Eli Lilly and Company has announced plans to significantly increase its investment in U.S. drug manufacturing, with a commitment of at least $27 billion. This decision comes as […]
Economy
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U.S. Economy Shows Signs of Strain From Trump’s Tariffs and Spending Cuts
The U.S. economy is showing signs of strain due to former President Donald Trump’s tariffs and spending cuts. These economic policies have raised concerns among consumers already wary […]
Banks
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BlackRock, Bank of America Drop DEI Policies Amid White House’s War on ‘Woke’
BlackRock and Bank of America have dropped their Diversity, Equity, and Inclusion (DEI) policies, becoming the latest Wall Street giants to scrap these initiatives following the White House’s […]
Markets
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What’s Behind Major S&P 500 Pullbacks Since 1964 and Potential Triggers Today
Since 1964, significant pullbacks in the S&P 500 have been driven by a variety of factors including economic recessions, geopolitical tensions, and shifts in monetary policy. In recent […]
Technology
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Apple Rejects Proposal to End DEI Initiatives, Affirms Commitment to Inclusion
Apple shareholders rejected a proposal aimed at rolling back the company’s diversity, equity, and inclusion (DEI) initiatives. The proposal, submitted by the conservative think tank National Center for […]
Economy
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7-Eleven Founding Family’s Bid to Block Foreign Takeover Fails, Shares Plunge
The attempt by the founding family of 7-Eleven to block a foreign takeover has collapsed due to an inability to secure the necessary funding for a buyout. Following […]
Economy
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Renault May Face $1.3 Billion Compensation to Re-enter Russian Market Amid Western Sanctions
Renault, the French automaker, may need to pay 112.5 billion rubles (approximately $1.3 billion) if it seeks to re-enter the Russian market after exiting in 2022. The company […]
Uncategorized
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Seven & i says founding family unable to secure funding for $58 billion buyout
“There is no actionable proposal from Mr. Junro Ito and Ito-Kogyo for 7&i to consider at this time,” the company stated. “7&i remains committed to exploring all opportunities […]
Markets
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Bitcoin bottom isn’t in: Traders target $74K zone as Trump EU tariff threat destroys markets
Bitcoin’s sell-off extended for a third consecutive day, with prices dropping to levels not seen since November 11, 2024. At its lowest point during this correction, BTC briefly […]
Economy
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FBI accuses North Korean-backed hackers of stealing $1.5 billion in crypto from Dubai-based firm
ROME — The FBI has accused North Korean-linked hackers of executing one of the largest cryptocurrency thefts on record, stealing approximately $1.5 billion worth of ethereum from Bybit, […]