Corporations

UMG Denies Involvement in Drake vs. Kendrick Lamar Beef as CEO Faces Shareholders’ Ire

Universal Music Group has denied allegations that it has intervened in the beef between Aubrey “Drake” Graham and Kendrick Lamar Duckworth, while also being under fire after Glass Lewis urged shareholders to revolt against a salary increase for its CEO, Lucian Grainge.


Warren Buffett Issues Grave Warning About AI, Saying It Would Make Scams Far More Convincing, Revving Up Fraud

Berkshire Hathaway Chairman and CEO Warren Buffett has warned about AI scams...

Donald Trump Secures Another $1.6 Billion Worth of Shares in Trump Media

Former President Donald Trump has received another $1.6 billion worth of shares in Trump Media & Technology Group...

Trump Media Investors Finally See Uptick in Their Shares for 2 Straight Days

Trump Media shares closed almost 26% higher on Thursday...


Latest News

FTC to Investigate AI Deals of Tech Giants Microsoft, Amazon, and Google
The Federal Trade Commission (FTC) has initiated an inquiry into the substantial investments made by tech giants Microsoft, Amazon, and Google in AI startups like OpenAI and Anthropic.
BioNTech Embarks on Breast Cancer Precision Drug Late-Stage Trial, Challenging AstraZeneca
BioNTech and its partner Duality Biologics have launched a late-stage trial to test their precision drug against a specific type of breast cancer, challenging a rival partnership between AstraZeneca a
Donald Trump-Linked Stocks Rise After Ron DeSantis Drops Out of 2024 Presidential Race
Some stocks linked to former President Donald Trump have soared after Florida Governor Ron DeSantis ended his 2024 presidential bid.
Macy's Ditches $5.8 Billion Takeover Bid After Investor Arkhouse Threatens to Take Offer Directly to Shareholders
Macy's has rejected a $5.8 billion offer from Arkhouse Management and partner Brigade Capital Management to take over the retailer.
JPMorgan Chase CEO Jamie Dimon Says He's Done Talking About Bitcoin After Trashing It One Last Time
JPMorgan Chase CEO Jamie Dimon said Wednesday on the sidelines of the annual World Economic Forum in Davos, Switzerland, that he's done talking about bitcoin.
Warren Buffett-Led Firm Berkshire Hathaway Buys Remaining 20% Stake in Pilot Travel From Haslam Family
The Warren Buffett-led conglomerate Berkshire Hathaway announced on Tuesday that it is buying the remaining 20% stake in the Pilot truck stop business of the Haslam family.
World's Richest Billionaires Like Elon Musk and Jeff Bezos Doubled Fortunes as Poorest Get Poorer, Oxfam Says as Davos Opens
The combined wealth of the world's richest five men has more than doubled since 2020, while some five billion people have been made poorer, according to anti-poverty group Oxfam.
Microsoft Surpasses Apple as World’s Most Valuable Public Company
Microsoft has emerged as the most valuable publicly traded company, outpacing Apple.
Walmart Unveils Plans to Use AI, Drones to Improve Customers' Shopping Experiences
Walmart has revealed its ambitious foray into artificial intelligence (AI) and drone technology to improve its customers' shopping experience.
Joe Biden to Replace Trump-Era Rule That Makes It Easier for Companies to Classify Workers as Independent Contractors
The administration of President Joe Biden is set to release new guidelines that will provide additional protections to gig workers or independent contractors.
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