Business News

JPMorgan Takes Over First Republic From FDIC For $10.6 Billion; Acute Stress in Banking is Over, Says Jamie Dimon

JPMorgan CEO Jamie Dimon said the acquisition of First Republic by JPMorgan will increase the confidence of the investors in the financial industry.

May 1, 2023

By Jacob J

Subway Comes Up With Debt Plan to Clinch $10 Billion-Plus Sale - Report

So far, bids for Subway have ranged between $8.5 billion and $10 billion, one of the sources said.

May 1, 2023

By Reuters

Banished From China by Xi Jinping, Jack Ma to Teach Sustainable Agriculture and Food Production in Japan

According to the latest reports, Ma, 58, has an invitation from Tokyo College to teach there and he will be associated with the institution from May to October 31.

May 1, 2023

By Jacob J

JPMorgan Chase, Bank of America and PNC Likely to Submit Bids for First Republic - Report

JPMorgan Chase and Bank of America were among the banks that were part of a $30 billion rescue deal for First Republic in March.

Apr 30, 2023

By Jacob J

Meta Share Surge Makes Zuckerberg Richer by $10 Billion As Facebook Makes More Money After massive Layoffs

in the quarter ending March, Meta made a revenue of $28.65 billion, which was more than 3 percent higher than the same quarter in the previous year.

Apr 29, 2023

By Jacob J

Mark zuckerberg

First Republic Shares Plunge Amid Fears Crisis-Hit Bank Could Go Into Receivership

FDIC, the Treasury Department and the Federal Reserve are working on various options to stem the crisis at the bank, Wall Street media outlets reported.

Apr 28, 2023

By Jacob J

Amazon Rakes in Massive Profits in First Quarter, Months After Cutting 27,000 Jobs

Amazon's strong numbers and positive outlook for the next quarter came after the company cut more than 27,000 employees in the last several months in one of the biggest job culls in the industry.

Apr 28, 2023

By Jacob J

Simplifying Cryptocurrency Taxes for the Digital Age

Koinly offers customizable settings for advanced users, allowing them to adjust tax calculation methods or input additional information to fine-tune their tax reports,

Apr 28, 2023

By IBT Desk

Chinese Yuan Posts Major Win Against US Dollar; Overtakes Greenback in China Cross-Border Trade

Yuan was used for cross-border payments and receipts worth $550 billion in March, rising from $434.5 billion a month earlier.

Apr 26, 2023

By Jacob J

Microsoft and Google's Quarterly Revenue Surges After Cutting Thousands of Jobs Citing Poor Outlook

Google's advertising revenue surged to $54.55 billion against an analyst expectation of $53.75 billion, despite concerns over ad revenue slowdown, which was cited as one of the reasons for the massive job cuts.

Apr 26, 2023

By Jacob J

Introducing Dork Genius: The Ultimate AI Tool for Cyber Security Professionals and Beyond

Josh Buckley said Dork Genius is a powerful tool that has saved us countless hours in researching and testing vulnerabilities in our systems

Apr 26, 2023

By IBT Desk

Cybersecurity

CNN Fires Don Lemon: What Triggered Sacking of Sexist and Misogynistic Anchor; Will He Sue Network?

There are high chances that the popular morning show anchor and employee of 17 years will sue the company.

Apr 25, 2023

By Anshul Panda

ChatGPT Can't Beat the Human Mind, Says Indian Tech Pioneer Narayana Murthy

Infosys Chief Narayana Murthy says that ChatGPT is yet another tool to help take the orbit of work to the next level.

Apr 25, 2023

By Anshul Panda

Artificial intelligence

Bitcoin Could Hit $100,000 by the End-2024 Due to Banking Sector Turmoil and Rising Profitability of Crypto Mining

Bitcoin could gain from factors including recent turmoil in the banking sector, a stabilisation of risk assets as the U.S. Federal Reserve ends its interest rate-hiking cycle and improved profitability of crypto mining.

Apr 24, 2023

By Reuters

Big Win for Tesla: Los Angeles Court Throws Out Lawsuit Seeking 3 Million Over Crash While in Autopilot

Plaintiff Justine Hsu breaks down outside the court following the verdict, Tesla's share rises by 1.3%.

Apr 23, 2023

By Anshul Panda

Prev 38 39 40 41 42 43 44 45 46 47 Next