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Ackman Sells Netflix Portfolio, Losing $430 Million On a 3-Month Holding Bet

Ackman sold the Netflix holdings in his company Pershing Square Capital Management on Wednesday after the pioneer in streaming platform reported a drop in...

JPMorgan Loses Lead Underwriters Role in Hong Kong Tech IPO

JPMorgan Chase & Co lost their position as the lead underwriter in the IPO of Hong Kong-based Kingsoft Cloud Holdings Ltd after a note...

Reliance Owner Ambani Is Exploring Options for Acquiring Walgreens’s Boots Chain

Walgreens Boots Alliance Inc. is a U.S. company headquartered in Deerfield, Illinois, whose drugstore unit is being looked for acquisition by Reliance Industries Ltd,...

Truck Blockade at Texas Border Endangers $443 Billion Trade

Worsening traffic snarls caused by a Mexican truck block at a key Bridge in Texas have diverted the U.S.-bound cargos to far-flung crossings and...

Building Customer Profiles: Tips for Effective Marketing

Business owners often believe that building a strong workforce is an essential step toward establishing a successful business. When hiring, owners need to consider...

Kolanovic of JP Morgan Says, It’s Time to Enjoy Some Profits

According to Bloomberg News, a strong bull in US equities, Mark Kolanovic is dialing back on the year’s selloff after the market staged a...

Twitter’s Biggest Shareholder, Musk, to Join Its Board with a Stakes Maximum of 14.9 %

Twitter Inc. announced the name of Elon Musk to its Board after it was disclosed that the CEO of Tesla Inc. was the largest...

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