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.

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

How much road tax must be paid to drive an electric car in Switzerland varies significantly depending on the canton. It can also change with little warning, reported SRF this week. Photo by David V

"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."

The European car market stagnated last year, with EVs taking the grunt of the fall. However, it’s worth looking at the details.

The S&P 500 ended lower on Friday after setting fresh intraday records earlier in the session, as investors took profits following a strong week. Despite the pullback, major US indexes notched their second consecutive weekly gains,

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High-profile tech billionaires, including Jeff Bezos, Mark Zuckerberg and Elon Musk will sit front and center at President-elect Donald Trump's inauguration.

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At current trends the charity Oxfam predicts up to five trillionaires are expected to emerge within the next decade.

Dimon’s credibility with markets is rooted in his actions in advance of the 2008 recession: He noticed that underwriting standards on Wall Street were declining and instructed his firm to trim its exposure to subprime mortgages beginning in late 2006. That helped JPMorgan avoid the worst of the crisis.