UPS Picks Goldman Sachs to Oversee Its $43.4 Billion Pension Funds

UPS has picked banking giant Goldman Sachs to handle its $43.4 billion pension fund assets in the United States and Canada.


Billionaire Frank McCourt Launches Bid to Acquire TikTok, Aiming to Forge an Alternative Internet

Billionaire Frank McCourt is organizing a group to acquire TikTok's US businesses, joining a growing list of investors seeking chances under a new legal order to sell the platform's Chinese parent com..

Berkshire Hathaway Reveals $7 Billion Investment to Swiss Insurer Chubb

Warren Buffet’s company Berkshire Hathaway divulged that it has recently made a $7 billion investment in Swiss insurer Chubb...

Embattled New York Community Bancorp to Sell $5 Billion of Mortgage Warehouse Loans to JPMorgan Chase

New York Community Bancorp (NYCB), a regional lender facing financial challenges, has announced its agreement to sell approximately $5 billion in mortgage warehouse loans to JPMorgan Chase...


Latest News

Goldman Sachs, Barclays Reportedly Compete to Acquire General Motors' Credit Card Business
Goldman Sachs and Barclays are reportedly vying to acquire General Motors' credit card business.
US Regulators Take Hold of Troubled Lender Republic First and Agree to Sell It to Fulton Bank
US regulators have taken hold of Republic First Bancorp and arranged to sell it to Fulton Bank.
Google's Parent Company Alphabet Approves First-Ever Dividend as Shares Skyrocket
Alphabet Inc. gains impressive revenue growth in its digital advertising sector and promising advancements in artificial intelligence.
Mark Zuckerberg Wants Investors to Wait for Their Long Term AI Vision Following Decline in Stock
Mark Zuckerberg seeks investor patience as Meta continuously pushes for AI projects, despite warnings and premarket stock decline fueled by increased spending and slower sales growth.
Facebook, Instagram Parent Company Meta Shares Tumble Amid Continued Push Into AI Development
Wall Street was alarmed by Meta's aggressive drive into AI development, despite the technology company's first-quarter earnings and revenues increasing 27% to $36.46 billion
Donald Trump Eligible for Bonus Shares Worth Over $1 Billion from Truth Social Parent Company
Donald Trump, who owns 60% of Trump Media with 78.75 million shares, will get the bonus because the stock stayed above $17.50 per share for 20 out of 30 days.
SEC Accused of Illegally Monitoring Stock Market Investors in the US
The SEC is illegally collecting data on all US stock market investors, according to a new lawsuit.
Trump Media Investors Finally See Uptick in Their Shares for 2 Straight Days
Trump Media shares closed almost 26% higher on Thursday.
Tinder for Business: Angel Investors Can Find Best Business Match, Thanks To Cherub App
This Tinder-like business app can help angel investors find the best business matches. What to know about Cherub.
AI Could Replace Wall Street Analysts! Who are Affected?
AI bots could soon replace Wall Street analysts. Sources within major banks revealed the details.
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