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.
Investors
Google’s Parent Company To Invest $5 Billion in Self-Driving Car Unit Waymo
The self-driving car units are now in service in Metro Phoenix, San Francisco, Los Angeles, and Austin.
Social Security Payments Worth Over $4,800 To Go Out This Week; Here’s When You’ll Get Yours
The new round of monthly payments will be sent out to eligible retirees born on or after the 21st of a month...
Social Security Benefits Lost 20% of Buying Power Due to Inflation, Outlook for 2025 Is Grim
To compensate for the lost value, payments would need to increase to more than $4,400 a year. Read more here...
US Presidential Elections 2024 May Impact Financial Market, Personal Investments
Previous election seasons saw the S&P 500 slump and the Dow Jones Industrial Average trade below 11,000...
Tech Billionaires Shift Support to Trump Over Fear From Biden's Antitrust Laws
Silicon Valley tech billionaires are backing Donald Trump through dona...
Chinese Carbon Tech Firm XDS Invests on Mark Cavendish’s Cycling Team Astana Qazaqstan
Chinese carbon bicycle technology manufacturer XDS confirmed Monday (J...
Latest News
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.
Citigroup Sells Most Non-US Consumer Businesses as Its Biggest Overhaul Progresses
Citigroup has sold its non-US consumer business operations in nine out of 14 regions and "substantially wound down" three more in Korea, Russia, and China.
Singtel to Launch Next-Gen NVIDIA AI Chips for a Groundbreaking Computing Services in Southeast Asia
Singtel partners with NVIDIA for new AI Chips that launch GPU-as-a-Service (GPUaaS), offering on-demand access to AI-powered cloud computing with accelerated graphics processing units (GPUs).
South Korea Announces $313 Billion Funding for Projects to Fight Climate Change
South Korea has committed to providing 420 trillion won ($313.4 billion) in policy loans to finance projects that will help the country meet its climate goals.
Student Housing Pioneer Patrick Nelson Grapples with $115 Million Legal Debacle, Investor Outrage
Prominent student housing figure Patrick S. Nelson is facing a turbulent legal battle with debts reaching $115 million.
Reddit Set to Make Public Debut; Why This Might be a Good News for Investment Banks?
On Sunday, sources indicated Reddit's IPO is four to five times oversubscribed, making it more likely to reach its $6.5 billion valuation.
Swiss Banking Giant UBS Intends to Broaden Business Footprint in the US
Swiss banking giant UBS intends to seek merger and acquisition opportunities in the United States in the years ahead.
