A new report from Crunchbase, a data service site showed that Black and Latinx founders are still far behind their white peers in the aspect of VC funding. The data service found that as of Aug...
U.S. Treasury Secretary Steven Mnuchin on Wednesday dampened all hope for a new stimulus deal before the coming election. Following his comments, stocks fell from their early gain. The S&P 50...
Alibaba has stepped up its online retailing game by taking a major stake in China’s top supermarket chain, competing against JD.com in the fast-growing online grocery industry. Alibaba will...
The Federal Bureau of Investigation (FBI) has flagged six Bitcoin wallets tied to Lazarus, a hacking group associated with North Korea. These wallets collectively hold a substantial 1,580 BTC, equival...
The Fed’s only Black President Raphael Bostic said the Federal Reserve needs to do more in fighting racial economic disparities caused by the coronavirus pandemic. “The Fed has an importa...
Sony Corp raised its full-year outlook on Wednesday after posting strong second-quarter results. The quarter was record profitable due to strong demand for the next-generation PlayStation 5 ...
Oil titan Royal Dutch Shell reported better-than-expected results in its third-quarter on Thursday. It also announced its plans to raise shareholders’ dividends.The oil giant reported adjusted earni...
U.S. jeweler Tiffany & Co. and French luxury goods group LVMH have finally agreed on the price of the acquisition deal after months of legal disputes, both companies said on Thursday.The new acqui...
A rally is a continuous increase in prices of stocks, bonds, and/or indexes. It is a term common among business media platforms used to describe a period when prices are on a steady increase. A rally ...
Chairman of Heirs Holdings Tony Elumelu on Saturday announced a new investment deal of the firm to acquire Nigerian oil license OML 17 from Shell, ENI and Total. The financial firm in partnership with...