Finance/Venture

Shein Pushing for London IPO Launch Amid US Listing Hurdles

Shein Pushing for London IPO Launch Amid US Listing Hurdles

Chinese fast-fashion giant Shein is reportedly intensifying its efforts for a London stock market debut amid uncertainty on the likelihood of receiving approval from the US Securities and Exchange Commission.


US Federal Judge Overturns $8 Cap on Late Credit Card Fees

US District Court Fort Worth judge Mark Pittman blocked the new rule imposed by the Consumer Financial Protection Bureau capping credit card late fees at $8.

US Now Considers Sanctioning Chinese Banks Supporting Russia's Ukraine Invasion—Will This Work?

The U.S. government weighs sanctions targeting Chinese banks. Can this help stop Russia from invading Ukraine?

Donald Trump Net Worth Reaches an All-Time High After Truth Social Stock Jumps Over 10%

Shares of Trump Media soared over 10% on Monday, reaching levels not seen since late March and boosting the net worth of former President Donald Trump to an all-time high.


Latest News

Biden Admin's Anti-Credit Card Junk Fee Regulation Could Face Last-Minute Freeze, Here's Why
The Biden Admin's anti-credit card junk fee regulation could be frozen at the last minute. Will USCOC's request be accepted?
JPMorgan Chase Australia Fined Over $500,000 for Allowing Suspicious Client Orders on Wheat Futures Trading
The JPMorgan Chase in Australia has been fined A$775,000 ($509,252) for permitting suspicious client orders on wheat futures trading.
NBA Champion Kyle Kuzma Joins Scrum Ventures as Adviser for Its Sports and Entertainment Fund
NBA champion Kyle Kuzma has recently taken on a new role as an adviser to an early-stage venture firm called Scrum Ventures.
Starbucks Must Fix Customer Experience to Get Back in Coffee Shop Game, Ex-Boss Says
Former Starbucks CEO Howard Schultz asked his successor Laxman Narasimhan and other Starbucks senior officials to communicate with shop baristas and work with them to enhance coffee service.
Alipay+
Chinese fintech firm  Ant Group wants to expand globally by linking mobile payment apps with Alipay+.
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. Berkshire Hathaway Chairman and CEO Warren Buffett has warned about artificial intelligence (AI) scams, which he believes could evolve into "the growth industry of all time.
Dollar Drops to Three-Week Low Against Japanese Yen as US Jobs Data Boosts Fed Cut Bets
The US dollar dipped to a three-week low against the Japanese yen on Friday following reports of US jobs and wage growth slowed down in April.
Coinbase Reports Impressive Q1 Revenue of Above $1 Billion Following Bitcoin Rally
Coinbase announced a better-than-expected revenue in its first-quarter earnings report on Thursday after a bitcoin rally led to a surge in profit.
Goldman Sachs Removes Bonus Cap for UK Bankers
After the UK removed local pay restrictions for bankers last year, Goldman Sachs was the first to remove its bonus cap for its bankers.
Truth Social
Nunes demands a GOP-led probe into short-selling by eight firms affecting DJT stock. DJT shares fluctuate; short sellers face steep costs, deterring professional managers.
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