JPMorgan CEO says he has throat cancer; chemical explosion at GM plant kills one

BANKING
JPMorgan CEO says he has throat cancer

JPMorgan Chase chief executive Jamie Dimon said that he has been diagnosed with throat cancer but that the ailment is curable and he plans to remain actively involved in the business and continue to run the largest U.S. bank.

In a memo to the bank’s employees and shareholders Tuesday, Dimon said the cancer was caught at an early stage and is confined to the original site and the adjacent lymph nodes on the right side of his neck.

Dimon, 58, said he plans to remain on the job and be actively involved in key decisions while undergoing radiation and chemotherapy treatment.

The eight-week treatment will begin soon at Memorial Sloan Kettering Hospital in New York.

“I feel very good now and will let all of you know if my health situation changes,” Dimon said.

— Reuters

AUTOMOTIVE
Chemical explosion at GM plant kills one

A chemical explosion Tuesday at a General Motors metal-stamping plant in Indiana killed a contractor and injured several people, authorities said.

The blast killed James L. Gibson, 48, Grant County Coroner Stephen Dorsey said.

Marion General Hospital was treating five other people with non-life-threatening injuries, hospital spokeswoman Ann Vermilion told the Marion Chronicle-Tribune.

“The situation is contained. Everybody has been evacuated,” GM spokeswoman Stephanie Jentgen said in an interview.

The explosion involved a chlorine dioxide tank, and the chemical continued spilling out after the explosion, Marion Fire Chief Paul David said.

A hazardous-materials crew contained the spill, and firefighters were rinsing off the ­
skin of everyone who may have come into contact with the chemical.

— Associated Press

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