News

Family offices have been gaining traction with some 121 of these representing an estimated net worth of $142.4 billion last year, according to the WSJ. A report by UBS Securities...

U.S. President Joe Biden is expected to let his predecessor's ban on temporary foreign workers lapse on Wednesday, according to Reuters. Former President Donald Trump banned temporary foreign workers in...

The U.S. National Labor Relations Board will start reviewing votes on whether to form a union at Amazon.com Inc.'s Alabama center on Tuesday, according to Reuters. An agent said the...

Facebook's planned Instagram-like application for children under 13 could bring about handsome payouts from an improved ad-targeting ability, according to a report by The Wall Street Journal. Facebook recently confirmed...

UBS estimates around $140 trillion in investments on decarbonizing the world's energy supply by 2050, according to CNBC. UBS notes that at least 55% of the world's energy consumption should...

Citi analyst Mark Li upgraded GSX Techedu to ‘buy’ from ‘sell’ with a price target of $56, down from $66, according to The Fly. The upgrade follows a 42% share...

Nomura Holdings Inc. and Credit Suisse Group AG posted double-digit drops on Monday due to exposure to wrong-way bets by Archegos Capital Management, according to Bloomberg. Nomura shares tumbled by...

Online finance start-up SoFi is allowing amateur investors to buy into companies as they go public, according to CNBC. SoFi will act as underwriter in the deals. It will allow...

Chinese firms listed in the United States lost about $60 billion in three days due to the threat of potential de-listings from American stock exchanges, according to CNBC. As of...

Dislodging the Ever Given from the Suez Canal will take at least a week, effectively delaying supply chains and increasing costs, according to Bloomberg. The 200,000-ton Ever Given will require...

A 224,000-ton boat has blocked the Suez Canal in Egypt and halted one of the world's busiest maritime trade routes with $9.6 billion of average daily cargo value, Bloomberg reports....

Recreational marijuana is a step closer to being legalized in New York after officials reached an agreement on special taxes, according to Bloomberg. Senate Finance Committee Chair Liz Krueger said...