News

Goldman Sachs Group posted better-than-expected Q1 earnings as global revenues offset a fall in dealmaking fees, according to a press release by Goldman Sachs on Thursday. Goldman stated that first-quarter...

Popular businessman Elon Musk on Thursday offered an unsolicited proposal to takeover social media giant Twitter for $41 billion, according to a Reuters report. Musk told Twitter’s board that the...

USD Coin issuer Circle Internet Financial Ltd. is eyeing to apply for a crypto bank charter in the United States in the ‘“near future,” Chief Executive Jeremy Allaire said in...

Top officials of the Pentagon are set to meet with major defense contractors to discuss possible steps to aid Ukraine in its ongoing conflict with Russia, according to an FT...

BlackRock Inc. is eyeing to roll out its first exchange-traded fund (ETF) in China latest this year, according to a Reuters report. BlackRock has reportedly started to hire staff for...

Walmart Inc hired PayPal Holdings Inc. Chief Financial Officer John Rainey as its new CFO as the firm seeks to build a fintech app, according to a report by Bloomberg...

American electric-car maker Lucid has launched a new and more expensive version of its sedan touting more power, according to a CNBC report. Dubbed the Lucid Air Grand Touring Performance,...

Los Angeles-based software firm Daily Journal Corp. has cut down its holdings in the Chinese giant Alibaba Group Holding Ltd., according to a Reuters report. A regulatory filing showed that...

IDEG Asset Management (IDEG) launched its Ethereum Enhanced Portfolio, an actively managed fund tracking the price of ether, according to a report by CoinDesk on Tuesday. The fund will be...

Investors should look into acquiring large-cap stocks in the United Kingdom as a hedge against increasing bond yields, JPMorgan strategists said in a Bloomberg report. JPMorgan strategists, including Mislav Matejka...

Mobile payment service Cash App has rolled out a service that will allow clients to automatically invest a part of their paycheck in the form of Bitcoin, according to a...

Shopper network firm Bolt is set to allow users to make purchases through cryptocurrencies through the acquisition of payment infrastructure firm Wyre, the company announced in a statement. Bolt’s acquisition...