JPM Pads Drew’s Retirement With $21.5M in Stock
June 29 (Bloomberg) -- Bloomberg's Dawn Kopecki reports that JPMorgan Chase & Co.’s decision to let Chief Investment Officer Ina Drew retire four days after the bank disclosed a $2 billion loss in her division allowed her to walk away with about $21.5 million in stock and options. She speaks on Bloomberg Television's "Market Makers."
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Canadian National Beats Estimates After Cutting Costs
50:06 - Canadian National Railway reported second-quarter profit that topped analysts’ estimates as the carrier cut jobs and parked locomotives to blunt the effects of weakening freight demand. Bloomberg Intelligence's Lee Klaskow speaks on The Daily Brief. (Source: Bloomberg)