Thursday, November 21, 2019
The NAFSA: Association of International Educators confirmed that there are fewer international student enrollments in US universities, costing the economy $11.8 billion loss. Since 2016, the number of foreign students in the United States is declining, a little more than...
With Kylie Cosmetics being valued at a whopping $1.2 billion by Coty Inc., the long-time cosmetics giants made a play for Kylie Jenner’s majority stake. The major beauty company will be buying 51 percent of shares from Kylie Cosmetics...
BlueSpring Wealth Partners, LLC announced its acquisition of Vector Wealth Management last Thursday, November 14, 2019. The firm reportedly acquired the registered investment adviser (RIA) company for a massive $1.1 billion. BlueSpring is the investment arm of Kestra Financial. Kestra...
The newly created sovereign wealth fund of Egypt is planning to buy stakes from power plants co-developed by Siemens AG, reported Bloomberg. The fund seeks to acquire around 30% of the shares, with international investors holding the rest of...
Banking giant DBS Bank unveiled Tuesday, Nov 5, a new mobile app designed for wealthy clients called i-Wealth. In a media event joined by local actor Louis Koo and actress Jessica Hsuan, the bank presented a live demonstration on how...
The fortunes of the US Top 1% are on the brink of reaching the combined wealth of the country’s middle class and upper-middle-class, said Bloomberg. The report revealed that the “historic low-interest rates” allowed the richest households to accumulate...
A New York state judge ordered President Donald Trump to pay $2 million in settlement to resolve a civil lawsuit against Trump Administration, on the alleged ‘unlawful coordination’ with his 2016 Presidential campaign. Last Nov. 7, 2019, Trump said that...
Experts say that the lifestyle and consumption of the society’s 0.01% is a contributing factor in the on-going climate crisis experienced throughout the world. The Australian reported that scientists consider the human activity as an important factor that contributes...
Minneapolis-based Wealth Enhancement Group announced Thursday, Oct 31, it has entered into a definitive agreement to acquire New York-based RCL Advisors. In a press release, Wealth Enhancement Group said the acquisition is aimed to bolster its footprint in the New...
In a blog post dated Friday, November 1, 2019, Google announced its acquisition of fitness tracking company Fitbit. The tech company acquired the wearables brand for $2.1 billion. News of the tech giant’s acquisition comes days after Reuters revealed...

RECENT POSTS