A woman walks past JPMorgan Chase & Co’s international headquarters on Park Avenue in New York. Andrew Burton | Reuters JPMorgan Chase’s new healthcare unit has made its first investment, CNBC has learned exclusively. The bank has agreed to invest $50 million in Vera Whole Health, a Seattle-based start-up that is pioneering a new, subscription-type model for employee healthcare. Further, through the bank’s Morgan Health unit — a new business unveiled in May after a joint venture with Amazon and Berkshire Hathaway folded — JPMorgan will begin offering Vera’s services to its employees during benefits enrollment season this fall, the companies said. Vera, founded in 2008, aims to improve outcomes…
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Business Card Directory – Fall 2021
More local news By VICKI BROWN Isaac Zorn, a boy scout from Troop No. 686, presented four Wood Duck boxes at Givhans Ferry State Park on Saturday. Working towards becoming an Eagle Scout, Zorn chose to make … Walterboro, SC (August 19, 2021) – Bank of the Lowcountry announced Marc Bogan as the company’s new Chief Executive Officer. With more than 31 years of banking experience, Marc will lead the … By Jeff Dennis Wildfires in several Western states have been burning out of control all summer and continue to make the national news. One firefighter battling these blazes is from Colleton … By VICKI BROWN Concerned parents gathered in…
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Companies Thought They Had Plans for Fall. Now They Are Scrapping Them.
Up until a few weeks ago, corporate leaders felt confident about what to expect this fall. Offices would reopen after Labor Day. Business travel would resume more broadly. Long-delayed work gatherings, conventions and off-site meetings would finally take place. The swift, startling resurgence of Covid-19 cases and hospitalizations across the U.S. is causing corporate leaders to rip up playbooks for the next few months. No longer is a September return a target for many companies. Some employers, such as banking giant Wells Fargo WFC -0.18% & Co. and managed-care company Centene Corp. CNC -1.59% , have in recent days shifted return-to-office dates to October. Meanwhile, a range of other prominent…