Business briefing: JPMorgan expands 'second-chance' hiring policy

JPMorgan Chase & Co. announced an expansion of its policy to hire more people with criminal records, potentially giving more former offenders a second chance to find work. The bank said it plans to spend $7 million to support programs in Chicago, Detroit, Seattle, New York City, Nashville and Delaware that work with people with criminal backgrounds to develop career skills. The bank already stopped putting questions about a person's criminal background on its applications and each year hires 2,100 people in the U.S. with criminal backgrounds.

The United Auto Workers said it has reached a tentative contract agreement for its workers at General Dynamics. The union, which represents UAW members at manufacturing plants in Ohio, Pennsylvania and Michigan, did not disclose details of the agreement Monday. The union said it must first brief its members on those details. General Dynamics, based in Falls Church, Va., is the country's fifth biggest defense contractor.