Warren Buffett has revealed Greg Abel as his likely successor at Berkshire Hathaway. After years of speculations, Warren Buffett has finally disclosed that the Canadian-born businessman, and vice...
A federal judge has ordered Edward Jones, a St. Louis based financial services firm, to pay a $34 million settlement for bias claims by Black financial advisors. The firm is well-known ...
Despite the coronavirus pandemic, there has been a rapid rise in wealth this year resulting in up to $5 trillion more wealth recorded. According to the Forbes 2021 Billionaires list released on ...
The Nigerian National Petroleum Corporation (NNPC) has disclosed its plans to acquire a 20% minority equity stake in Dangote Refinery.This acquisition is to further ensure an undisrupted supply of pet...
As AMC Entertainment stock soars by as high as 127% since Monday, short-sellers have lost an estimated $1.23 billion in the past week.The shares closed on Friday at $26.12, after soaring as high as 38...
AMC Entertainment has revealed that the company is seeking consent from its shareholders to create 25 million more shares.The company's CEO Adam Aron made this known on Thursday night in an episode of...
Ohio-based electric vehicle startup, Lordstown Motors, announced on Monday that two top executives, co-founder and CEO, Steve Burns and CFO Julio Rodriguez, have stepped down from their posi...
AMC stock went up on Monday by over 15%, shocking investors, especially short-sellees who had bet against the stock. Investors shorting the stock lost an estimated $512 million in total as the movie-t...
A new cryptocurrency financial company, Amber Group, has raised $100 million in funding. This funding round places the Hong Kong-based start-up at a valuation of $1 billion. It was led by in...
Star producer, David Guetta, has sold his back catalogue to music company, Warner Music, for a nine-figure sum.The French man, who's behind hits like Titanium with Sia, and I Got A Feeling, ...