Epic Games has accused Google of unlawfully making its Play Store dominant over rivals, and a US jury recently agreed with the creator of the Fortnite game.
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JPMorgan Chase Reportedly Plans to Outsource $500 Billion Custody Business in Hong Kong, Taiwan
JPMorgan Chase is reportedly planning to outsource its local custody business operations in Hong Kong and Taiwan.
Boeing Makes Further Job Cuts, Slashes 50% of Its Strategy Teams, Report Says
Boeing has reportedly executed more substantial cuts than anticipated in its strategy teams. Boeing has reportedly executed more substantial cuts than anticipated in its strategy teams.
Pfizer's $43 Billion Deal to Buy Seagen Gets Cleared After Donating Cancer Drug Rights
Pharmaceutical giant Pfizer said it is set to finalize its $43 billion acquisition of cancer drugmaker Seagen this week.
Argentina Devalues Its Currency by 50% as Part of Shock Economic Measures
Argentina has announced a sharp devaluation of its currency, the Argentine peso, which will be devalued by 50%.
Latest News
The International Monetary Fund (IMF) has approved a $900 million disbursement for Ukraine. Amid the economic challenges intensified by its conflict with Russia, the International Monetary Fund (IMF) has approved a $900 million disbursement for Ukraine as part of an ongoing long-term loan.
India has taken the spot of Hong Kong as the world's seventh-largest stock market. India has taken the spot of Hong Kong as the world's seventh-largest stock market, marking a significant shift in global financial standings.
Giants like Facebook and YouTube have long dominated the social media landscape, while its content creators face increasing challenges, including limited monetization opportunities, censored content, and arbitrary rule enforcement. Philip Simpkins, Founder and CEO of Arro Social, has created a blockchain-based social media that will empower content creators with ownership of their content on a value-based platform.
The US and China risk a "new Cold War" as economic and trade conflicts escalate, according to an IMF official.
Toy company Hasbro is set to lay off approximately 1,100 employees as part of its ongoing efforts to navigate the challenging market conditions.
The Warren Buffett-led conglomerate Berkshire Hathaway has cut its stake in HP to 5.2%. The Warren Buffett-led conglomerate Berkshire Hathaway has cut its stake in HP to 5.
Department store chain Macy's Inc. has reportedly received a buyout offer amounting to $5.8 billion.
The Biden administration is facing heightened scrutiny for supplying tank shells to Israel without obtaining congressional approval.
Wall Street analysts have named three promising stocks to invest in. Retail investors are struggling to navigate the fluctuating stock market as economic data comes in and the Federal Reserve's rate decision approaches.
