Sectors
Donald Trump Eligible for Bonus Shares Worth Over $1 Billion from Truth Social Parent Company
Donald Trump, who owns 60% of Trump Media with 78.75 million shares, will get the bonus because the stock stayed above $17.50 per share for 20 out of 30 days.
TikTok Ban in US Almost Inevitable After Senate Approves Bill Forcing Parent Company to Divest Owvnership or Face Prohibition
TikTok users is likely to find that the popular social media platform is either under new ownership or, but not immediately, totally banned in the US.
Huawei Dominance Surges in China as Apple iPhone Sales Plummet by 19%
Counterpoint Research data shows Huawei's smartphone sales surged 69.7% in Q1, while Apple's iPhone sales fell 19.1%.
Amazon's New Facility in Johnston County Brings Over 1,000 Jobs
The facility was officially opened on Tuesday with a ribbon-cutting ceremony attended by Amazon officials and local leaders.
Latest News
IBM is currently in negotiations to acquire HashiCorp, a prominent cloud software provider. The news sparked a 24% surge in HashiCorp's stock, pushing its market value to $6.1 billion.
In a strategic move just days before US Secretary of State Antony Blinken's scheduled visit to Beijing and Shanghai, China flaunted its nuclear capabilities, particularly its sea-based deterrent.
The housing shortage crisis in Britain, with a deficit of 4.3 million homes, takes precedence in the lead-up to an anticipated general election, prompting major political parties to address it while balancing concerns about landscape preservation and planning laws.
In Q1 2024, iPhone sales in China dropped significantly by 19.1%, contrasting with the modest 1.5% growth in the overall smartphone market, largely attributed to Huawei's 69.7% surge with its Mate 60 series.
In a recent meeting at Google's headquarters, Google Senior VP and Search head Prabhakar Raghavan warned employees of a "new operating reality," imposing shorter deadlines to move faster.
UnitedHealth Group has admitted that it had paid hackers following the cyberattack on its subsidiary Change Healthcare.
New Zealand Food Safety has updated its import regulations to handle frozen berries better to avoid another hepatitis A outbreak.
A Washington DC-based think tank said Russia will maintain its economic strength for another 18 months despite facing various challenges amid its war with Ukraine.
The Federal Trade Commission (FTC) has taken legal action to block Tapestry's $8.5 billion acquisition of Capri Holdings Limited, the parent company of Michael Kors.
JD Sports, the UK's largest sportswear retailer, plans to buy Hibbett shares at $87.50 each in cash.