Federal Reserve Chair Jerome Powell has spoken about rate cuts as still being in the policy-setting playbook, but there is currently no eagerness to use […]
Category: Business
Warren Buffett Trims Apple, Bank of America Holdings in Q3; Adds New Stocks to Berkshire Portfolio
Warren Buffet’s Berkshire Hathaway released its Q3 portfolio maneuvers, which include selling down its stakes in technology giant Apple and Bank of America, as well […]
Amazon Shuts Down Secret Project to Develop Fertility Tracker
Amazon has quietly discontinued a secret project aimed at developing a wearable fertility tracker, halting efforts to enter the highly competitive fertility technology market. The […]
7-Eleven Owner Explores Going Private in Japan’s Largest $58 Billion Buyout
The parent company of 7-Eleven, Seven & i Holdings, is considering going private in a monumental $58 billion buyout, potentially marking Japan’s largest-ever leveraged buyout […]
Volkswagen Announces $5.8 Billion Partnership with Tesla Rival Rivian
Volkswagen (VW) announced a huge $5.8 billion partnership with US electric vehicle startup Rivian, a rival to Tesla. The groundbreaking alliance will accelerate both firms’ […]
OpenAI Co-Founder Greg Brockman Returns After Three-Month Leave
Co-founder and Chairman of OpenAI, Gregory Brockman, is back at work has been on leave for three months to continue his leadership at this significant […]
Apple’s Future Focuses on Smaller Innovations Over Next Big Product
Now, from this company that just transformed the world of devices with some pioneering innovation, one is moving away from big-bang innovations and is instead […]
FTX Sues Binance and Former CEO Changpeng Zhao for $1.8 Billion
This is one of the most significant legal events in the decentralized finance sector, which has gross consequences for both platforms – FTX suing Binance […]
Historic F.P. Journe Wristwatch Sells for Record $8.4 Million
This rare F.P. Journe wristwatch sold for a record-shattering $8.4 million at an auction to the delight of horology enthusiasts and collectors. It marks a […]
Bitcoin Hits Record High of $80,000 as Trump Nears Sweep of U.S. Congress
Bloomberg reported that due to mounting investor speculation of sweeping majorities, former President Donald Trump’s party is likely to dominate both chambers of Congress. This […]