According to Bloomberg News, Warren Buffet manifested that he is bullish on US retail banking but not on Wells Fargo & Co anymore.
The billionaire investor was found ending his long-running bet during the first quarter on Wells Fargo, as...
Lloyd Blankfein, Senior Chairman of Goldman Sachs Group Inc., urged consumers and investors to get gear up as there is a very high risk of recession in the U.S.
The looming recession in the coming months
Blankfein said if he were...
Apple Inc. is facing a unionization push in several of its stores and has been holding meetings with its employees and highlighting the company’s benefits by posting notices.
What is the issue?
The company started publishing laminated notices in its store...
According to information on the matter, grocery delivery company Instacart Inc. has confidentially filed for an initial public offering.
More on the upcoming IPO of Instacart
A listing could happen this year though timing can be delayed as per people who...
Alister Hibbert, the star money manager of BlackRock Inc., has turned bearish with sharp declines in stocks leading to his hedge fund facing the worst ever losses in recent times.
The decline of hedge fund
According to a person with information...
Canada's eye health care company Bausch + Lomb Corp. has priced its IPO below the marketed range to raise $630 million, dimming hopes of the market rebounding in the biggest listing in the U.S. in almost four months.
More into...
Zillow Group Inc.'s share prices fell by 13% in late trading on Tuesday after a disappointing outlook raised investors’ fears about the rising interest rates that will impact the U.S. housing market.
The detailed picture
As per a letter addressed to...
The shares of Airbnb Inc. gained 6% during extended trading after the company forecasted the current quarter earnings that look to surpass the Wall Street estimates. Airbnb sees the coming summer season busy after more than two years of...
Elon Musk, who negotiated a $44 billion deal to buy Twitter Inc., told bankers that he would focus on the social media company's bottom line and floated ideas about cost and job cuts, as per the individuals familiar with...
Texas, which used key incentives like tax breaks to attract multibillion-dollar investments from companies like Samsung Electronics Co. and Tesla Inc., is set to discontinue.
More on the matter
As per Bloomberg News, the first quarter saw more than 75 applications...
