News
Apple takes a bigger bite of investor dollars
Despite a growing roster of legal problems in the Big Tech industry, investors are still bulling when it comes to...
JPMorgan reaches $290-million settlement with Epstein’s victims
After weeks of disclosures about its longstanding relationship with deceased sexual abuser Jeffrey Epstein, JPMorgan Chase reached a tentative settlement...
FTC Moves to Block Microsoft’s Activision Purchase
The Federal Trade Commission (FTC) filed suit Monday to block Microsoft's bid to purchase video game powerhouse Activision Blizzard in...
UBS absorbs Credit Suisse to become wealth management goliath
UBS (UBSG.S) announced Monday that it had completed its emergency takeover of embattled local rival Credit Suisse (CSGN.S), creating a giant Swiss...
Billionaire George Soros hands empire over to eldest son
Billionaire financier George Soros has decided its succession time, and announced on Sunday that he will be handing over control...
OpenAI CEO calls for cooperation with China to counter AI risks
While many U.S. companies are out to contain China’s progress in artificial intelligence through sanctions, OpenAI CEO Sam Altman is choosing engagement....
Novartis buys Chinook for $3.5 billion
Novartis (NOVN.S) announced Monday that it has agreed to acquire U.S. biotech firm Chinook Therapeutics (KDNY.O) for up to $3.5 billion to boost its...
The secrets of a tiny tech bank that is thriving
The United States is not particularly suffering because of the closure of a few regional banks. After all, it has...
Fed ready to pause to assess rate hike effects
Federal Reserve policymakers are on the verge of taking their first from an interest-rate hiking campaign that began 15 months...
Icahn forces CEO DeSouza out of Illumina
Illumina Inc's Chief Executive Officer Francis deSouza resigned Sunday after constant pressure from activist investor Carl Icahn, who had been...
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