April 12 (Reuters) - JPMorgan Chase & Co ( JPM ): * JPMORGAN CHASE CFO JEREMY BARNUM SAYS FORECASTING NET INTEREST INCOME MEANINGFULLY HARDER THAN ANY OTHER TIME * JPMORGAN CHASE CFO SAYS IT'S A NICE QUARTER ON INVESTMENT BANKING BUT REMAINS CAUTIOUS ON FUTURE ACTIVITY * JPMORGAN CFO SAYS THERE ARE SOME REGULATORY HEADWINDS IN M&A * JPMORGAN CFO...

08:36 AM EDT, 04/12/2024 (MT Newswires) -- Progressive (PGR) reported Q1 net income Friday of $3.94 per share, up from $0.75 a year earlier. Analysts polled by Capital IQ expected $3.30. Net premiums written in the three months ended March 31 were $18.96 billion, up from $16.11 billion a year earlier. Analysts surveyed by Capital IQ expected $17.21 billion. The...

(Reuters) - OpenAI Chief Executive Sam Altman has hosted hundreds of Fortune 500 company executives in San Francisco, New York and London this month where he and other OpenAI executives pitched AI services for corporate use, going head to head in some cases with financial backer Microsoft ( MSFT ), attendees told Reuters. The roadshow-like events illustrate how the company...

08:27 AM EDT, 04/12/2024 (MT Newswires) -- Exxon Mobil ( XOM ) and Hess (HES) said Friday they are moving forward with investments in the offshore Whiptail development project in Guyana after receiving government and regulatory approvals. The $12.7 billion Whiptail project will include up to 10 drill centers with 48 production and injection wells, the companies said. Whiptail is...