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  1. JPMorgan Chase is tearing down walls and moving its San Francisco investment bankers onto "hot desks," a space-saving layout that has long been a fixture at tech companies, while redesigning offices in Dallas and other cities.
  2. "[Rich Barton has] a huge track record" and his return to be the CEO "took the stock up," RBC's Mark Mahaney says. But the internet analyst is still skeptical.
  3. Planet Fitness, a $5.7 billion gym operator, has a business model that resembles e-commerce giant Amazon's, according to Jefferies. The bank upgraded the stock to buy from hold.
  4. FERC broke an impasse over how it assesses climate change impacts of LNG export terminals, potentially clearing the way for more projects.
  5. When Warren Buffett teamed up with private-equity firm 3G Capital in 2013 to acquire Kraft Heinz, he faced questions about doing a deal with a PE firm, a sector Buffett had long criticized. He insisted it was different. It doesn't look that way now.

Business | The Guardian

Latest financial, market & economic news and analysis from The Guardian