Treasury Secretary Janet Yellen on Thursday said the economy needs a large stimulus package to get back on track to the pre-Covid level. Yellen told CNBC that the $1.9 trillion proposal would be...
Fire investigators of Shaq’s landmark store Krispy Kreme fire outbreak have concluded that the fire was intentionally set. The fire was said to have almost destroyed the historic Atlanta Doughnut sh...
IAC/InterActiveCorp announced December that its Board of Directors had approved the plan to spin off its stake in video software company Vimeo.Vimeo is a cloud-based video platform that provides a one...
The past year was quite dramatic, following the coronavirus pandemic and its impact on the global economy. While many companies were forced to shut down due to a steady decline in their business, some...
Chinese tech firm JD.com has filed to list its supply chain unit, JD Logistics, on the Hong Kong Stock Exchange. Its initial public offering could raise $5 billion, shooting the company’s valuation ...
Word on the street is that Apple plans on venturing into the automotive industry. In 2014, it was reported that Apple was working on a project with over 1,000 car experts and engineers developing...
M&F Bank (OTCMKTS: MFBP) has received equity investments from four of the largest U.S. banks, which will help the bank grow its franchise and serve its underserved customers better.Betwe...
This week, Walt Disney Co. revealed its plans to restructure the company. Walt Disney's recently created Media and Entertainment division will concentrate all its efforts on developing and producing o...
Tech giant Google has announced another major investment it is set to add to its investment portfolio. As the U.S. begins its journey to post-pandemic recovery, Google has indicated an interest in sup...
Minister of Mines and Steel Development, Olamilekan Adegbite disclosed on Sunday that his ministry was in discussions with Nigerian banks, and business owners, especially those who are owners of small...