Marc Benioff, the billionaire chief executive officer of Salesforce, has donated a whopping $30 million to study the root causes of homelessness. Benioff’s wife, Lynne, was also a part of these efforts, with the donation being given to the...
In the first quarter of 2019, German automobile marque Mercedes-Benz lost 6 per cent of profit sales because of production delays and falling sales in China.
China, which is the world’s vast car market, has seen a drop in a...
Bloomberg reveals that Norway’s $1 trillion wealth fund has significantly made a jump with an increase amounting to $84 billion, just within the first quarter of 2019. This amounts to $16,000 per citizen. This significant growth comes after the...
Government figures show that there is a surge in consumer spending last March 2019, reaching an index of 0.9 per cent in the first quarter of the year.
For over a decade, this reported increase in figure is the largest...
Honestbee is quickly running out of money. In light of this unfortunate turn of events, the company is eyeing to sell its business.
Tech Crunch reports that the monthly operations of the grocery delivery startup have been taking a toll...
Democrat candidate for presidency Elizabeth Warren announced that her proposed wealth tax will be used to remove student debt and tuition fees from public colleges, says CNBC. According to Warren, this prospective initiative will positively impact around 95% of...
A multinational banking and financial company DBS Bank reports that its profits are higher as compared to estimates, says Bloomberg. The bank’s profits surged from SGD 1.51 billion in March 2018 to SGD 1.65 billion in March this year....
For Melinda Gates, capitalism still trumps socialism despite the former's flaws.
In an interview with CNBC, the wife of Microsoft founder Bill Gates and co-chair of Bill and Melinda Gates Foundation said she would rather live in a capitalistic society...
The heiress of the Disney empire said the multimillion paycheck received by Robert "Bob" Iger, Disney's CEO, is "insane."
Abigail Disney, an independent filmmaker, activist and heir to the broadcasting and entertainment empire said that Iger's total $65.6 million compensation...
In an effort to address corruption, tycoon Lee Kim Yew suggests that the Malaysian government enact a law that controls political wealth acquired through funding, says Free Malaysia Today. This proposition comes after the 14th general election held last...
