Billionaire Frank McCourt is organizing a group to acquire TikTok's US businesses, joining a growing list of investors seeking chances under a new legal order to sell the platform's Chinese parent company.
Investors
Tesla Shareholders Oppose Elon Musk Pay Package, Say CEO Lacks Strong Leadership for Being Busy to Other Businesses
Investors are clashing over Elon Musk's $56 billion pay package, arguing it is not in Tesla's best interest as the company faces declining sales, slowing EV demand, and a 30% drop in stock price.
Trump Media and Technology Group, Truth Social's Parent Company, Lost Over $300 Million, First Earning Report Reveals
In its first quarter since going public, Trump Media & Technology Group, the company that owns Truth Social, reported a concerning loss and revenue of less than $1 million.
Stock Trader Ivan F. Boesky Dies at 87—Here's What To Know About the Man Inspiring 'Wall Street' Villain Gordon Gekko
American stock trader Ivan F. Boesky, the man who inspired "Wall Street" villain Gordon Gekko, dies at 87.
Bank of Japan Announces 11-Year High in 10-year Government Bond Yield
The 10-year Japanese Government Bond (JGB) rose to its highest level in 11 years since a similar rating was recorded back in 2013.
Latest News
Warren Buffet’s company Berkshire Hathaway divulged that it has recently made a $7 billion investment in Swiss insurer Chubb.
New York Community Bancorp (NYCB), a regional lender facing financial challenges, has announced its agreement to sell approximately $5 billion in mortgage warehouse loans to JPMorgan Chase.
Celebrated Singapore-based bag brand Aupen, endorsed by celebrities like Taylor Swift, attracts investor interest from major European fashion conglomerates, H&M Group and Prada Group.
Kyle Vogt, the former founder and CEO of self-driving vehicle firm Cruise, has launched a new venture-backed robots business focusing on home tasks.
The public has been cautioned by the Hong Kong Securities and Futures Commission (SFC) about Quantum AI, an organization that is suspected of carrying out fraudulent activities involving virtual assets and pretending to be Elon Musk.
Elon Musk's xAI Corporation is approaching the end of a major investment round, with investors valuing the business at $18 billion.
The plan, pending court approval, details that almost all customers will be reimbursed the funds they are owed, with some receiving amounts exceeding their original claims.
The JPMorgan Chase in Australia has been fined A$775,000 ($509,252) for permitting suspicious client orders on wheat futures trading.
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.
