxes "one penny" for ordinary Americans, but be largely paid for by businesses and the wealthy.Ms Warren is a Democratic front-runner in the 2020 race to the White House.She has faced criticism over lack of detail about her plan. Who will take on Trump in 2020? Can Sanders overhaul healthcare? So, what does her plan say?Ms Warren says her plan would not spend "any more money overall than we spend now", but the share spent by the federal government would increase to $ 20.5tn.It would mandate that employers pay the government th
An Elizabeth Warren presidency may not be as bad for stocks as some investors fear, strategist says

An Elizabeth Warren presidency may not be as bad for stocks as some investors fear, strategist says

Finance
An Elizabeth Warren presidency would likely be tough on some sectors, but it might not hit stock markets as hard as feared, a Jefferies strategist suggested on Wednesday.Warren, a Democratic presidential 2020 frontrunner, has bashed the rich — proposing a wealth tax — and lambasted the financial industry among other sectors. As the Massachussetts senator climbs in Democratic presidential polls, a growing pool of investors warn that her win would result in major losses for the U.S. stock market."In our industry ... there's a general perception that it would be a significant equity market correction, if she were to win," said David Zervos, chief market strategist at Jefferies. "She would change returns on capital expectations, earning expectations, regulations would go up, taxes would go up,
British aircraft carrier HMS Queen Elizabeth sails to U.S. for exercises

British aircraft carrier HMS Queen Elizabeth sails to U.S. for exercises

Business
Aug. 30 (UPI) -- The British aircraft carrier HMS Queen Elizabeth sailed for the Untired States on Friday, leading a four-vessel squadron to an operational testing exercise. The annual event, this year named WESTLANT 19, will be conducted on the east coast of the United States. The British ships will also visit Canada on the four-month tour. The state-of-the-art aircraft carrier, preparing for operational deployment in 2021, is carrying seven F-35 Lightning II fighter planes and four helicopters, and is accompanied by the frigate HMS Northumberland, the destroyer HMS Dragon and the tanker RFA Tideforce. "It's a massive enterprise of thousands of people that will deploy on this next deployment who will take the next step from being able to operate Lightning aircraft from this ship and put...
Woody Harrelson to co-star with Mary Elizabeth Winstead in Netflix’s ‘Kate’

Woody Harrelson to co-star with Mary Elizabeth Winstead in Netflix’s ‘Kate’

Entertainment
July 11 (UPI) -- The Highwaymen and Three Billboards Outside Ebbing Missouri actor Woody Harrelson has signed on to co-star in the Netflix thriller, Kate. He will share the screen with the previously cast Mary Elizabeth Winstead of Fargo and Mercy Street fame. Cedric Nicolas-Troyan is helming the movie, which was penned by Umair Aleem. "After she's irreversibly poisoned, a ruthless criminal operative has less than 24 hours to exact revenge on her enemies and in the process forms an unexpected bond with the daughter of one of her past victims," a synopsis for Kate said. Harrelson, 57, is also known for his work in Cheers, True Detective, White Men Can't Jump, Natural Born Killers, Wag the Dog, The People vs. Larry Flynt and Zombieland. Let's block ads! (Why?) Ent...