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WALL STREET RESCUE
With Situational Awareness AI deal, Citadel's Griffin rides to the rescue againCitadel's founder this week reprised his role as one of Wall Street's rescue buyers, stepping in to salvage California hedge fund Situation...
Trump approves nuclear agreement that may allow Saudi Arabia to enrich uraniumPresident Trump approved a Saudi nuclear deal potentially granting enrichment capability. This agreement, lasting thirty years, involves U....
Warren Buffett said Berkshire Hathaway would be worth half without this company – although it kept shrinkingWarren Buffett once told his shareholders that without one particular acquisition, Berkshire Hathaway “would be lucky to be worth half of w...
He learned one lesson at his family's Michigan business. Now it's a $1 billion AI startupApurva Shrivastava, an Indian-origin entrepreneur who studied in MIT, founded Avoca after observing missed customer calls. This AI startup ...
Near-ruin to riches: The story of chip giant SK hynixSouth Korean chipmaker SK hynix faced significant financial challenges after its founding in 1949. SK Group's 2012 buyout and focus on HBM ...
Warren Buffett issued finance’s most famous warning in his best yearThe most expensive risks, Warren Buffett understood, are the ones that appear on no balance sheet and in no forecast. Until, that is, the d...
Did the first quake trigger the second? Watch Video of the Venezuela earthquake that stunned seismologists — what does this rare double rupture reveal about the hidden dangers beneath northern Venezuela?The Venezuela earthquake became even more extraordinary when two powerful quakes struck within just 39 seconds, leaving scientists searchin...
Mothers search, men weep amid debris of Venezuela quakesTwo powerful earthquakes, measuring 7.2 and 7.5 magnitude, rocked Venezuela on Wednesday, causing buildings to collapse in Caracas and othe...
Venezuela earthquake today: Tsunami alert issued for U. S territory islands as strongest quakes in more than 100 years rattle capital city Caracas, other parts. Why is this unusual natural calamity?Earthquake in Venezuela: Strong earthquakes are unusual in Venezuela. While the country sits near multiple fault lines, its position stradd...
Enola Holmes 3: Here’s when fans can watch new episodes on Netflix, release date, teaser twist and Sherlock’s shocking fateThe Enola Holmes franchise has established a distinctive place among Netflix originals by combining mystery, humor and coming-of-age storyt...
Barney Frank dies at 86: Who was the liberal firebrand behind Dodd-Frank, Wall Street reform, and America’s LGBTQ political revolution?Who was Barney Frank? The death of Barney Frank marks the end of one of the most consequential and controversial political careers in moder...
Israeli forces operated from Iraq's desert during the war: Security sourcesIn the midst of the Iran War, Israeli forces established a covert base in the vast Najaf desert of Iraq. Occupying an abandoned airstrip, t...
- Wall Street doctors come to rescue PEs in India
Loans get rolled over or restructured on mutually agreed and convenient terms under the corporate debt restructuring mechanism.
- Obama proposes Wall Street tax to recover bail-out funds
US President Barack Obama on Thursday proposed a tax on Wall Street's biggest banks to recover more than $100 billion in bail-out funds han...
- Democrats at work to tap bailout for automakers
Democrats for a rescue package to pump $25 bn in emergency loans to US automakers in exchange for a govt ownership. US automakers & global ...
- US government to borrow a record $550 bn in current quarter
The government will borrow a record $550 billion in the current quarter as it scrambles to fund the huge rescue programs being put in place...
- Leaders around globe welcome US bailout plan
Leaders of some of the world's biggest economies welcomed US lawmakers' approval of a 700-bn-dollar Wall Street rescue plan, calling it a r...
- Mitsubishi UFJ buys 21% stake in Morgan Stanley
Mitsubishi UFJ said Monday it will buy nearly 10 percent of Morgan Stanley's common stock for $3 billion, and $6 billion in preferred stock.
- Dimon rises as Wall Street flounders
With the acquisition of Washington Mutual, JPMorgan Chase chief executive Jamie Dimon is starting to look a little more like this century’s...
- Anti-bailout petitions crop up online
As US politicians wrangle in Washington over a financial rescue package for Wall Street, angry denizens of cyberspace are making their view...