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, […]
Markets
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Salesforce Stock Drops as Outlook Disappoints
Salesforce (CRM) witnessed a decline in its stock price during extended trading on Wednesday after the company reported its fiscal fourth-quarter earnings and provided an outlook that failed […]