On Sunday night, SoftBank and Nvidia announced an acquisition deal which will allow Nvidia to buy Arms Holding at $40 billion.Funds for the deal will be made available in two forms: $21.5 billion in N...
To show its support for racial equity and economic equality, Bank of America announced an investment fund worth $300 million as part of its $1 billion pledge to support black and brown-led banks and b...
In October 2019, two renowned black-owned investment banks merged their firms to become a large financial firm that will lead the minority- and women-owned investment banking sector to match other maj...
Regions Bank is a brick-and-mortar bank that supports online banking and has a user-friendly mobile application for customers to use in other to meet customers' demands. According to Regions Financi...
The World Bank has delayed in approving the long-anticipated $1.5 billion loan for Nigeria as scheduled in August due to concerns raised over reforms, according to people familiar with the matter.The ...
General Motors (GM) shares rallied 3.1% in the morning of Monday trading, putting the automaker on track for closing high in 2 months.Deutsche Bank analyst Emmanuel Rosner included GM on the firm’s ...
Two more big companies, Cheesecake Factory, and Dave & Busters are expected to file for bankruptcy and it will mean that businesses are still struggling even though they are operating during the p...
The largest movie theatre chain in the U.S, AMC Theatres is set to reopen on August 20, the reopening of their theatre will see them setting prices at 15-cent on the first day. AMC theatre which is...
Early in July, Brook Brothers which has been around for a very long time, dating far back as over 200 years, filed for bankruptcy, as it found itself among other long-standing businesses that have ...
Hertz Global (HTZ) shares fell on Tuesday after the company’s announcement of seeking debtor-in-possession financing following its failed share sale plan. Shares of Hertz were down nearly 2% to $1.6...