US Regulators Monitor Short-Selling Pressures on Banks Amid Market Volatility
Federal and state officials in the US are investigating whether market manipulation is responsible for recent volatility in banking shares,...
Apple beats earnings expectations in Q2, led by strong iPhone sales
On Thursday, Apple announced second quarter earnings that exceeded expectations, leading to an increase in its share prices and boosting...
Volvo Cars announces layoffs of 1,300 white-collar employees to cut costs
Volvo Cars of Sweden, a company owned by China, announced on Thursday that it would reduce its white-collar workforce in...
PacWest Bank considers sale or breaking up businesses amid stock drop
PacWest Bancorp, a regional bank based in California, is reportedly exploring strategic options, including a potential sale, according to anonymous...
Weight Loss Giant Jenny Craig to Shut Down Operations Nationwide
According to a report, Jenny Craig, a well-known brand for weight loss, will be shutting down its centers across the...
AOC and Matt Gaetz Join Forces to Ban Stock Trading for Congress Members
The extreme left and right wings of American politics have surprisingly come together to support a bill that restricts members...
Recent Hindenburg Report Wipes Out $10 Bn of Carl Icahn’s Wealth
On Tuesday, Carl Icahn, a corporate activist and billionaire, experienced a significant decrease in his net worth of more than...
TikTok’s Head of US Trust and Safety Eric Han Announces Departure
Eric Han, the head of trust and safety for TikTok in the US, will depart the company on May 12th....
General Motors Cuts Several Hundred Full-Time Contract Workers
General Motors (GM) has announced that it has cut several hundred full-time contract workers as part of its ongoing effort...
Vice Media facing bankruptcy amid challenging economy, says NYT report
As per a report published in The New York Times, Vice Media Group, which operates well-known online platforms such as...