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.


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.

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.


Latest News

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 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.
Prominent student housing figure Patrick S. Nelson is facing a turbulent legal battle with debts reaching $115 million.
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 seek merger and acquisition opportunities in the United States in the years ahead.
The Warren Buffett-led conglomerate Berkshire Hathaway has increased the pay of Greg Abel, the 93-year-old billionaire's designated successor, to $20 million.
China's central bank withdrawal indicates cautious economic growth, disappointing stimulus hopes, and limited policy options amid yuan decline and global rate disparities.
Swedish global investment company EQT will return 20% of Ottobock's investment to its significant shareholders.
JPMorgan Chase CEO Jamie Dimon is urging the US Federal Reserve to exercise patience and refrain from cutting interest rates until after June.
The U.S. Commerce Secretary announced that the Philippines is expected to receive $1 billion from U.S. firms.
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