Finance/Venture

What Empower Finance's Acquisition of Petal Means for Cardholders

Empower Finance acquires Petal, merging strengths for cardholders. Potential access to Empower's financial tools may come with subscription fees.


Trump Media Provides Short-Selling Prevention Tips Following DJT Stock Price Decline

After a 63% decrease in DJT's share value, Trump Media has advised shareholders on protecting their stocks from short selling, with detailed instructions now available on their FAQ page...

Tech Giants Gear Up for Earnings Showdown; Investors Await if AI Strategies Turned Into Profits

Tech giants, including Apple, Microsoft, and Nvidia, are up for earnings showdown season, with Generative AI taking center stage as companies aim to translate AI investments into tangible profits...

Tesla Wants to Reapprove $56 Billion Salary for Elon Musk After a Court Decision Called it 'Flawed'

Tesla wants shareholders to agree to give Elon Musk a $56 billion pay package following a void from Delaware's court ruling, prompting the EV company to move its company registration to Texas instead...


Latest News

Italian Banks Face a Bailout Following a Surmounting Bad Loans
Italy faces a €4.95 billion ($5.65 billion) bailout after bad loans in its banks accumulated to an alarming rate. The bank shares have lost close to half of its value in the last 12 months.
JPMorgan advises investors to vote against the splitting proposal
JPMorgan Chase has advised its shareholders to vote against the proposal to split up the bank. The bank warned its shareholders that the breakup proposal will not benefit its investors.
Ashoka Buildcon Staged a Sharp Recovery After 20% Plunge in Stock Market
One of India's largest highway and road developers prepared to recover after a massive loss in Wednesday. The company's stock slumped following the raid of tax officials.
Wall Street Fell on Thursday As Fear of Global Slowdown is Lurking
Plunge of indexes brings the market to negative territory. Financial sectors led the plunge over fear of global financial slowdown.
Regulators Aim To Govern Fintech To Protect Billion Dollar Market Opportunity
Financial tech and its $147 billion potential market opportunity required financial regulators to supervise the industry. In 2015, investments in the fintech sector doubled, reaching $14 billion.
Alibaba’s Alipay Will Launch European Expansion This Summer
Alipay is working on a plan to launch services in Europe this summer. The service will make it easier Chinese tourists to make transactions with European merchants using the app.
Angola Seeks IMF Help as Oil Price Hit The Economy
The second largest oil producer in Africa will start negotiate with IMF next week for a bailout program. Continuous drop of oil price hit Angola economy after years of prosperity from oil production.
Valeant Stocks Continue to Rally in Two Days After Comment from Bill Ackman
Bill Ackman made nearly nearly $170 million in one day in a Valeant two-day rally. His comment on Valeant Pharmaceutical showed his capability as a remarkable hedge fund manager.
Goldman Sachs-backed CompareAsiaGroup gets new CEO Sam Allen
Goldman Sachs-backed consumer finance startup CompareAsiaGroup got its new CEO Sam Allen. In 2015, CompareAsiaGroup closed a Series A round of funding led by Goldman Sachs and is planning to go for a
Draft of EU Anti-Tax Evasion Law is Under Pressure after Panama Leaks
Advocacy groups heavily criticized the draft as it allows company to hide their activities. Meanwhile, Iceland Prime Minister has resigned following protest over Panama leaks.
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