As diamonds are mined and refined, they are usually produced in a single, highly-controlled, highly productive plant.But blue diamonds have their own unique set of challenges.Blue sapphs, like diamonds, are mined in small clusters, often located in the same region of the earth, which means they need to be processed in separate mines.This makes it …
Chase Sapphire Preferred earns $6.5M for its first-ever loss in the market
Chase Sapphire Reserve earned $6 million for its biggest quarterly loss in history on Thursday, and the bank said it is targeting $20 million to $30 million in additional losses in the next 12 months.The bank said its average daily net loss for the quarter was $5.1 million. Chase said Thursday that it will reduce its …