Dec 03, 2023 Last Updated 02:00 AM EST
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Erika Dee

Jeff Bezos

News

Jeff Bezos Defamation Suit Dismissed, Amazon CEO Now Wants $1.7M Legal Fees

The case by Sanchez against Bezos did not prosper.
Dubai

News

Luxury SBE Corporation to Open 50 New Hotels Regardless of Pandemic

The luxury hospitality company even made the announcement of this seemingly unimaginable goal to the public through a press release on Thursday.
AMC Theaters

News

How AMC Theaters Stopped COVID-19 Bankruptcy By Raising Nearly $1 Billion

There is no denying that one of the hardest hit industries by the coronavirus pandemic is the film industry.
JPMorgan

News

Houston Saves Program: It 'Pays' to Save with JP Morgan Chase, Literally

The company is offering $20 for every $30 you save each month.
Harriet Tubman on $20 Bill

News

$20 Bill New Face: Biden to Change Ex-President Andrew Jackson's Face With Harriet Tubman

On January 25, Biden press secretary Jen Psaki said that the Treasury Department is already acting to restart efforts to put the 19th century abolitionist leader on the currency note
Unemployment Claims

News

California: Fraudsters Stolen $11 billion From Fake Unemployment Applications Amid Pandemic

There is still around 17% of the rest of total benefits paid during the same time frame being investigated up to now.
Billionaire Facts: Elon Musk Wakes Up at 7, Skips Breakfast, And More

News

California's Mass Tech Exodus: What's Driving Tech Giants Away?

Apart from Elon Musk, presently the world's richest man, tech industry personalities such as Larry Ellison, Drew Houston, and Joe Lonsdale have decided to move out.
Third Stimulus Checks: Are You Ready?

Personal Finance

Step-by-Step Guide on Getting Your Stimulus Check (2020 Return or 2nd Stimulus)

It's still possible for you to claim the money you are entitled to, as long as you file your 2020 tax return through the IRS Recovery Rebate Credit.
Stock Market

Markets

India Stocks to Monitor: RIL, UtraTech Cement, YES Bank, Grasim and More

Some have performed unexpectedly well, while others have great strategies in plan for better performance down the road.
Is the Stock Market Overheating? Telltale Sign Suggests S&P 500 Trouble on the Horizon

Markets

Stock Market Overheating? Signs Suggest S&P 500 Trouble on the Way

Historically, there were only several times when the S&P 500 reached a move above a P/E of 30. Every time that happens, a massive S&P 500 disaster follows.
Ray Dalio

Markets

Top 20 Hedge Funds Make Record-Breaking $63.5 billion in 2020

According to the data presented by LCH investments, technology-oriented stocks are at the forefront of this record, because they allowed for a significant rebound from a sell-off triggered by the pandemic.
Deutsche Bank AG Headquarters

News

Deutsche Bank Employees Allegedly Part of Scheme; Bank Starts Investigation

Reportedly, the Deutsche Bank placed clients' firms wrongly, violating the Markets in Financial Instruments Directive rules.
PresidentJoe Biden

News

China Beats US as Top FDI Destination; Is this President Biden's Biggest Challenge?

The year 2020 also the first year in history that foreign direct investment in China overtook that of the US. Will this affect President Biden's leadership?
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Latest Stories

Unwanted Goods? Retailers Turn to "Keep-It" Policies to Curb Rising Return Costs

A number of companies are advising customers not to bother returning items for a refund due to the high expense of processing, repackaging, and trying to resell stuff. Rather, they are stating that you may retain it and still receive a refund.

Saudi Fund Urged to Withdraw from Altman-Backed AI Chip Venture in US

On Thursday, the Biden administration has compelled a venture capital firm supported by Saudi Aramco to sell its stake in a Silicon Valley AI chip business that is supported by Sam Altman, the co-founder of OpenAI.

Biden Administration's Push to Reduce China Reliance May Hinder EV Tax Credits

President Joe Biden's aim of having half of all new passenger vehicles sold in the United States run on electricity by 2030 may be hampered by new restrictions that were announced on Friday.

UK Government Intervenes to Investigate Potential Abu Dhabi Takeover of The Telegraph

The culture and media secretary has stepped in to investigate the Daily Telegraph's sale to a business supported by the royal family of Abu Dhabi.

Nvidia's Secret Weapon? Tiny Singapore Packs a Powerful Chip Punch

When the American chip company Nvidia released its impressive third-quarter earnings last week, industry watchers noted that a sizable portion of its income originated from a single little country.

Must Read

Soccer Star Cristiano Ronaldo Faces $1 Billion Lawsuit for Promoting Binance NFTs

Cristiano Ronaldo, a Portuguese soccer player, is being sued in a class-action lawsuit for his part in pushing to millions of his followers cryptocurrency-related "non-fungible tokens," or NFTs, released by the struggling cryptocurrency exchange Binance.

Tesla's Cybertruck: High Price Could Dampen Enthusiasm for Electric Pickup

The starting price for Tesla's long-delayed Cybertruck is $60,990, which is more than 50% more than what CEO Elon Musk had advertised in 2019 and a price that experts predict would appeal to a privileged few.

Oil Markets Brace for Impact as OPEC+ Announces Production Cuts

The OPEC oil cartel, led by Saudi Arabia and allied producers like Russia, took another huge go at supporting lagging crude prices on Thursday, extending some supply restrictions into next year and pulling in up-and-coming oil provider Brazil.

JPMorgan Acquires Significant Stake in Spanish Defense Contractor Indra

JPMorgan purchased a 10.6% stake in Spanish defense systems producer Indra (IDR.MC), according to the stock exchange regulator on Thursday.

GM Boosts Shareholder Returns Amidst Labor Challenges

On Wednesday, General Motors unveiled a major stock buyback program, doubled its dividend, and informed investors that it can withstand additional labor costs from a six-week autoworkers strike.

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