JP Morgan CEO Faces Criticism Over Ambiguous Spending Plans
The bank’s spending plans also had an adverse effect on its stocks. Despite doing exceptionally well in the past year, the bank’s shares fell over 6% after the announcement.
Warren Buffett’s Berkshire Finds a Worthy Bargain in Alleghany Corp
The acquisition is set to end Berkshire’s investment drought and the American conglomerate will utilize some of the $146.7 billion of cash and equivalents his company had last ye
Bain Capital Launches $560 Million Crypto-Native Fund
Bain Capital Crypto managing partner Stefan Cohen stated that, “We believe that we are at the precipice of a monumental technology shift towards open, community-driven, and decen
Bent & Broken: Better Layoffs On the Horizon
Since letting go 900 employees in a 3-minute Zoom call in December, Better.com has reportedly been losing senior executives.
Tesla Secures Environmental Approval for First Gigafactory in Europe
Tesla recently gained conditional approval for its German gigafactory outside Berlin, ending months of delays for the 5 billion euro ($5.5 billion) landmark plant.
Grab’s Shares Crash as Losses Mount to $1.1 Billion
Heavy incentive spending, focussed on growth, have had a detrimental effect on its revenue as the app faces stiff competition in growing markets.
Citigroup has nearly $10 billion in total exposure to Russia
Citigroup, which bills itself as the world’s truly global bank, said in the filing that it has a total of $8.2 billion at its investment banking and retail operations in Russia.
JPMorgan Announces a New Bank Branch After Becoming the First in Metaverse
JPMorgan has opened its virtual Onyx Lounge in Decentraland’s Metajuku mall, making it the first bank to enter the metaverse officially.
AMC Stock May Face a New Change in Shares
AMC stocks are sharing amazing moves with the stock market! Since, the all-time high of $72.62 in May-June 2021, AMC is catering to changes like taking Bitcoin, Ether, and other cr