These are public companies that have a fiduciary responsibility to shareholders, and if they can’t pass along costs they will begin layoffs.

I am not saying it is going to happen, but we have to be prepared for something like that,” Dimon said while attending a JPMorgan summit in China.

After a bumpy ride, the ride-hailing app is back in the good graces of investors. Plus: OpenAI, Google, Apple, Target, ...