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

Nvidia Becomes Third-Largest US Company After Beating Google's Alphabet in Market Cap
Nvidia surpassed Google's parent company, Alphabet, in market capitalization, securing its position as the third-largest company in the US.
Biden Administration Wants to Extend Anti-Money Laundering Regulations to Investment Advisers
The Biden administration wants to require investment advisers to detect and report suspected money laundering to the government.
Goldman Sachs Reportedly Under Investigation Over Fees Charged for Futures Trading
Goldman Sachs is reportedly facing an investigation over fees it charges for futures trading.
Amazon Founder Jeff Bezos to Sell As Many As 50 Million Shares by January 2025
Amazon founder Jeff Bezos is planning to sell as many as 50 million shares in the online retail and cloud services company.
Meta Says Mark Zuckerberg's Love of Extreme, Dangerous Sports Could Be a Problem for the Company
Meta CEO Mark Zuckerberg's fondness for combat sports and extreme water activities has become a concern for the company.
US Stock Market Could Get an Added Boost From Projected Buyback Revival in 2024
Companies purchasing back more of their own shares are expected to boost US stocks this year.
China's Stock Market Is Sliding After Brutal Crash This Week
This week has been so brutal for China's stock market.
Microsoft's Activision Acquisition and Investments on AI Drive 18% Revenue Surge
Microsoft surpassed analyst expectations on Tuesday, as its heavy investment in artificial intelligence (AI) produced good results.
European Stock Markets See Uneven Performance After 2-Year Peak
The European index rose 3.1% last week to its highest level since January 2022.
Elon Musk vs. Joe Biden: Telsa CEO Criticizes US President' Border Deal Saying, 'No laws Need To Be Passed'
Tesla and X CEO Elon Musk hit out Joe Biden's border deal. On his X account, he wrote, "No laws need to be passed."
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