News
Warren Buffett Charity Lunch Auctions at $19 Million
An anonymous bidder paid a record-breaking $19 million for a private lunch with Warren Buffett last Friday. The winner will...
Conference Board Survey Says 60% of CEOs Expect Recession by 2023
More than 60% of CEOs globally believe their region will enter a recession by the end of 2023, according to...
SpaceX Employees Fired After Writing Letter Criticizing Elon Musk
SpaceX fired at least five employees after they criticized CEO Elon Musk and called the firm to be more inclusive...
Jerome Powell Says the Fed is ‘Acutely Focused’ on Fighting Inflation
Federal Reserve Head Jerome Powell reiterated the central bank’s commitment to tackle inflation, since it is essential for the global...
Tesla Increases Prices Again Amid Rising Costs
Tesla raised prices for all its car models in the U.S., amid ongoing global supply-chain issues and rising costs in...
Revlon Files for Chapter 11 Bankruptcy Protection
Revlon filed for Chapter 11 bankruptcy protection as the cosmetics giant is suffering from a debt load and a clogged...
Lego to Invest $1 Billion on New U.S. Factory
Lego is planning to invest more than $1 billion over the next 10 years in a new U.S factory, the...
Fed Hikes Rates by 0.75 Point, the Largest Increase Since 1994
After weeks of speculation the Federal Reserve raised interest rates by three-quarters of a percentage point on Wednesday, setting a...
Bill Gates Says Crypto and NFTs Are Based on ‘Greater Fool Theory’
Cryptocurrencies or non-fungible tokens are based on a greater fool theory, said Microsoft co-founder Bill Gates. “100% based on greater...
Volkswagen Could Sell More EVs Than Tesla by 2024
Volkswagen could dethrone Tesla as the top EV seller by 2024, according to a Bloomberg Intelligence report. While Volkswagen Group...
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