New York Attorney General Letitia James announced Friday, September 13, that the Sackler family may have attempted to hide at least $1 billion in assets, following the growing number of lawsuits filed against them linked to their business Purdue...
A rare Philippine map touted as the ‘mother of all Philippine maps’ sold for $46.72 million last September 14, 2019. The chart was auctioned at the Leon Gallery’s The Magnificent September Auction event, which sold in just four minutes.
According...
Famous French economist Thomas Piketty remarked that billionaires are detrimental to the growth of the economy. CNBC reported that Piketty proposes a tax plan that “would effectively abolish” billionaires.
Piketty told L’Obs in an interview that his graduated wealth tax...
Nissan’s chief executive officer Hiroto Saikawa will step down from the board on September 16, 2019. The former CEO was reportedly asked to step down from his current position last Tuesday, September 10, 2019.
Saikawa is slated to be replaced...
In the move to draw more tourists in the Kingdom, Crown Prince Mohammad bin Salman signs with international theme park operator Six Flags to make ‘entertainment super-city.’
Prince Salman hopes to see tourism to contribute to Saudi’s gross domestic product...
Jac Ma, the wealthiest man in China, has officially retired as Alibaba’s chairman on Tuesday, September 10, during his 55th birthday. This marks the end of the charismatic leader’s 20-year run as the chairman of the world’s biggest e-commerce...
In a Government Accountability Office (GAO) study, it was revealed that Americans who live in poverty live “significantly shorter lives than the rich.” The study commission by Bernie Sanders evaluated a sample of United States residents. According to the...
The 7 Rings singer Ariana Grande sued retail giant Forever 21 last week for $10 million dollars. Grande’s lawsuit comes after the clothing retailer declined to enter a partnership with the performer and after hiring a lookalike model in...
Kuwait Finance House - Bahrain (KFH-Bahrain), an Islamic Retail Bank by the Central Bank of Bahrain, has expanded its portfolio of services by launching a bundle of new private banking and wealth management services.
According to a report from Trade...
Trustees of the Fyre Festival are officially suing big names in the entertainment industry. Some of the stars being sued by the event’s trustee include Kendall Jenner, Emily Ratajkowski, Migos, Blink-182, and many others.
Founded and organized by Billy McFarland,...
