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Banks that backed first republic set aside $100 million reserves

America's biggest banks are reportedly setting aside cash in anticipation of first-quarter losses. The banking giants that helped shore up struggling ...

April 12, 2023, 10:53 am

Softbank's son to sign off on arm's nasdaq listing this week -ft

SoftBank Group Corp Chief Executive Masayoshi Son will officially agree with Nasdaq this week to list British chip designer Arm Ltd, the Financial Tim...

April 11, 2023, 1:37 pm

Occ reportedly auditing jpmorgan chase's due diligence in acquisitions

A regulator is reportedly looking into JPMorgan Chase's due diligence on recent acquisitions. The Office of the Comptroller of the Currency (OCC) laun...

April 7, 2023, 9:27 am

Apple slices small number of retail jobs: report

Apple Inc. AAPL, +0.77% is shaving an unspecified number of jobs within its corporate retail teams, according to a Bloomberg report on Monday. In wha...

April 3, 2023, 6:04 pm

Ubs credit suisse takeover: now with added job cuts

UBS's Swiss government-brokered takeover of domestic rival Credit Suisse could see UBS's headcount slashed by as much as 30%, Swiss newspaper Sonntags...

April 3, 2023, 6:34 am

: sergey brin and other billionaires subpoenaed in jpmorgan-epstein lawsuit: report

Google co-founder Sergey Brin is among the wealthy men who received a subpoena this week in the lawsuit over JPMorgan Chase & Co.s JPM ties to Jeffrey...

March 31, 2023, 9:19 pm

Nikola corporation to raise us$100mln via stock offering

Electric truck maker Nikola Corp (NASDAQ:NKLA) is planning to sell shares to raise US$$100mln. The EV group is taking a two-pronged approach: It wil...

March 31, 2023, 3:17 am

: nikola stock falls toward another record low as share sale announced

Nikola Inc. NKLA shares declined toward an all-time low in after-hours trading Thursday, as the car maker announced plans to sell shares. Nikola annou...

March 30, 2023, 8:33 pm

Nikola stock falls toward another record low as share sale announced

Nikola Inc. NKLA, -6.67% shares declined toward an all-time low in after-hours trading Thursday, as the car maker announced plans to sell shares. Niko...

March 30, 2023, 4:33 pm

Amazon reportedly exploring acquisition of theater chain amc entertainment

Amazon is reportedly exploring an acquisition of theater chain AMC Entertainment. The discussions within Amazon are fluid, the company could wait for ...

March 28, 2023, 7:24 pm

Alibaba founder jack ma returns to china after a year of uncertainty

Jack Ma's whereabouts are making headlines again roughly a year after the billionaire founder of Alibaba disappeared from the public eye. Bloomberg re...

March 27, 2023, 7:11 am

Customers bancorp reportedly seeks potential co-investors for silicon valley bank

Customers Bancorp is reportedly working to put together an offer for Silicon Valley Bank. The Pennsylvania-based bank is exploring such a deal and see...

March 24, 2023, 4:59 pm

Rivian sends more engineers to produce vehicles faster: report

EV maker Rivian Automotive Inc. RIVN, -0.66% is drawing its engineers from across the U.S. to its Illinois manufacturing plant or its California headq...

March 24, 2023, 4:25 pm

Credit suisse, ubs and us banks reportedly face doj investigation

Credit Suisse, UBS and some U.S. banks are reportedly being investigated. Individuals at the two Swiss banks and the unspecified major U.S. banks were...

March 24, 2023, 11:43 am

Beyoncé's time with adidas is reportedly over

The Hollywood Reporter on Thursday, citing an unnamed source, said the music superstar and the sportswe...

March 23, 2023, 6:08 pm

Credit suisse takeover could reportedly result in 'tens of thousands' of job losses

UBS Group AG (NYSE:UBS)'s acquisition of Credit Suisse Group AG (NYSE:CS) could lead to tens of thousands of job cuts, as Switzerland's financial sect...

March 21, 2023, 3:58 am

Coinbase reportedly considering building marketplace outside us

Coinbase is reportedly looking at building a new crypto marketplace outside the United States. The firm has told institutional clients it may establis...

March 17, 2023, 2:26 pm

Motive partners reportedly working to acquire payments tech platform aci worldwide

Private equity firm Motive Partners is reportedly working to acquire payments technology platform ACI Worldwide. Motive Partners has been seeking fina...

March 16, 2023, 9:22 pm

Report: first republic could get rescue from banking giants

America's largest lenders are reportedly considering a plan to rescue the embattled First Republic Bank. JPMorgan Chase, Bank of America and Wells...

March 16, 2023, 2:35 pm

Fdic plans to try again to sell silicon valley bank

Silicon Valley Bank may be coming up for sale again. After failing to find a buyer for the failed bank in a Sunday (March 12) auction, the Federal Dep...

March 13, 2023, 10:42 pm


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