JPMorgan CEO Jamie Dimon gushed about one-time rival Elon Musk on Wednesday, as he revealed that he and the mega Trump ally have made amends in their years-long feud. “The guy is our Einstein,” Dimon told CNBC at the World Economic Forum in Davos,

JPMorgan CEO Jamie Dimon said he and Elon Musk “hugged it out” and put ... Dimon said in an interview with CNBC at the World Economic Forum in Davos, Switzerland, on Wednesday. “Elon and I hugged it out,” he said. “He came to one of our ...

Welcome to CNBC’s live blog covering all the latest news, views and action on day 3 of the World Economic Forum in Davos, Switzerland.

The Kirchner Museum in Davos is famed for showcasing expressionist artworks, but on Wednesday night it was best-known for where Jamie Dimon was throwing a big party.

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.

The JPMorgan Chase chief executive, who had warned of the negative effect of tariffs, said they could be justified for national security reasons.

At the World Economic Forum in Davos, Switzerland on Wednesday, JPMorgan Chase CEO Jamie Dimon cautioned investors on the risks of increased deficit spending, sticky inflation and geopolitical

JPMorgan Chase (JPM) chief Jamie Dimon said the use of tariffs, an economic weapon, may trigger some inflation, but national security is more important than "a bit more inflation," according to a media report.

Jamie Dimon said that he and Elon Musk settled their differences. This seemingly concluded their row, sparked by a legal fight between JPMorgan and Tesla.

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Spain's Prime Minister Pedro Sánchez called for tighter European Union regulation on social media platforms during a speech at Davos on Wednesday.