JPMorgan’s OpenAI Coverage Is Just the Start

Published on August 15, 2025

Wall Street banks are starting to cover firms that are not publicly traded. JPMorgan Chase & Co. kicked off the trend with a report on OpenAI Inc. Citigroup Inc. followed suit a week later with a list of roughly 100 large private companies it will focus on, predominantly in the tech sector.

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US Department of Labor awards more than $1.3M to continue employment, training services in response to automotive layoffs in Michigan

August 15, 2025
WASHINGTON – The U.S. Department of Labor today announced an incremental award of more than $1.3 million to continue employment and training services in response to automotive layoffs throughout Michigan.In September 2023, the department issued Michigan a National Dislocated Worker Grant of up to $4,000,000 – with an initial award of $1,333,333, to enable the state to provide employment and traini