Latest Business News

Hyundai commits $7.4 billion in US investment by 2025

Hyundai commits $7.4 billion in US investment by 2025

South Korea’s Hyundai Motor Co., announced on Thursday it will soon start manufacturing electric vehicles in the United States. The automaker plans to produce EVs, upgrade produc

By Anna Domanska - May 14, 2021
US inflation report of 4.2 percent raises concerns

US inflation report of 4.2 percent raises concerns

The US reported the highest inflation recorded in the last dozen years at 4.2 percent in April, riding on government stimulus packages, improved energy prices, better spending and

By Anna Domanska - May 14, 2021
Aon – Willis asset disposal aims to ease approval of $30 billion merger

Aon – Willis asset disposal aims to ease approval of $30 billion merger

Aon Plc and Willis Towers Watson have agreed to sell $3.6 billion worth of assets to rival Arthur J. Gallagher & Co. in a bid to appease European competition regulators over th

By Anna Domanska - May 13, 2021
Roblox declares Q1, reports $387 million revenue as bookings increase

Roblox declares Q1, reports $387 million revenue as bookings increase

Roblox, the hugely popular online gaming platform, reported its first-quarter earnings after becoming a listed company. Its revenue more than doubled as the videogame company benef

By Anna Domanska - May 12, 2021
Weak US job report results in volatile market

Weak US job report results in volatile market

A weak job report resulted in a record close on Friday for the US stocks. The US labor department’s monthly non-farm payrolls report revealed employers hired 266,000 new workers

By Anna Domanska - May 11, 2021
Star and Blackstone launch bids to buyout Australia's Crown Resorts

Star and Blackstone launch bids to buyout Australia's Crown Resorts

A bidding war has broken out between Australian casino company Star Entertainment Group and US private equity investor Blackstone Group over Crown Resorts, Australia’s bigges

By Anna Domanska - May 11, 2021
JPMorgan Chase appoints two new CIOS in bid to make its C-suite more diverse

JPMorgan Chase appoints two new CIOS in bid to make its C-suite more diverse

JPMorgan Chase, the largest U.S. bank by assets, has appointed two new executives to head its information units in a bid to make its workforce more inclusive and increase racial an

By Christy Gren - May 10, 2021
US solar energy sector sees 7% drop in jobs

US solar energy sector sees 7% drop in jobs

The U.S. solar industry witnessed a 7% cut in jobs due to the coronavirus and increasing use of labor-saving tech in the industry, according to an industry report. Job decline is n

By Anna Domanska - May 10, 2021
Blackstone puts in an offer of $1.68 billion for St Modwen

Blackstone puts in an offer of $1.68 billion for St Modwen

Blackstone, the private equity firm, is planning to acquire St Modwen Properties, a logistics and housing developer, for £1.2bn ($1.68 billion) in a bid to take advantage of the P

By Anna Domanska - May 08, 2021

Current Issue

CEOs Fixing the Future of Supply Chain

CEOs Fixing the Future of Supply Chain

This issue of Industry Leaders Magazine explores a range of special topics such as automotive revolution, fundamental supply chain changes in a post-COVID-19 world and many more in order to motivate and encourage this sense of entrepreneurial spirit among our dear readers.

Business Opinion Articles

Small business groups form coalition to lobby for strong antitrust laws

Small business groups form coalition to lobby for strong antitrust laws

Small merchant groups are coming together to rally for strong antitrust laws to prevent big conglomerates like Amazon from swallowing up the smaller traders and businesses. Trade g

By Anna Domanska - Apr 08, 2021
Luxury car sales witness a boom during Corona times as bored rich and famous splurge

Luxury car sales witness a boom during Corona times as bored rich and famous splurge

The automobile industry witnessed a downturn during the Pandemic, with most of the world in a lockdown and people avoiding big purchases. But one segment of the sector seems to hav

By Anna Domanska - Apr 03, 2021
Banks commit $750 billion in fossil fuels despite pledging to support net-zero emissions

Banks commit $750 billion in fossil fuels despite pledging to support net-zero emissions

The drive for sustainable energy funding gained momentum after the public health crisis and the fallout of climate change and natural disasters on the global economy. According to

By Anna Domanska - Mar 26, 2021
Tesla’s kiss of confidence sends Bitcoin price skyrocketing

Tesla’s kiss of confidence sends Bitcoin price skyrocketing

The $1.5 billion worth of Bitcoin will give the electric vehicles maker liquidity in the digital currency once it begins accepting Bitcoin for payments. The automaker had more than

By Anna Domanska - Feb 09, 2021
Automakers feel the supply chain crunch as chip shortage worsens

Automakers feel the supply chain crunch as chip shortage worsens

A sales rebound has left global auto industry leaders facing a shortage of chips with many idling plans to trim production until inventories are in order.

By Anna Domanska - Feb 04, 2021
GameStop story: Amateur traders take down Wallstreet

GameStop story: Amateur traders take down Wallstreet

GameStop is a US-based retail chain store selling video games CDs, consoles, and other related electronics. With the gaming world becoming more tech-savvy and moving totally online

By Anna Domanska - Jan 29, 2021
Access liquidity pushes capital market frenzy

Access liquidity pushes capital market frenzy

Companies have raised over $400 billion in the first three weeks of 2021 as stimulus packages from governments and central banks have led to very favorable conditions for borrowers

By Christy Gren - Jan 27, 2021
Banking Industry Leaders Face Tough Choices

Banking Industry Leaders Face Tough Choices

The earnings season in Europe starts this week, and the banking industry executives are sure to come under fire from shareholders, boards and regulatory authorities. The European b

By Christy Gren - Jan 26, 2021
Netflix gets overweight rating from analysts for 4th quarter

Netflix gets overweight rating from analysts for 4th quarter

Netflix will report fourth-quarter earnings Tuesday and its results will be a strong indication for an industry waiting to transition to a post-Covid economy. Netflix reported a ro

By Anna Domanska - Jan 19, 2021
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