Nigerian industrialist and richest man in Africa, Aliko Dangote became $4.3 billion richer in 2019 as his fortune continued to grow following investments in cement, flour and sugar. According to Bloom...
“An initial public offering (IPO) is the process through which a privately held company issues shares of stock to the public for the first time. It is also known as ‘going public’, an IPO transf...
This is a term used to describe people who were born between 1946 and 1964. The baby boomer category represents a large portion of the world population and has a significant impact on the world econom...
As part of the government’s strategy to salvage the US economy during the coronavirus pandemic, the Federal Reserve has introduced a bond ETFs program. The program is aimed at supporting credit flow...
Twitter (TWTR) announced on Wednesday that it would allow its employees to work from home “forever.” This new development came after the company used the coronavirus lockdown period to restructure...
Billionaire investor Carl Icahn took a huge loss in Hertz car rental company after the company filed for bankruptcy last week. Icahn began investing in Hertz in 2014, he bought 11.4 million shares in ...
The billionaire rapper has announced that he is running for the 2020 presidential election in a tweet that he sent out earlier today, July 4th, 2020. In 2019, Kanye initially said he'll run for ...
On Friday, Barry Diller, chairman of Expedia and digital group IAC announced that his companies will stop providing long-term earnings forecasts. In his words, “guidance is a bad business. Were out....
Investing is the process of allocating money with the hope of making profits. The asset or stock that is being invested in is referred to as an investment. Investment is therefore an asset or item tha...
The antitrust congressional hearing with CEOs of tech giants, Amazon, Apple, Facebook, and Google has been moved to noon Eastern time on Wednesday. The hearing was originally scheduled for Monday but ...