News
Job Openings and Resignations Hit Record Highs in March
Employment openings in the U.S. exceeded the level of available workers by 5.6 million in March, the Labor Department reported....
Citi Is in ‘Active Dialogue’ to Sell Russia Consumer Business
Citigroup is speeding up the sale of its Russia consumer business, Chief Executive Jane Fraser said. “We’re selling our consumer...
Rivian to Get $1.5bn In Public Incentives for Georgia Plant
Electric carmaker Rivian will receive $1.5 billion in state and local incentives and tax credits for a new assembly plant...
JPMorgan CEO Jamie Dimon Praises Crypto’s Benefits
JPMorgan CEO Jamie Dimon defended investors’ rights to invest in cryptocurrencies praising their benefits over traditional banks. “Not all of...
Stock Market Ends April in Red Dragged by Tech Companies
US markets ended April in red as investors turned their backs on technology companies amid concerns about the economy. The...
Berkshire Hathaway Now Owns 9.5% of Activision Blizzard
Berkshire Hathaway now owns 9.5% of video game giant Activision Blizzard, Warren Buffett announced. “We now own something like 9.5%...
Musk Sells $8.4 bn in Tesla Stock After Deal to Buy Twitter
Elon Musk sold roughly $8.4 billion worth of Tesla shares this week, according to filings with the Securities and Exchange...
President Biden Asks Congress for $33bn to Support Ukraine
President Biden is asking Congress for $33bn in military, economic and humanitarian assistance to support Ukraine, a significant ramping up...
Amazon Reports Significant Loss in Quarterly Results
Amazon reported a significant loss in the first three months of the year sending the company's stock plunging. The net...
FDA Moves to Ban Sales of Menthol Cigarettes
The Food and Drug Administration proposed a new rule to ban menthol cigarettes and flavored cigars. “Through careful consideration of...
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