Student Housing Pioneer Patrick Nelson Grapples with $115 Million Legal Debacle, Investor Outrage

Prominent student housing figure Patrick S. Nelson is facing a turbulent legal battle with debts reaching $115 million.


Reddit Set to Make Public Debut; Why This Might be a Good News for Investment Banks?

On Sunday, sources indicated Reddit's IPO is four to five times oversubscribed, making it more likely to reach its $6.5 billion valuation.

Swiss Banking Giant UBS Intends to Broaden Business Footprint in the US

Swiss banking giant UBS intends to seek merger and acquisition opportunities in the United States in the years ahead.

Warren Buffett-Led Berkshire Hathaway Raises Pay for the 93-Year-Old Billionaire's Successor Greg Abel to $20 Million

The Warren Buffett-led conglomerate Berkshire Hathaway has increased the pay of Greg Abel, the 93-year-old billionaire's designated successor, to $20 million.


Latest News

JPMorgan Chase CEO Jamie Dimon is urging the US Federal Reserve to exercise patience and refrain from cutting interest rates until after June.
The U.S. Commerce Secretary announced that the Philippines is expected to receive $1 billion from U.S. firms.
The crypto exchange-traded products allowed entry to the UK market. Financial Conduct Authority (FCA) said it would not oppose solicitations from accredited investment platforms to establish a market segment in the United Kingdom for exchange-traded notes (ETNs) backed by cryptocurrency.
Steven Mnuchin, the US Treasury Secretary under former president Donald Trump, has invested in a troubled regional US bank.
Bitcoin reaches $64,000, thanks to the spot BTC ETF approval. This is its highest record since 2021.
Snowflake CEO Frank Slootman's decision to step down caused an 18% decline in the company's stock price.
The IOTA foundation is investing $10 million in early-stage startups focusing on digital trade and tokenization of real-world assets, fostering innovation within the IOTA ecosystem.
Oprah Winfrey's announcement that she was leaving WeightWatchers International, Inc.'s board has made the company's shares tumbling.
South Korea's market watchdog warned that corporations may be fined for failing to boost shareholder returns over time.
Former President Donald Trump has once again claimed that the US stock market will crash if he does not win in the upcoming presidential election.
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