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IMF appeals US parties to avoid government shutdown
On Thursday, the International Monetary Fund (IMF) expressed concerns over the potential shutdown of the U.S. government, emphasizing...
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- Aug 12
- 2 min
Watchdog reveals that the IRS is unable to locate millions of backup tax records.
A recent report from the Treasury Inspector General for Tax Administration has unveiled that the Internal Revenue Service (IRS) is facing...
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- Aug 1
- 2 min
India's Decision to Ban Rice Exports Triggers Global Price Concerns
On 20 July, India made a significant move by imposing a ban on exports of non-basmati white rice in an effort to stabilize domestic...
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- Jul 24
- 1 min
FedEx pilots reject 30% pay hike
The proposed labor deal for FedEx pilots has been rejected, but this doesn't imply an imminent walkout like UPS is facing with its own...
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- May 19
- 1 min
RBI to withdraw Rs 2,000 notes from circulation, will continue as legal tender
The Reserve Bank of India (RBI) has announced its decision to withdraw the circulation of Rs 2,000 currency notes from the market. The...
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- Apr 28
- 2 min
US FED blames SVB's failure on management
Last Friday, a highly-anticipated report was released regarding the collapse of Silicon Valley Bank (SVB). The report, published by the...
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- Apr 25
- 1 min
Microsoft posts stronger than expected Q3 Result, shares climb
Microsoft Corp. reported better-than-expected results for its latest quarter, leading to an initial rise in share prices despite concerns...
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- Apr 24
- 1 min
Apple Wins Appeal in App Store Case by Fortnite Maker Epic Games
On Monday, the Ninth U.S. Circuit Court of Appeals upheld a 2021 ruling that mostly supported Apple's App Store policies against Epic...
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- Apr 23
- 2 min
Bed Bath & Beyond Files for Bankruptcy
After years of losses and failed turnaround plans, Bed Bath & Beyond Inc. has filed for bankruptcy protection and plans to wind down its...
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- Apr 23
- 1 min
Sundar Pichai, CEO of Google, Received $226 Million in Compensation in 2022
According to a regulatory filing released on Friday, Sundar Pichai, CEO of both Alphabet Inc. and Google, has been granted compensation...
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- Apr 9
- 1 min
Tesla Plans to Construct a New Energy Storage Battery Plant in China
According to Chinese state media, Tesla is expanding its presence in China by building a new factory in Shanghai that will produce the...
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- Apr 4
- 1 min
‘I Am Truly Sorry’: Credit Suisse Chairman
Credit Suisse Group AG's annual shareholder meeting on Tuesday was supposed to mark the beginning of its recovery, but instead, it became...
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- Apr 1
- 1 min
Lawsuit Alleging JPMorgan's Links to Jeffrey Epstein Leads to Subpoenas for Google Co-Founder
According to various news outlets, the attorney general of the U.S. Virgin Islands has issued subpoenas to four wealthy individuals in...
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- Apr 1
- 1 min
New York Hush-Money Indictment Prompts Donald Trump to Prepare for Surrender
Preparations for Donald Trump's surrender to face charges related to hush money payments made to a porn star have begun. Both New York...
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- Mar 26
- 1 min
Elon Musk's Stock Grant Offer to Employees Values Twitter at Approximately $20 Billion
According to an email seen by The Wall Street Journal, Elon Musk announced that Twitter employees will receive stock awards based on a...
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- Mar 24
- 2 min
Founder of First Republic Bank and Family Members got paid significantly
According to public disclosures made as part of annual filings, First Republic Bank has paid millions of dollars to family members of its...
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- Mar 16
- 2 min
TikTok's CEO Argues that a Sale is Insufficient to Address Security Concerns in Washington
Shou Zi Chew, the CEO of TikTok, has stated that selling the popular video app to an American owner won't address the country's...
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- Mar 16
- 2 min
First Republic Bank Receives $30 Billion in Deposits from Eleven Banks
To halt the spread of panic after two recent bank failures, the major US banks came to the rescue of First Republic Bank with a massive...
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- Mar 5
- 1 min
Biden administration working on new rules for investment in China
The United States administration under President Biden is planning to introduce a new program that may restrict American investment in...
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- Feb 4
- 1 min
Canadian teenager becomes youngest person to win $48m jackpot lottery
18-year-old Juliette Lamour, from Sault Ste Marie, Ontario became the youngest person to win tens of millions of Canadian dollars. She...
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