Why are oil companies raking hundreds of billions during Joe Biden's term? Is POTUS to blame? Here are the latest details.
Industry
Apple Tops Global Brand Rankings as the First Ever to Reach $1 Trillion
Apple becomes the first brand to surpass $1 trillion in value, marking a 15% increase, retaining its top position in Kantar's BrandZ global ranking.
GameStop Raises More Than $2 Billion After ‘Roaring Kitty’ Stock Rally
GameStop has announced that it raised about $2.14 billion in its second share offering in a month. GameStop announced on Tuesday, June 11, that it raised about $2.
GM Cuts EV Production Plans Due to Weaker Demand
GM is lowering its estimated sales and manufacture of EVs this year as adoption in the US slows. A General Motors logo is shown at the General Motors Technical Center.
US Is Pursuing Nearly $200,000 USDT From Binance That Was Part of $1 Million Pig-Butchering Scam
The US government has filed a forfeiture complaint to reclaim nearly $200,000 of tether (USDT) from Binance, which was linked to pig-butchering scams that stole over $1 million.
Latest News
Cognizant has announced the acquisition of digital engineering firm Belcan for nearly $1.3 billion. Cognizant, an information technology services and consulting company, announced on Monday, June 10, an agreement to purchase digital engineering firm Belcan for almost $1.
Apple has announced that it plans to use its own server chips to power its devices with AI features.
JPMorgan Chase has announced the appointment of former PayPal executive Sri Shivananda as the company's new CTO.
Tesla is looking to its small shareholder base to back Elon Musk's $56 billion pay package as major shareholders remain divided.
Volvo has reportedly started moving production of EVs to Belgium in anticipation of the European Union's impending taxes on China-made cars.
Toyota's stock price fell by over $15 billion last week after it admitted lying on safety certification tests.
The Warren Buffett-led conglomerate Berkshire Hathaway has acquired approximately 2.57 million shares of common stock in Occidental Petroleum.
A group of Apple's Swift Student Challenge winners received an unexpected surprise from CEO Tim Cook.
The United States anticipates the G7 to issue a stern warning to smaller Chinese banks to halt their assistance to Russia.
