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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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- 2 days ago
- 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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- Jan 4
- 1 min
WSJ reports Amazon layoffs to hit over 18,000 workers
According to report by Wall Street Journal today, Amazon Inc’s layoffs will likely affect 18,000 workers. This is touted to be biggest...
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- Dec 21, 2022
- 1 min
FTX boss Sam Bankman-Fried flying to the US to face fraud charges
The Bahamas ordered Sam Bankman-Fried, the founder of collapsed cryptocurrency business FTX, to be extradited Wednesday to face charges...
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- Dec 20, 2022
- 1 min
Democratic-led house to release Trump’s tax return in coming days
The Democratic-led House Ways and Means Committee said today that it would release former President Donald Trump’s tax returns in coming...
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- Dec 19, 2022
- 1 min
The first look of banknotes bearing King Charles III revealed by Bank of England
The new look of banknotes featuring the image of King Charles has been unveiled by the Bank of England. New notes will feature the King's...
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- Dec 12, 2022
- 1 min
FTX founder Sam Bankman-Fried arrested in Bahamas
The founder of the collapsed cryptocurrency exchange FTX, Sam Bankman-Fried has been arrested in Bahamas, he country's attorney general...
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- Nov 18, 2022
- 1 min
Pregnant Elizabeth Holmes, Theranos founder, jailed for fraud
Theranos founder Elizabeth Holmes has been sentenced to over 11 years in prison for defrauding investors in her blood testing start-up...
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- Nov 2, 2022
- 1 min
Fed hikes interest rates again
The Federal Reserve on Wednesday raised interest rates by three-quarters of a percentage point as it continued to battle the worst...
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- Oct 27, 2022
- 1 min
BREAKING: Elon Musk takes over Twitter, fires top executives
Elon Musk took over social media company Twitter on Thursday, and fired top executives he had accused of misleading him and providing...
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- Oct 19, 2022
- 1 min
Tesla reports third-quarter earnings, Elon Musk addresses Twitter takeover and possible recession
Tesla reported $1.05 in adjusted EPS, ahead of expectations of 99 cents, on revenues of $21.45 billion, lighter than the $21.96 billion...
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- Oct 18, 2022
- 1 min
Stock market gains momentum
Stocks rose on Wall Street Tuesday and added to weekly gains for major indexes that have been bogged down in a broad slump amid inflation...
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- Oct 12, 2022
- 1 min
Toronto has highest housing bubble risk in the world: International report
According to report by Swiss bank UBS, Toronto has the highest housing bubble risk in the world. It beats cities such as Frankfurt and...
86 views0 comments
- Oct 10, 2022
- 1 min
JPMorgan Chase CEO Jamie Dimon warns of recession
Stock market took a dive on Monday afternoon after comments from JPMorgan Chase CEO Jamie Dimon, who warned that the United States is...
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- Oct 10, 2022
- 2 min
Stock markets reflect echo of recession
The stock market fell Monday on continued concerns about rising job activity and higher inflation. September inflation numbers are due...
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- Oct 3, 2022
- 1 min
Economy: Credit Suisse stock slides amid concerns over financial health
Shares of Swiss bank Credit Suisse plunged on Monday morning as the concerns regarding the financial health of the bank rose. Its shares...
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