Wealth
3M Eyes $5.5B Deal to Settle Earplug Lawsuits
The board of directors at 3M, a global conglomerate renowned for its diverse portfolio, is on the brink of a crucial decision regarding a settlement...
Reliance Industries Appoints Ambani Heirs to Board of Directors
Reliance Industries Ltd, under the stewardship of Chairman Mukesh Ambani, announced a significant leadership transition on Monday as the conglomerate appointed the three scions of...
Jeff Bezos’s Arrived Homes Thrive Amidst Surging Housing Prices
In a striking display of prescience, Amazon.com Inc. Founder Jeff Bezos’s investment in the Seattle-based startup Arrived Homes has gained remarkable traction, even as housing...
Wells Fargo Settles SEC Allegations with $35M Penalty
In a recent development, Wells Fargo has reached an agreement with the US Securities and Exchange Commission (SEC) to pay a substantial penalty of $35...
Investors Retreat: $11B Pulled from US Equity Funds
Investors exhibited a growing sense of unease as they withdrew a substantial $11.07 billion from US equity funds during the week ending August 13th. This...
Tesla Tweet Fallout: SEC Settles with Investors for $40M
Investors of Tesla Inc. are on the brink of recovering losses stemming from a consequential tweet made by Elon Musk in 2018, wherein he asserted...
Fed’s Collins Eyes Extended Rate Hikes for Inflation Rebound
Boston Federal Reserve President Susan Collins revealed on Thursday that the central bank is contemplating the possibility of additional interest rate hikes as part of...
Dollar Tree Shines in Q2 with Strong Earnings Beat
Dollar Tree, the renowned discount store chain headquartered in Virginia, has unveiled its vigorous second-quarter (Q2) outcomes for the fiscal year 2018, surpassing Wall Street’s...
T-Mobile Enacts Workforce Reduction, Targeting 5,000 Jobs
Leading wireless carrier T-Mobile revealed its intention on Thursday to initiate a reduction in its workforce, targeting approximately 7% of its employees, amounting to 5,000...
Nvidia Beats Forecast with Strong AI-Powered Revenue
Graphics processing giant Nvidia shattered expectations in its latest quarterly revenue forecast, riding the wave of the artificial-intelligence boom that has stoked demand for its...
