$400M forfeited by Wells Fargo
Wells Fargo is at the middle of big scandal right now as it is being investigated by board and senate.Answers several authority inquiry.
Corporations
Trump Media Investors Finally See Uptick in Their Shares for 2 Straight Days
Trump Media shares closed almost 26% higher on Thursday.
Moderna Pauses Kenya Plant Plan After Losing $1 Billion as COVID-19 Vaccine Demand Slumps
Moderna announced on Thursday that it has decided to halt its plans to construct a vaccine manufacturing facility in Kenya due to a decrease in demand for COVID-19 vaccines after the pandemic...
Donald Trump's Truth Social Stock Continues to Rapidly Fall, Wiping Out Billions of Dollars in Value
Shares of Trump Media & Technology Group, the social media company that former President Donald Trump recently took public, continue to rapidly fall...
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...
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 dire...
Warren Buffett-Led Berkshire Hathaway Raises Pay for the 93-Year-Old Billionaire's Successor Greg Abel to $20 Million
The Warren Buffett-led conglomerate Berkshire Hathaway has increased t...
Latest News
Alibaba Gets $1 Billion Stake Investment In Lazada
Alibaba is about to acquire Singaporean start-up Lazada for about $1 billion that was established by the German technology Rocket Internet. Existing shareholders including Tesco, AB Kinnevik and Rock
Competition Heats Up In China Between Uber And Didi Which Raised Funding Target to Over $1.5 Billion
Didi's target for funding has raised to $1.5 billion to compete with Uber in China. Didi operates in 400 cities and is expected to accelerate to about 10 million at the end of the year.
Italy's Enel Green Power Dominated the Bid for Mexico's Renewable Energy, Wins 3 Solar Projects
Mexico will be rich in renewable energy as private energy companies flock to the state to provide them with electricity generated from clean energy to be sold to Comisión Federal de Electricidad. Ital
Silicon Valley on India: Striking The Iron While It's Hot
There is a saying "Strike while the iron is hot". That is what Silicon Valley is doing - investing big in India where the economy grows faster.
Roofstock Raised $13.25 Million, Inaugurates Rentals Marketplace
Roofstock gets Series A funding of $13.25 million led by Bain Capital Ventures. The funds will be used in an online marketplace and will be launched on Thursday in Florida.
Billionnaire Investor Carl Icahn Posted His Worst Loss Since 2008
Activist investor Carl Icahn on Monday reported a loss of $1.7 billion investment in 2015. This was a 18% down from previous year.
Blippar Raises $55 Million to Broaden and Develop Its Augmented Reality
Blippar has a total funding of $55 million in Series D including those from its present investors which CEO and founder Ambarish Mitra called as investors with 'long-term vision'. The said fund will
