JPMorgan’s Jamie Dimon Urges U.S. To Step Up Pressure On Russia
JPMorgan Chase Chief Executive Officer Jamie Dimon wants the U.S. government to ramp up strategies against Russia, including sending more troops to NATO borders, restructuring supply chains, and boosting energy supply with “Marshall Plan” measures...
Premium
Goldman Sachs Internships Draw Record-Smashing Applicant Pool
A record number of college students have applied for Goldman Sachs’ upcoming summer internships, according to the firm. This comes despite reports last year of oppressive working conditions and failing employee health...
Premium
HP To Acquire Video Conferencing Provider Poly For $3.3 Billion
Looking to bolster its hybrid office business, HP Inc. has recently announced a major deal to acquire Poly, a global provider of videoconferencing hardware, conference phones, and headsets, for $3.3 billion, or $40 per share, which will include Poly debt...
EQT Buys Baring Private Equity Asia For $7.5 Billion
Stockholm-based EQT is set to acquire one of the largest private equity firms in Asia, Jean Salata’s Baring Private Equity Asia, in a deal worth $7.5 billion. The deal is expected to be completed in the fourth quarter...
Premium
U.S. Fears China Has Already Resolved To Send Economic Aid To...
U.S. officials are afraid that China has already made the decision to provide Russia with economic and financial aid for its war on Ukraine. Further, they fear China is seriously considering sending military supplies, including armed drones...
Premium
Yield Curve Inversion Could Be Harbinger Of Recession
On March 29, the yield on the two-year Treasury note briefly surpassed the yield on the benchmark 10-year note, marking the first time it has inverted since September 2019. This may be a reflection of a fear in the market that the Federal Reserve...
Barclays Makes Costly $590 Million Overselling Mistake
For exceeding a U.S. limit on sales of structured products, some of which have surged in popularity since Russia's invasion of Ukraine, London-based Barclays is set to face an estimated loss of £450 million ($592 million) and increased regulatory scrutiny...
Premium
Berkshire Hathaway Purchases Alleghany For $11.6 Billion, Further Expands Insurance Portfolio
Ending Warren Buffett's six-year drought of large acquisitions, his conglomerate Berkshire Hathaway recently made a deal to buy insurance company Alleghany Corp. for $11.6 billion. Berkshire agreed to pay $848.02 in cash per share, representing a 25% premium over Alleghany’s March 18 stock price...
Premium
Founded In A Barn, Software Firm Anaplan Bought By Thoma Bravo...
U.S. private equity colossus Thoma Bravo has purchased British enterprise software firm Anaplan for $10.7 billion. Thoma Bravo will pay $66 per share for Anaplan in an all-cash transaction...
Boost The Economy With Permanent Daylight Saving Time?
A bill to permanently switch to daylight saving time in November 2023 has achieved a rare feat: garnering support from both sides of the aisle. According to some members of Congress, the Sunshine Protection Act could jump-start the economy...
Popular Articles
Hertz Appoints Scott M. Haralson as Chief Financial Officer
Hertz Global Holdings, a prominent global rental car company, has announced the appointment of Scott M. Haralson as Chief Financial Officer. "His deep expertise in financial management and leveraging the capital markets to drive business transformation will be invaluable to Hertz as we rotate our fleet, deliver operational excellence, build greater cost discipline and undertake other key initiatives to improve our financial performance", stated Hertz CEO Gil West...
Navan Appoints Amy Butte as Chief Financial Officer
Navan, the comprehensive super app simplifying travel and expense management, announced the appointment of Amy Butte as Chief Financial Officer effective June, 2024. Butte, who joined Navan's Board of Directors in April 2024, has resigned from her role as Audit Committee Chair to assume this executive position...