JP Morgan CEO Faces Criticism Over Ambiguous Spending Plans

JP Morgan CEO Faces Criticism Over Ambiguous Spending Plans

By Christy Gren - Mar 24, 2022

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.

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Warren Buffett’s Berkshire Finds a Worthy Bargain in Alleghany Corp

Warren Buffett’s Berkshire Finds a Worthy Bargain in Alleghany Corp

By Christy Gren - Mar 22, 2022

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

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Bain Capital Launches $560 Million Crypto-Native Fund

Bain Capital Launches $560 Million Crypto-Native Fund

By Christy Gren - Mar 09, 2022

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

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Bent & Broken: Better Layoffs On the Horizon

Bent & Broken: Better Layoffs On the Horizon

By Christy Gren - Mar 08, 2022

Since letting go 900 employees in a 3-minute Zoom call in December, Better.com has reportedly been losing senior executives.

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Tesla Secures Environmental Approval for First Gigafactory in Europe

Tesla Secures Environmental Approval for First Gigafactory in Europe

By Christy Gren - Mar 07, 2022

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.

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Grab’s Shares Crash as Losses Mount to $1.1 Billion

Grab’s Shares Crash as Losses Mount to $1.1 Billion

By Christy Gren - Mar 05, 2022

Heavy incentive spending, focussed on growth, have had a detrimental effect on its revenue as the app faces stiff competition in growing markets.

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Citigroup has nearly $10 billion in total exposure to Russia

Citigroup has nearly $10 billion in total exposure to Russia

By Christy Gren - Mar 01, 2022

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.

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JPMorgan Announces a New Bank Branch After Becoming the First in Metaverse

JPMorgan Announces a New Bank Branch After Becoming the First in Metaverse

By Anna Domanska - Feb 28, 2022

JPMorgan has opened its virtual Onyx Lounge in Decentraland’s Metajuku mall, making it the first bank to enter the metaverse officially.

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AMC Stock May Face a New Change in Shares

AMC Stock May Face a New Change in Shares

By Christy Gren - Feb 27, 2022

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

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