According to people with knowledge of the matter, Citigroup Inc. may lose $50 million following a fat finger trade by one of its staff in London that caused a crash in the European stocks in May.
The bank is still...
Synopsys Inc., the largest software supplier for designing semiconductors, has said that it is cooperating with the probe by the Government on whether it has passed critical technology to Chinese firms banned by the U.S.
More on it
Sassine Ghazi, the...
Elon Musk is dropping his plans to partially fund the acquisition of Twitter with margin loans tied to his Tesla Inc. shareholding stake and increasing the equity component of the deal to $33.5 billion.
More on the revised planÂ
As per...
Elon Musk has sparked speculation about renegotiating his Twitter deal by saying that the deal is viable at a lower price and not out of the question.Â
Musk’s intention to buy Twitter at a lower price
The share price of Twitter...
According to Bloomberg News, the chief executive officer of Twitter Inc. Parag Agrawal, announced that there would be a freeze in hiring followed by cost-cutting measures Thursday, which reflects the company's uncertain state as it waits for a $44...
Elon Musk is buying out Twitter Inc. for $44 billion. After Musk bought a stake in the social media giant this month, this ends weeks of speculation.
The Monday announcement gave many details about the deal, and this contained much...
According to Bloomberg News, the sale of new homes in the US took a retreat in January after a purchasing spree towards the end of 2021, implying a jump in the mortgage rates that may be restraining demand.
...
Despite a star-studded cast and an Oscar-winning director, the new marvel and Superhero movie "Eternals" is expected to fall short of its predecessors when it gets released this weekend. Walt Disney Co. expects roughly $75 million opening in the...
How green is your breakfast? The sausages on the breakfast plate or your layers chips which one snacks later along with the Perrier?Â
As per Bloomberg news, PepsiCo Inc, Nestle SA, and some of the local brands are among 27...
Josh Baer is the author of the Baer Faxt, which is the art industry newsletter as per Bloomberg News. The author has spent over 25 years making note of the people who have won at the bids and the...
