JPMorgan Chase & Co's private bank managed at least US$10 million for Ghislaine Maxwell, the longtime associate of Jeffrey Epstein, Bloomberg News reported on Wednesday, citing two people familiar with the matter.
SoftBank Group Corp's chip company Arm Holdings Ltd has gathered buyout interest from Nvidia Corp, CNBC reported on Wednesday, citing Bloomberg News.
SoftBank Group Corp's chip company Arm Holdings Ltd has gathered buyout interest from Nvidia Corp, CNBC reported on Wednesday, citing Bloomberg News.
Corporate America is downsizing its real estate footprint as companies allow more employees to work from home, a growing threat to the bottom line of owners of traditional office buildings and a sign that companies are looking for ways to cut costs as a result of the coronavirus pandemic....
Investors are piling into haven assets such as gold, the Swiss franc and cash as U.S. stocks approach all-time highs, looking to hedge big moves in equities amid economic uncertainty and a resurgent coronavirus pandemic.
Microsoft may find itself in EU antitrust regulators' crosshairs yet again after U.S. workspace messaging app Slack Technologies Inc complained about the company embedding its workplace chat and video app Teams in its Office product.
The U.S. Senate Committee on Homeland Security and Governmental Affairs voted unanimously on Wednesday to approve a bill from Republican Senator Josh Hawley that would ban federal employees from using social media app TikTok on government-issued devices.
Tesla Inc's shares extended their rally on Wednesday ahead of a quarterly report from the electric car maker that might clear the way for it to join the S&P 500 and attract over US$40 billion in new demand for the stock.
United Airlines expects its daily cash burn rate to slow to between US$15 million and US$20 million in the fourth quarter, depending on the pace of a recovery in demand, executives said on a conference call on Wednesday.
The U.S. securities regulator on Wednesday is poised to finalize new restrictions on firms which advise investors on how they should vote in corporate elections, following a years-long battle between corporate lobbyists and governance activists over the proposed rules.
