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Mumbai Becomes Asia's Billionaire Capital After Surpassing Beijing—How Many Billionaires are in India Now?

Mumbai is now Asia's billionaire capital, beating Beijing. How many billionaires are in India now?


Dell Cuts Its Workforce as Part of Broader Initiative to Reduce Costs After Sluggish Demand in PC Market

Dell revealed in a filing that it has reduced its workforce as part of its broader strategy to cut expenses.

China Pressing Banks to Expedite Loan Approvals to Cash-Strapped Private Property Developers

Chinese authorities are pressuring banks to approve new loans to private property developers faster to boost purchaser sentiment and lower lenders' asset quality.

Citigroup to Complete Sweeping Overhaul This Week After Laying Off 5,000 Employees

Citigroup has entered the final phase of an extensive overhaul to streamline its operations and enhance performance.


Latest News

The New York Stock Exchange said it would immediately stop trading shares of EV startup Fisker and remove the business from its platform.
A New York judge has set an April 15 trial date in Donald Trump's hush money case. A New York judge has set an April 15 trial date in Donald Trump's hush money case after rejecting the former president's request for an additional delay.
Adam Neumann attempted to buy back WeWork, the office-sharing company he co-founded and once valued at $47 billion before filing for bankruptcy in November.
Ukraine claims it destroyed Russian-used Starlink systems. This comes after Elon Musk denied doing business with Kremlin.
Microsoft has appointed company veteran Pavan Davuluri to lead its Windows operating system and Surface devices teams.
Florida Gov. Ron DeSantis signed HB 3 into law on Monday, implementing measures to regulate minors' access to social media platforms.
Tuff Torq Corp. was fined $296,951 by the Labor Department's Wage and Hour Division for several child labor violations.
However, Trump's wealth is locked up in shares for six months, preventing him from settling his New York civil fraud court judgment.
Reddit company timeline: from 2005 to the present, starting with two roommates, Alexis Ohanian and Steve Huffman, and the current New York Stock Exchange debut that made Redditors shareholders become instant millionaires.
US judge dismisses Elon Musk's lawsuit against CCDH, citing it as an attempt to stifle free speech. Musk's claims were deemed unfounded.