FleishmanHillard Names Della Sweetman as President of Americas and Chief Strategy Officer: A Strategic Leadership Appointment FleishmanHillard, one of the world’s leading public relations and communications agencies, has announced the appointment of Della Sweetman as President of the Americas and Chief Strategy Officer. This significant move comes at a pivotal time as the global PR […]
Apple and Goldman Sachs Hit with $89 Million Fine Over Apple Card Mismanagement: A Costly Lesson in Tech-Finance Collaboration In a landmark decision, the Consumer Financial Protection Bureau (CFPB) has ordered Apple Inc. and Goldman Sachs to pay over $89 million in penalties and compensation, holding them accountable for what it described as serious mishandling […]
TKO Group Expands Horizons: Acquiring IMG, PBR, and On Location for $3.25 Billion In a monumental move poised to reshape the landscape of sports and entertainment, TKO Group Holdings, the parent company of WWE and UFC, has announced its acquisition of three key businesses—IMG, Professional Bull Riders (PBR), and On Location—from Endeavor Group Holdings for […]
Netflix's Unique Co-CEO Setup—and Why It Succeeds In an impressive third quarter, Netflix has added 5.1 million streaming subscribers, surpassing Wall Street projections by over 1 million users. This surge not only reflects the platform’s ongoing appeal but also sets the stage for potential growth during the holiday season, especially with the much-anticipated return of […]
The Federal Reserve has reduced US interest rates by 50 basis points, marking its first reduction in 4 years and bringing the benchmark rate down to a range of 4.75-5.00 percent. This adjustment, which is twice the usual 25 basis point change, reflects increased apprehension regarding economic growth as inflation begins to decelerate. The decision […]
The $25B Boeing Problem. Boeing's $25B Equity Raise The world's largest aerospace company Boeing Co., is planning to raise $25 billion through a mixed offering of common stock. Boeing has obtained a credit agreement valued at $10 billion with a group of prime financial institutions, which includes Bank of America, Citibank, Goldman Sachs, and JPMorgan. […]
Titanic Ocean Liner Company Collapses Owner of Belfast shipyard that built Titanic enters administration. Harland & Wolff, the owner of the Belfast shipyard responsible for the construction of the Titanic, is set to enter administration this week due to unsuccessful efforts to secure new funding, marking a setback for the UK government's aspirations for shipbuilding […]
Revolut's Nik Storonsky sells up to $300m shares in company. The founder of Revolut, one of Europe's leading tech companies, has reportedly sold shares valued at up to $300 million (£230 million) in the firm. Nik Storonsky, the CEO of Revolut, offloaded between 40% to 60% of his shares during a secondary sale last month. […]
Dividend stocks represent an excellent option for investors seeking passive income. Explore our top 10 high-dividend stocks and discover strategies for investing in them with out top US dividend stocks guide. With the U.S. stock market concluding a turbulent August, investors are now focusing more on dividend stocks. What are dividends? Dividend stocks represent ownership […]
NEW YORK--(BUSINESS WIRE)--MoneyLion Inc. (“MoneyLion”) (NYSE: ML), a leader in financial technology powering the next generation of personalized products and content, today announced its participation at the following investor conferences in May: 19th Annual Needham Technology, Media, & Consumer Conference Attending: Thursday, May 16 Where: Virtual B. Riley Securities 24th Annual Institutional Investor Conference Attending: […]
The event will be held on October 21st and 22nd, and will feature experts on compliance, captive insurance, financial crimes, among others. SAN JUAN, Puerto Rico--(BUSINESS WIRE)--The Puerto Rico Financial Services Forum (FSF), the most comprehensive international financial and insurance conference in Puerto Rico, celebrates its fourth edition on October 21 and 22, 2024 in […]
NEW ORLEANS--(BUSINESS WIRE)--Former Attorney General of Louisiana Charles C. Foti, Jr., Esq. and the law firm of Kahn Swick & Foti, LLC (“KSF”) are investigating the proposed sale of the sale of Matterport, Inc. (NasdaqGM: MTTR) to CoStar Group, Inc. Under the terms of the proposed transaction, shareholders of Matterport will receive a mixture of […]
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