Blue Owl Eyes $5 Trillion Real Estate Market, Secures Prima In $170 Million Deal
Blue Owl Capital's acquisition of Prima Capital Advisors for $170 million marks its entry into real estate finance.
From iRobot To Antitrust Battles: Amazon CEO Speaks Out On Regulatory Challenges
Amazon CEO criticizes regulatory obstacles, lamenting the fallout from the failed iRobot acquisition and calling for a more balanced approach.
Wholesale Inflation Moderates in March, Easing Concerns
March's Producer Price Index (PPI) climbs by 0.2%, falling short of estimates, signaling potential relief from inflationary pressures.
Jack Ma Breaks Silence, Endorses Alibaba's Restructuring Efforts
Jack Ma breaks years of silence to endorse Alibaba's comprehensive restructuring, praising the company's leadership.
Funding Shortfall Threatens Internet Access For Millions Of Low-Income Americans
A critical funding shortfall imperils internet access for low-income Americans, prompting urgent calls for congressional action to avert a looming crisis.
Inflation Surges To 3.5%: Persistent Price Pressures Test Economic Resilience
The latest CPI report for March unveils a sharp uptick in inflation to 3.5%, posing a significant test to the resilience of the economy.
Costco's Golden Opportunity: How The Retail Giant Captured The Bullion Market
Costco's venture into gold sales has become a roaring success, with analysts estimating monthly revenues soaring to $200 million.
Google's Axion Processors: A Paradigm Shift In Cloud Computing Efficiency And Affordability
Google's unveiling of the Axion processors signals a significant leap in cloud computing performance, aiming to challenge Amazon and Microsoft.
Closing The Gap: Latino College Degree Attainment Soars, But Disparities Remain
A recent study by Excelencia in Education highlights significant progress by Hispanic students, yet challenges persist.
HSBC To Offload Argentina Business, Absorbs $1 Billion Loss on Exit Deal
HSBC announced its agreement to sell its business in Argentina for $550 million, with a $1 billion pre-tax loss in the first quarter of 2024.
Spirit Airlines To Defer $340 Million In Airbus Deliveries, Prepares To Furlough 260 Pilots
Spirit Airlines announces the deferral of Airbus deliveries and plans for pilot furloughs as part of comprehensive cost-cutting amid industry uncertainty.
Trump Media Shares Plummet Amid Criticism From Barry Diller; Trump's Net Worth Takes A Hit
Trump Media witnesses a significant drop in share prices, shedding over 10% following doubts about revenue generation and sustainability.
Biden Administration Commits $6.6 Billion To TSMC's Arizona Expansion
Biden's announcement of up to $6.6 billion to TSMC's Arizona subsidiary signals a significant step toward bolstering domestic semiconductor production.
Jamie Dimon Champions Artificial Intelligence As A Major Game-Changer
Jamie Dimon, CEO of JPMorgan Chase, highlights AI's transformative potential in his annual letter to shareholders.
The Return of the Blue Check: X (Formerly Twitter) Reinstates Verification For Prominent Accounts
X, formerly Twitter, surprises users by reinstating the blue verification badge to select prominent accounts.
Alphabet Contemplates HubSpot Acquisition: Implications For Antitrust Regulations And Market Dynamics
Alphabet's potential acquisition of HubSpot prompts market speculation on antitrust concerns and strategic implications.
Amazon's Financial Boom: Will Shareholders Reap The Benefits?
Amazon's surge in free cash flow prompts speculation on potential shifts in its capital-return strategy, as analysts anticipate enhanced shareholder rewards.
Ford Pumps The Brakes On All-Electric SUV, Prioritizes Hybrid Future
Ford announces a delay in the launch of its all-electric SUV, opting to bolster its hybrid lineup by 2030 instead.
Insider Trading Alert: Brothers Confess To Illicit Profits In Trump Media's Public Debut
Michael and Gerald Shvartsman admit to insider trading, casting shadows over Trump Media's public listing and sparking legal turmoil.
Amazon Announces Layoffs In AWS Division, Streamlining Operations Amid Strategic Shift
Amazon's layoffs within its AWS division prompt inquiries into the potential implications for the company's trajectory and competitiveness in the tech industry.
Global Survey Reveals Financial Stress, Retirement Concerns Plague Adults Worldwide
Insights from a comprehensive survey spanning nine countries reveal widespread financial stress and retirement challenges globally.
Costco Offers Weight-Loss Programs Including Ozempic, Wegovy
Costco pioneers affordable access to Ozempic and personalized weight loss programs through partnership with Sesame, reshaping healthcare accessibility.
Disney Faces Showdown With Activist Investor Nelson Peltz: Battle For Board Seats And Corporate Strategy
Vanguard and State Street's stance in the Disney-Peltz battle is unknown, as Peltz aims to address governance issues while Disney fears disruption.
Jon Stewart Reveals Apple's Interference With Interviews On 'The Daily Show'
Renowned comedian Jon Stewart exposes Apple's attempts to silence him, including restrictions on discussing key topics and interviewing government officials.
Tesla's Stock Hits Low Amid Sales Decline
Tesla's disappointing first-quarter sales figures lead to a 7% drop in shares, marking its first year-over-year decline since the pandemic began.
Oil Prices Surge To 6-Month Highs Amid Geopolitical Tensions, Supply Threats
Rising tensions in the Middle East and Eastern Europe contribute to a significant surge in oil prices, reaching levels not seen in six months.
$58.2 Million Loss: Trump Media Shares Plunge As Truth Social Struggles
Trump Media's financial woes deepen as Truth Social struggles to gain traction, sending shares tumbling and raising doubts about the platform's viability.
Google Settles $5B Privacy Lawsuit By Deleting Browsing Data, Updating Incognito Mode
Google's agreement to delete billions of browsing records in a $5 billion settlement signals a pivotal moment for privacy rights.
Microsoft's Teams Office Separation Sparks Antitrust Controversy
Microsoft's decision to sell Teams and Office as separate products worldwide stirs antitrust debates.
Insights from Monster Survey: 2024 Trends in US Job Market Revealed
In 2024, 95% of American workers are looking for new jobs, citing reasons like the need for higher income and concerns about the tough job market.