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JPMorgan Chase

Amazon, Blue Cross Among Biggest NJ Layoffs In Early 2026 Amazon, Blue Cross Among Biggest NJ Layoffs In Early 2026
Amazon, Blue Cross Among Biggest NJ Layoffs In Early 2026 Thousands of workers across New Jersey are being impacted by layoffs reported in early 2026, according to state WARN filings. Major employers across retail, healthcare, finance, and logistics industries reported job cuts affecting communities from Bergen County to South Jersey, state records show. Among the largest layoffs reported: Amazon: Passaic (240), Bergen (417), Monmouth (141), Hudson (44), Statewide (29), effective 4/28/26 Blue Cross Blue Shield of NJ: Newark, 242 layoffs, effective 4/26/26 Bristol Myers Squibb: Lawrence Twp, 247 layoffs, effective multiple dates through 12/31/26 …
Zelle Left Users Open To $1B In Scams, NY AG Says Zelle Left Users Open To $1B In Scams, NY AG Says
Zelle Left Users Open To $1B In Scams, NY AG Says The operator of Zelle is accused of designing the popular payment app without basic safeguards, allowing scammers to steal more than $1 billion from users. A lawsuit filed against Early Warning Services, LLC (EWS) by New York Attorney General Letitia James’ office Wednesday, Aug. 13, alleges the company failed to protect users from scams. EWS operates Zelle and is owned by a consortium of some of the country’s largest banks, including JPMorgan Chase, Bank of America, Capital One, and Wells Fargo. According to the complaint, EWS launched Zelle in 2017 without critical safeguards, making it …
Citi Launches New Premium Card Aimed At High Spenders, Frequent Flyers: See The Perks Citi Launches New Premium Card Aimed At High Spenders, Frequent Flyers: See The Perks
Citi Launches New Premium Card Aimed At High Spenders, Frequent Flyers: See The Perks As major companies battle for premium customers, Citi has entered the ring with a new high-end credit card promising big rewards, flexible perks, and airline lounge access. Citi has launched its most exclusive credit card yet, the Citi Strata Elite, the company announced on Monday, July 28. The card joins a wave of recent upgrades from competitors like American Express and Chase aimed at frequent travelers and high spenders. The $595-per-year card offers up to 12x points on hotel stays, car rentals, and attractions booked through Citi Travel, plus 6x on air travel and weekend…
Chase Boosts Sapphire Reserve Perks, Hikes Annual Fee To $795: Here's What You Get Chase Boosts Sapphire Reserve Perks, Hikes Annual Fee To $795: Here's What You Get
Chase Boosts Sapphire Reserve Perks, Hikes Annual Fee To $795: Here's What You Get Chase is taking its Sapphire Reserve card to a new level as it competes with American Express for luxury credit cardholders. The refreshed Chase Sapphire Reserve card was officially unveiled on Tuesday, June 17. The banking giant also announced the launch of the new Chase Sapphire Reserve for Business card.  Both cards will officially be available on Sunday, June 23. While they're promoting at least $2,500 in annual perks, the cards have a steep $795 annual fee. That fee is 45% higher than when Sapphine Reserve first launched in 2016, CNBC reported. "The new Sapphire Reserv…
Amex Upgrading Platinum Cards To Compete With Rivals: Here's What's New Amex Upgrading Platinum Cards To Compete With Rivals: Here's What's New
Amex Upgrading Platinum Cards To Compete With Rivals: Here's What's New American Express is launching its biggest-ever refresh of its Platinum credit cards, aiming to outshine rivals with new travel, dining, and lifestyle perks. Amex announced the major updates to its US Consumer and Business Platinum Cards in a news release on Monday, June 16. "More than forty years ago, we introduced the Platinum card, and we continue to offer Platinum cards with global servicing, unique benefits and experiences that our card members love," said Howard Grosfield, Amex's US consumer services president. "Platinum Card benefits and services resonate across generations, particula…
Largest US Banker Warns US Economy Could 'Deteriorate' As Global Growth Forecast Dims Largest US Banker Warns US Economy Could 'Deteriorate' As Global Growth Forecast Dims
Largest US Banker Warns US Economy Could 'Deteriorate' As Global Growth Forecast Dims The head of one of the nation’s largest banks says the U.S. economy may be slowing — and that could hit local households and businesses hard in the months ahead. “I think there’s a chance real numbers will deteriorate soon,” JPMorgan Chase CEO Jamie Dimon said during a financial conference this week, per CNBC. He explained that while the country has seen gains in jobs and spending, there are signs that the economy may be cooling.  “Employment will come down a little bit. Inflation will go up a little bit. Hopefully, it’s just a little bit,” Dimon said. He added that lower immigration …
Hundreds Of NJ Workers To Be Laid Off From These Major Corporations This Year Hundreds Of NJ Workers To Be Laid Off From These Major Corporations This Year
Hundreds Of NJ Workers To Be Laid Off From These Major Corporations This Year Hundreds of New Jersey workers will be out of a job this year as several major companies slash their workforces, according to state WARN (Worker Adjustment and Retraining Notification) filings. From retail giants to pharmaceutical leaders, the layoffs span multiple sectors and impact communities across the state. Here’s what’s coming: Walmart – Hoboken Effective date: June 13, 2025 Employees impacted: 481 The notice was posted in February. Bristol Myers Squibb – Lawrence Township Effective dates: May 22, June 6, June 20, and Aug. 1, 2025 Employees impacted: 223 Layoffs at the pharmaceu…
$4.3B Now Recovered For Madoff Ponzi Scheme Victims, DOJ Says $4.3B Now Recovered For Madoff Ponzi Scheme Victims, DOJ Says
$4.3B Now Recovered For Madoff Ponzi Scheme Victims, DOJ Says More than $4.3 billion has now been recovered for victims of Bernie Madoff’s massive and infamous Ponzi scheme, the Justice Department announced, as part of a decade-long effort that has compensated over 40,000 people worldwide for nearly 94 percent of their losses. The DOJ says  its 10th and final distribution from the Madoff Victim Fund (MVF), provided more than $131 million to over 23,000 victims. The latest distribution marks the culmination of a decade-long effort to recover and return forfeited funds tied to Madoff's fraudulent investment empire. Most victims, primarily small inv…
Quintuplets' Graduation From MSU Marks Bittersweet First For Close-Knit Siblings Quintuplets' Graduation From MSU Marks Bittersweet First For Close-Knit Siblings
Quintuplets' Graduation From MSU Marks Bittersweet First For Close-Knit Siblings Yes, you were seeing quintuple at the Montclair State University graduation on Monday morning, May 13. The Povolo quintuplets — Victoria, Ludovico, Ashley, Michael and Marcus — graduated from Montclair State University, the first time quintuplets have graduated from a New Jersey university.  The Povolo siblings earned degrees in five different majors.  Victoria: Biochemistry; minor Italian Ludovico:, Political Science, minor Pre-Law, Business Ashley:, English, Teacher Education Program, certification in P-12 Michael:, Nutrition and Food Science, concentration Dietetics Marcus:, …
Meet Sussex County Town's Newly-Elected Mayor, Councilwoman Meet Sussex County Town's Newly-Elected Mayor, Councilwoman
Meet Sussex County Town's Newly-Elected Mayor, Councilwoman It's a new era in Vernon Township. Anthony Rossi, a Republican, was elected the new mayor of the township, defeating Harry Shortway and Sally Rinker with 53.3 percent of the vote. Rossi will be replacing Howard Burrell, who served one term. A native of New York City, Rossi moved to Vernon following the Sept. 11 terrorist attacks, raising his three children in the township. Rossi previously worked for Citibank and JPMorgan Chase. Joining Rossi on the township council will be Bradley Sparta and William Higgins who were elected to two four-year terms, defeating Margaret Distasi and Jessica De…
$127M Scheme: Business Owner From Rockland Admits To Being Major Figure In Scam, Feds Say $127M Scheme: Business Owner From Rockland Admits To Being Major Figure In Scam, Feds Say
$127M Scheme: Business Owner From Rockland Admits To Being Major Figure In Scam, Feds Say A marketing company owner from Rockland County admitted in federal court that he was a major figure in scamming Medicare, TRICARE, and other benefit programs out of $127 million. Eric Karlewicz, age 44, of Chestnut Ridge, participated in a “circular scheme of kickbacks and bribes” with doctors, durable medical equipment businesses, and telemedicine companies to pull off the massive con, US Attorney Vikas Khanna said. Karlewicz – also known as Anthony Mazza -- used his considerable cut from $63.8 million in payoffs to buy himself a fleet of luxury vehicles that included a Ferrari, a Lamborgh…
Jersey Shore Business Owner From NY Admits $127M Health Care Kickback Scheme: Feds Jersey Shore Business Owner From NY Admits $127M Health Care Kickback Scheme: Feds
Jersey Shore Business Owner From NY Admits $127M Health Care Kickback Scheme: Feds A New Jersey marketing company owner from Rockland County admitted in federal court that he was a major figure in scamming Medicare, TRICARE and other benefit programs out of $127 million. Eric Karlewicz, 44, of Chestnut Ridge, NY, participated in a “circular scheme of kickbacks and bribes” with doctors, durable medical equipment businesses and telemedicine companies to pull off the massive con, U.S. Attorney Vikas Khanna said. Karlewicz – also known as Anthony Mazza -- used his considerable cut from $63.8 million in payoffs to buy himself a fleet of luxury vehicles that included a Ferrari,…
Former NY Legislator, Ex-Girlfriend Both Convicted Of Defrauding Business Of $250K Former NY Legislator, Ex-Girlfriend Both Convicted Of Defrauding Business Of $250K
Former NY Legislator, Ex-Girlfriend Both Convicted Of Defrauding Business Of $250K A former county legislator in New York and an accomplice from Connecticut have been convicted by a jury of scamming a business out of more than a quarter of a million dollars. George Guldi, who served as a Long Island legislator representing the South Fork of Suffolk County, and Litchfield County resident Victoria Davidson, of Lakeville, Connecticut, defrauded Ditech Financial LLC, a mortgage lender, Damian Williams, the United States Attorney for the Southern District of New York, announced. “George Guldi, while in prison, concocted and conducted a scheme along with his co-consp…
Don Jr. Leaves NY As City Cancels Trump Organization Contracts, PGA, Corporate America Cut Ties Don Jr. Leaves NY As City Cancels Trump Organization Contracts, PGA, Corporate America Cut Ties
Don Jr. Leaves NY As City Cancels Trump Organization Contracts, PGA, Corporate America Cut Ties Donald Trump Jr. has become the latest member of the First Family to flee New York amid more fallout tied to the circumstances surrounding his father's unprecedented second impeachment. According to reports, Trump Jr. is following in the footsteps of his sister, Ivanka, who already left New York to establish residence in Florida. The move comes as the PGA moved the 2022 championship from the Trump golf course in Bedminister, New Jersey, and corporate America began severing all ties with the much-maligned president. Reports stated that Trump Jr. is looking at homes in Jupiter, Florida, less…
Chase Customers Report Missing, Additional Money In Bank Accounts Chase Customers Report Missing, Additional Money In Bank Accounts
Chase Customers Report Missing, Additional Money In Bank Accounts Some JPMorgan Chase customers who checked their accounts overnight found hundreds or even thousands of dollars missing, and in some cases, added. "We know some customers reporting seeing incorrect balances in their checking account overnight," Chase said in a statement on Sunday morning, June 28. "This was caused by a technical issue that delayed updates on what displayed on Chase Mobile and Chase Online." The company said the issue was resolved at 9 a.m. Eastern Time and "accounts now show current balances." Reports of the issue were prevalent on social media. One Twitter user p…
Chase Customers Report Missing, Additional Money In Bank Accounts Chase Customers Report Missing, Additional Money In Bank Accounts
Chase Customers Report Missing, Additional Money In Bank Accounts Some JPMorgan Chase customers who checked their accounts overnight found hundreds or even thousands of dollars missing, and in some cases, added. "We know some customers reporting seeing incorrect balances in their checking account overnight," Chase said in a statement on Sunday morning, June 28. "This was caused by a technical issue that delayed updates on what displayed on Chase Mobile and Chase Online." The company said the issue was resolved at 9 a.m. Eastern Time and "accounts now show current balances." Reports of the issue were prevalent on social media. One Twitter user p…
Former Employees Charged With Stealing From Westchester Auto Dealership Former Employees Charged With Stealing From Westchester Auto Dealership
Former Employees Charged With Stealing From Westchester Auto Dealership Employees from Long Island and Westchester working at a New Rochelle auto dealership are facing charges for alleged fraudulent auto crimes scheme involving a New Rochelle car dealership, the District Attorney’s Office announced. Nassau County resident James Castellano, of Valley Stream, and Westchester resident Israel Viloria, of New Rochelle, were indicted in Westchester for alleged crimes at the New Rochelle Hyundai LLC car dealership. Specifically, both men were charged with two counts of second-degree grand larceny and one count of a scheme to defraud. Castellano was additionally charge…
Chase Counters Claim Of Racial Profiling At White Plains Branch By Mount Vernon Mayor Chase Counters Claim Of Racial Profiling At White Plains Branch By Mount Vernon Mayor
Chase Counters Claim Of Racial Profiling At White Plains Branch By Mount Vernon Mayor JPMorgan Chase is refuting claims from a mayor in Westchester who is claiming he was the target of racial profiling for “banking while black” at a local Chase Bank in White Plains. Mount Vernon Mayor Richard Thomas said that police were called to a JP Morgan Chase office on Westchester Avenue on Thursday, April 25, while he was waiting to see a bank official. According to an email from one of Thomas’ spokespeople, bank officials summoned the police on him, his chief of staff, and a Mount Vernon Police detective as Thomas sought access to Mount Vernon’s online banking records. “The response…
Chase Counters Claim Of Racial Profiling At White Plains Branch By Mount Vernon Mayor Chase Counters Claim Of Racial Profiling At White Plains Branch By Mount Vernon Mayor
Chase Counters Claim Of Racial Profiling At White Plains Branch By Mount Vernon Mayor JPMorgan Chase is refuting claims from a mayor in Westchester who is claiming he was the target of racial profiling for “banking while black” at a local Chase Bank in White Plains. Mount Vernon Mayor Richard Thomas said that police were called to a JP Morgan Chase office on Westchester Avenue on Thursday, April 25, while he was waiting to see a bank official. According to an email from one of Thomas’ spokespeople, bank officials summoned the police on him, his chief of staff, and a Mount Vernon Police detective as Thomas sought access to Mount Vernon’s online banking records. “The response…