Online retail giant Amazon is teaming up with investor Warren Buffett's Berkshire Hathaway and New York bank JPMorgan Chase to create a healthcare company "free from profit-making incentives" that helps their US employees find quality care at a reasonable cost.

Facebook’s Sheryl Sandberg, JP Morgan Chase’s Jamie Dimon, and Alibaba’s Jack Ma will share the spotlight with a prize-winning South Korean robot called Hubo at the annual meeting of the World Economic Forum this week in the Swiss ski resort.

Investment banking giant JP Morgan Chase posted a 16% drop in profits today after a year of record fines that included its Madoff ponzi scheme settlement and London Whale trading scandal.