JPMorgan Chase CEO Jamie Dimon said Wednesday that he and Tesla CEO Elon Musk have “hugged it out” and resolved their differences, after Dimon’s bank sued the tech billionaire’s electric vehicle

Jamie Dimon, the billionaire head of the U.S.’ biggest bank, lauded Tesla CEO Elon Musk, the richest man on the planet and a key part of President Donald Trump’s administration, on Wednesday, squashing a long-running beef between the billionaires’ companies as Dimon becomes the latest billionaire warming to Musk or Trump.

CEO Jamie Dimon thinks Elon Musk is a modern-day Albert Einstein. “The guy is our Einstein,” Dimon said of Musk, the Tesla (TSLA) and SpaceX CEO who has become a top ally to President Donald Trump. “I’d like to be helpful to him and his companies as much as we can.

"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."

A team from Switzerland will next month begin a month-long road trip across South Africa in a solar-powered Tesla Model X. This is their story.

Businesses worldwide and mainstream economists are fretting about higher prices as President Donald Trump unveils his tariff-heavy economic strategy. But Jamie Dimon, CEO of the world’s largest bank,

Spanish Prime Minister Pedro Sanchez met this Wednesday at the World Economic Forum in Davos with the presidents and CEOs of some of the IBEX 35 companies, the main index of the Spanish stock exchange,

WASHINGTON – General Atlantic CEO Bill Ford said on Wednesday that a deal would get done to save TikTok in the U.S. after President Donald Trump signed an executive order that halted a ban on the app for 75 days.

Former US Ambassador to Switzerland Ed McMullen speaks with Bloomberg TV on the sidelines of the 2025 World Economic Forum in Davos.

"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.

Polestar continues to roll out its innovative Energy initiative, which is now live in 11 markets, with more planned in the second half of this year.

A group of stocks dubbed the "MAGA Seven" by MarketWatch has enjoyed significant gains since the Nov. 5 presidential election, some lifted by links to Donald Trump and others by a bullish market. Here is how the group fared on the first full day of the second Trump administration.