At J.P. Morgan’s new NYC headquarters that’ll be housing 14,000 employees, they’ll be offering free yoga and cycling classes. The tower is set to open in 2025. –Bloomberg, April 14th, 2022
The biggest Wall Street news is, of course, Elon Musk’s buying of Twatter, the “town square” of social media .
“In order to secure the $12.5 billion margin loan on his Tesla shares, Musk gave a personal guarantee, according to Fortune, Here’s what that means: If Musk can’t repay the loan by selling shares of Tesla, banks could take Musk’s equity stake in Twitter, his 46% stake in SpaceX, or any personal assets.”
Fortune Magazine
If Tesla’s stock falls below 40%, Musk will face a margin call.