JPMorgan Chase on Thursday promoted two of its top executives into newly created co-president roles, marking the latest step in CEO Jamie Dimon’s long-running succession planning while announcing the retirement of one of Dimon’s most prominent potential successors. Doug Petno and Troy Rohrbaugh, who have jointly led the bank’s commercial and investment banking division since…
(RNS) — Sam Allberry, a pastor and apologist who advocates for celibacy as the faithful path for LGBTQ+ Christians, has been “disqualified from gospel ministry” following an “inappropriate relationship with an adult man in 2022,” according to a statement from elders at Immanuel Nashville, a nondenominational church where he has served as an associate pastor…
President Trump endorsed Representative Andy Barr in the Republican Senate primary race in Kentucky on Friday, moving to clear the field by inviting an Elon Musk-backed contender to join his administration. Nate Morris, the candidate supported by Mr. Musk, said he would leave the campaign, which until Friday had been a hotly contested three-way primary…
Goldman Sachs has agreed to acquire Industry Ventures, a 25-year-old, San Francisco-based investment firm with $7 billion in assets under management, CNBC was first to report on Monday. The deal underscores the growing importance of secondary markets and buyouts as traditional venture exits remain sluggish. The investment bank is paying $665 million in cash and…
