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

HSBC Is Considering Selling Some Business Units in Germany to Focus on Asia as It Further Exits From Europe
HSBC is reportedly considering selling various business units in Germany.
Swiss Banking Giant UBS Launches New Share Buyback Program of up to $2 Billion
Swiss banking giant UBS revealed a new share buyback program of up to $2 billion on Tuesday.
Looking to Make the Best Investment? Financial Adviser Says the Bible Can Help
Financial adviser explores how biblical stories offer timeless investment lessons.
Major AI Companies Unite to Create the World's First Artificial Superintelligence Alliance Worth $7.6 Billion
SingularityNET, Fetch.ai, and Ocean Protocol join to form the Artificial Superintelligence Alliance, merging $FET, $OCEAN, and $AGIX tokens to create a decentralized AI network worth $7.6 billion.
Donald Trump's Truth Social Stock Skyrockets on Its First Day of Trading on Nasdaq
Donald Trump's social media firm, Truth Social, saw its stock surge about 16% on its first day of trading on the Nasdaq.
Adam Neumann Offers Over $500 Million Bid to Reacquire WeWork, Report Says
Adam Neumann attempted to buy back WeWork, the office-sharing company he co-founded and once valued at $47 billion before filing for bankruptcy in November.
Citigroup to Complete Sweeping Overhaul This Week After Laying Off 5,000 Employees
Citigroup has entered the final phase of an extensive overhaul to streamline its operations and enhance performance.
Tinder's Match Group Welcomes New Directors to Board Following Deal with Investor Elliott
Match Group, the parent company of Tinder and Hinge, adds two new directors after discussions with activist investor Elliott.
Trump's Social Media Company, Which Owns Truth Social, Set To Go Public; Ex-President Could Net $3 Billion Soon!
The DWAC voted in favor of merging with Trump Media & Technology Group, which owns the Truth Social platform.
Joe Lewis: British Billionaire Who Admitted to US Insider Trading Argues He Shouldn’t Go to Jail
British billionaire Joe Lewis pled guilty to insider trading and sought supervised release for three years and a $5 million punishment instead of jail time.
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