American Express is on the verge of taking its business ambitions to the next step as it plans to buy online lender Kabbage, a person familiar with the matter said. The deal would be an all-cash deal ...
Rapper and entrepreneur Jay-Z has seen his net worth jump by 40 percent following the close of two major deals.Last week, the rapper announced that he sold his major stake in music streaming service T...
Last year was a difficult year for investments and mutual funds weren't any different. Mutual fund managers experienced a turbulent time trying to steer their funds through the economic rollercoaster ...
Tesla’s Elon Musk saw his net worth rise by $7 billion to $83.6 billion after the company’s shares jumped 11.2% on Monday. The stock rise placed Musk at the No.5 position of the world’s rich...
Professional basketball player, James Harden announced on Monday via his Instagram that he has invested in Saks, a luxury retail company. The NBA star purchased a minority stake and the company and wi...
How Zhong Shanshan became China’s richest man with a net worth of $77.5 billion dollars Zhong Shanshan (Chinese:pinyin: Zhng Shnshn) is a Chinese millionaire businessman who was born in Decemb...
With innovations and new developments driving the business world, many businesses owners have become multi-millionaires and billionaires. Thanks to the Forbes’ annual richest and most influential ...
The big short star Michael Burry made a name for himself during the recent housing crisis by shorting the mortgage subprime bond, and now he is shorting Tesla stock.Dr. Michael Burry was a medical stu...
In the investing world, it is smart to find stocks that are temporarily struggling, vet them and see if they are worth investing in. Most stocks on the Nigerian stock exchange that are suffering...
As audited financial statements become available, firms will propose dividend payments to their shareholders based on the recommendations of their boards of directors.It's also crucial to keep track o...